U.S. technology shares rose on Thursday on optimism around a speedy economic recovery, although the Federal Reserve's unexpectedly hawkish message on monetary policy kept the S&P 500 and the Dow indexes subdued.
Weakness in tech shares was set to pull Wall Street lower on Thursday after the Federal Reserve signaled it could start tapering its stimulus earlier than expected, piling pressure on a sector that is seen as vulnerable to higher interest rates.
Consumer stocks were slipping ahead of Thursday's market open as the Consumer Staples Select Sector SPDR Fund (XLP) was down 0.20% while the Consumer Discretionary Select Sector SPDR Fund (XLY) was unchanged recently.
Ford Motor Co said on Thursday that an improvement in its automotive business will help the company post second-quarter adjusted operating earnings above its own expectations.
The NASDAQ 100 Pre-Market Indicator is down -52.77 to 13,930.24. The total Pre-Market volume is currently 21,093,901 shares traded.The following are the most active stocks for the pre-market session: Orphazyme A/S (ORPH) is -1.86 at $14.35, with 3,366,383 shares traded. ORPH's c
Ford Motor Co said on Thursday second-quarter adjusted earnings before interest and taxes will surpass its expectations and be significantly better than a year earlier.
Tesla (NASDAQ: TSLA) has been the talk of the auto and electric-vehicle (EV) stocks for most of the last decade and for good reason. The company has come to define electric vehicles and has done more to disrupt the auto industry than any company in a century. But this year, it's
General Motors' (NYSE: GM) plan back in March 2020 was to invest $20 billion over five years in electric and autonomous vehicles. That money would go toward building and equipping factories, engineering expenses, and other development costs. At the time, GM aimed to sell more tha
Ford Motor will pay roughly 2.5 billion reais ($495 million) to the state of Bahia after deciding to close its plants in Brazil, newspaper O Estado de S. Paulo reported on Thursday.
What happened
Shares of residential solar installer Sunrun (NASDAQ: RUN) jumped as much as 14.8% in trading on Wednesday after getting a big upgrade from analysts at Morgan Stanley. Shares held their gains for most of the day and are up 11.3% at 3:40 p.m. EDT.
General Motors Co is looking at signing longer-term supply contracts or partnering with chip and wafer suppliers in the future to mitigate the impact it has seen from the global semiconductor shortage, the automaker's chief financial officer said on Wednesday.
The U.S. Senate Commerce Committee on Wednesday again rejected attempts to lift regulations to allow for the deployment of thousands of autonomous vehicles as union groups and attorneys campaign against the legislative proposal.
4 Trending Electric Vehicle (EV) Stocks To Watch In The Stock Market NowWith all the focus on the economy reopening now, electric vehicle (EV) stocks could provide an interesting opportunity for investors. If anything, some would argue that this sector of the stock market is home
General Motors Co on Wednesday boosted its spending on electric and autonomous vehicles, pulled ahead plans for two U.S. battery plants and forecast stronger-than-expected second-quarter profits.
General Motors Co on Wednesday boosted its spending on electric and autonomous vehicles, pulled ahead plans for two U.S. battery plants and forecast stronger-than-expected second-quarter profits.
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Datadog (NASDAQ: DDOG) went in opposite directions over the past few months as the rotation from growth to value stocks rattled the tech sector. Alphabet's stock has risen nearly 40% since the beginning of 2021 as Google's advertising b
Britain is in talks with six companies for building gigafactories to produce electric vehicle batteries, the Financial Times reported on Wednesday, citing people briefed on the discussions.
Britain is in talks with six companies about building gigafactories to produce batteries for electric vehicles (EV), the Financial Times reported on Wednesday, citing people briefed on the discussions.
General Motors Co will boost global spending on electric and autonomous vehicles to $35 billion through 2025, a 30% jump over its most recent forecast as it pursues EV leadership, people briefed on the matter told Reuters.