Churchill Capital IV (NYSE: CCIV.U) (NYSE: CCIV) started off the week like most special-purpose acquisition companies (SPACs) that have yet to announce a target company to merge with: Trading around $10 per share. As a reminder, SPACs are just piles of money sitting in a trust ac
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US"
Tesla (NASDAQ: TSLA) late Wednesday got mixed news from the National Highway Traffic Safety Administration (NHTSA), with the agency requesting Tesla recall about 158,000 vehicles due to safety concerns but also assigning a five-star crash safety rating to the automaker's Model Y.
(RTTNews) - The National Highway Traffic Safety Administration or NHTSA has asked electric car maker Tesla Inc. to recall about 158,000 of its Model S and Model X vehicles for possible safety-related defects due to incidents of media control unit or MCU failures. The display cont
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US"
Wall Street's main indexes were set to open slightly higher on Thursday with investors awaiting details on President-elect Joe Biden's proposals for stimulus to jump-start the economy as data showed a struggling job market recovery.
India's Tata Group plans to invest in digital, high-end electronics and healthcare in a post-pandemic world, the $100 billion conglomerate's chairman said on Thursday.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US"
Futures tracking the S&P 500 and the Dow edged higher on Thursday as investors awaited details on President-elect Joe Biden's proposals for stimulus and data on a labor market that is struggling to recover.
Lemonade (NYSE: LMND) was one of the hottest IPOs of 2020, and its run is spilling over into 2021. Shares are up some 150% since the stock's first day of trading last July, and this small insurance technology company's market cap has surged to about $10 billion. Given that Lemona
Following the most breakneck bear market in history during the first quarter of 2020, the broader market has spent most of the past 9 1/2 months in all-out rally mode. Tech, healthcare, and pretty much anything perceived as innovative or high growth have been off to the races in
The US National Highway Traffic Safety Administration (NHTSA) urged Tesla to recall around 158,000 vehicles over safety concerns. Shares declined 1.3% in Wednesday's after-market trading.
Tesla’s (TSLA) vehicles that have been asked to recall involve 2012-2018 Model S and 2016-2018 Model X. The US car-safety regulator stated that its Office of Defects Investigation unit has detected a media control unit failure leading to the vehicles' rearview camera and touchscreen displays not working.
The NHTSA has asked the electric vehicle maker to respond to the recall request by Jan. 27. Failure to do so will attract civil penalties. (See TSLA stock analysis on TipRanks)
On Jan. 13, Edward Jones analyst Jeff Windau initiated coverage on Tesla with a Hold rating. Although Windau views TSLA as a market leader in the electric vehicle space, he also sees the company facing incremental competition.
The rest of the Street is sidelined on the stock. The Hold analyst consensus shows 14 Holds, 7 Buys, and 6 Sells. The average price target of $534.63 implies downside potential of 37.4%. Shares have rallied by about 714% over the past year.
Meanwhile, TipRanks' Hedge Fund Trading Activity tool shows that confidence in Tesla is currently Very Positive as 15 hedge funds increased their cumulative holdings in TSLA by 228.8K shares in the last quarter.
As the new year begins, investors are trying to make sense of a crazy time. Even with the world going through its worst pandemic in a century, stock markets were able to move beyond months of complete economic shutdowns across much of the globe and instead focus on prospects for
The National Highway Traffic Safety Administration (NHTSA) on Wednesday asked Tesla Inc to recall 158,000 Model S and Model X vehicles over media control unit (MCU) failures that could pose safety risks by leading to touchscreen displays not working.
The National Highway Traffic Safety Administration (NHTSA) on Wednesday asked Tesla Inc to recall 158,000 Model S and Model X vehicles over media control unit failures that could pose safety risks by leading to touchscreen displays not working.
Should You Consider These Top EV Stocks Right Now For Your Long-Term Portfolio?Electric vehicle (EV) stocks have been on a hot streak in recent times. They have enjoyed explosive growth last year in the stock market as we see their evaluations shot up amidst the global uncertaint
What happenedShares of Churchill Capital IV (NYSE: CCIV.U) have surged this week as rumors swirled that the special purpose acquisition company (SPAC) is in talks to merge with luxury electric vehicle (EV) maker Lucid Motors.
Amazon (NASDAQ: AMZN) stands the most to gain in the digital advertising market over the next couple of years, taking share from the incumbents Google, a division of Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) and Facebook (NASDAQ: FB). That assessment comes courtesy of a new ad buye
In 2020, multiple investing strategies seemed to work when it came to getting strong results. The volatility created by the coronavirus pandemic led to big opportunities for investors with available capital. It also created some volatile swings in stock prices that weren't entire
What happenedShares of WiMi Hologram Cloud (NASDAQ: WIMI) skyrocketed on Wednesday morning after the company announced newly patented laser technology with applications in driverless cars, electric vehicles, medical imaging, and more. The company's stock has languished over the l