Today was Election Day, and on Wall Street, that was cause for a celebration. Investors seemed pleased to have voting underway without major hitches, and major market benchmarks sustained their recovery from the big pullback during the last week of October. Gains for the Dow Jone
Investors were ecstatic when Apple (NASDAQ: AAPL) announced a 4-for-1 stock split back in late July. The first stock split in six years created a wave of buying in the tech giant's shares, sending the stock to record highs and Apple's valuation above the $2 trillion mark.The spli
Retail investors have been a growing force in 2020, exploding in numbers during lockdowns and helping fuel the rebound in stocks from pandemic-driven lows. Now, as election-related volatility spikes, this new cohort sees opportunities.
China government officials are forecasting sales of non-gasoline-powered vehicles to jump to 20% of overall Chinese sales by 2025, from just 5% now.Sales of "new energy vehicles," which include battery electric, plug-in hybrids, and hydrogen fuel-cell vehicles, are expected to ju
What happenedEasy go, easy come. On Friday, Tesla (NASDAQ: TSLA) stock closed out the month of October on a low note, falling 5.5% after Consumer Reports rated the company's Autopilot autonomous driving software "a distant second" to the Super Cruise driving tech offered by Gener
The higher one climbs, the harder one falls. Such is the fate for stocks that are trading at ridiculously high price-to-earnings ratios. This is especially the case in the context of the ongoing market sell-off, where the S&P 500 has now declined 8.3% from all-time highs. The
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