The S&P 500 and Nasdaq fell on Thursday with Apple leading declines in megacap growth stocks on concerns over China's iPhone curbs, while a fall in weekly jobless claims stoked worries about sticky inflation.
Self-driving autos are gaining traction, and several companies are testing their robotaxi fleets. From one old-school automaker to a specialized AI chip giant, here are three prime stocks to play the autonomous driving industry.
What happened
Shares of electric car charging company ChargePoint (NYSE: CHPT) collapsed this morning, tumbling 25% through 10 a.m. ET after a huge earnings miss was reported last night.
A Russian businessman with ties to the Kremlin was sentenced on Thursday to nine years in a U.S. prison after being convicted of participating in a $93 million insider-trading scheme involving hacked secret earnings information about multiple companies.
The S&P 500 and Nasdaq fell on Thursday with Apple leading declines in megacap growth stocks on concerns over China's iPhone curbs, while weaker-than-expected jobless claims data stoked worries about sticky inflation.
Cathie Wood's Ark Invest has made a name for itself with bold bets on high-growth stocks. Wood ignores short-term volatility in her exchange-traded funds (ETFs) and invests in companies based on their long-term potential.
The NASDAQ 100 Pre-Market Indicator is down -185.06 to 15,186.38. The total Pre-Market volume is currently 30,767,876 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro Short QQQ (SQQQ) is +0.47 at $18.65, with 3,793,473 shares
China has in recent weeks widened existing curbs on the use of iPhones by state employees, telling staff at some central government agencies to stop using their Apple mobiles at work, two sources familiar with the matter said.
The S&P 500 and Nasdaq futures fell on Thursday over concerns about sticky inflation, while investors awaited comments from key Federal Reserve officials later in the day to gauge the U.S. interest rate path.
China has in recent weeks widened existing curbs on the use of iPhones by state employees, telling staff at some central government agencies to stop using their Apple mobiles at work, two sources familiar with the matter said.
Tesla (NASDAQ: TSLA) cut prices for both vehicles and driver assist software, and that could put further pressure on the company's margins. In this video, Travis Hoium covers why this is a big deal for investors.
The S&P 500 and Nasdaq futures fell on Thursday over persistent inflationary pressures, while investors awaited comments from key Federal Reserve officials later in the day to gauge the U.S. interest rate path.
Few next-big-thing growth trends offer as much long-term promise as electric vehicles (EVs). Based on a recently released report from Fortune Business Insights, the global EV industry is expected to reach $1.58 trillion in annual sales by 2030, representing a compound annual grow
South Korean shares fell for a third straight session on Thursday, tracking overnight Wall Street losses, with battery makers dragging the benchmark index lower on declines in electric vehicles maker Tesla.
Tesla (TSLA) closed at $251.99 in the latest trading session, marking a -1.75% move from the prior day. This move lagged the S&P 500's daily loss of 0.7%. Meanwhile, the Dow lost 0.57%, and the Nasdaq, a tech-heavy index, lost
What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.70%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.57%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.88%. Stocks on Wednesday posted moderate losses, with the S&P...
Wall Street's three major averages closed lower on Wednesday with the Nasdaq's 1% loss leading declines after stronger-than-expected services sector data fueled concerns that still sticky inflation would mean that interest rates stay higher for longer.
Wall Street's three major averages closed lower on Wednesday with the Nasdaq leading declines after stronger-than-expected services sector data fueled concerns that still sticky inflation would mean that interest rates stay higher for longer.
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Overstock.com Inc (Symbol: OSTK), where a total of 54,726 contracts have traded so far, representing approximately 5.5 million underlying shares. That amounts to about
A U.S. appeals court panel on Wednesday seemed open to reversing a labor board's ruling that Tesla Inc violated the rights of factory workers by barring them from wearing t-shirts supporting a union campaign.