QuantumScape, the 10-year-old Silicon Valley battery startup backed by Volkswagen AG, said on Thursday it plans to go public through a reverse merger with Kensington Capital Acquisition Corp with an enterprise value of $3.3 billion.
You can love or hate Tesla (NASDAQ: TSLA), but there's no denying the company is a game-changer. Electric cars have been around for close to 130 years. But Elon Musk shook up the auto industry's view of what electric cars could be with the launch of Tesla's first vehicle in 2008
Silicon Valley entrepreneur Elon Musk and German Economy Minister Peter Altmaier consider vaccine company CureVac as one the world's most innovative firms, a source said on Thursday, after Musk and Altmaier met on Wednesday.
It was another record-breaking day for the broader market, the Dow adding over 450 points after a surge in blue chips Coca-Cola (KO) and IBM (IBM). Meanwhile, traders took profits out of industry behemoths Apple (AAPL) and Tesla (TSLA), both of which slid after recently comple
It was another record-breaking day for the broader market, the Dow adding over 450 points after a surge in blue chips Coca-Cola (KO) and IBM (IBM). Meanwhile, traders took profits out of industry behemoths Apple (AAPL) and Tesla (TSLA), both of which slid after recently comple
What happened
Shares of electric-truck makers Workhorse Group (NASDAQ: WKHS) and Nikola (NASDAQ: NKLA) were both trading lower on Wednesday after a longtime investor in Tesla (NASDAQ: TSLA) said that it had reduced its stake in the electric-vehicle giant.
The S&P 500 rose on Wednesday for the ninth time in the past 10 sessions although defensive sectors took their turn to lead the gains after data showed U.S. private payrolls expanded last month, but at a much slower pace than expected.
Tesla Inc's CEO Elon Musk met with three German ministers and other senior politicians on Wednesday to discuss the progress of a collaboration between the car maker and a German biotech company and a planned electric vehicle factory.
The S&P 500 rose on Wednesday for the ninth time in the past ten sessions although defensive sectors took their turn to lead the charge after data showed U.S. private payrolls expanded last month, but at a slower-than-expected pace.
Tesla Inc shares fell as much as 15% on Wednesday, extending previous session's losses after the electric-car maker announced a $5 billion stock offering that was aimed at cashing in on Wall Street's heightened interest.
What happened
As of noon EDT on Wednesday, shares of Tesla (NASDAQ: TSLA) were trading about 9% lower. The stock, however, had been down by as much as 14.7% earlier in the day.
The S&P 500 rose on Wednesday for the ninth time in the past ten sessions on a boost from Nvidia and Microsoft, as data showed a moderate increase in U.S. private payrolls last month.
The Direxion NASDAQ-100 Equal Weighted Index Shares ETF is seeing unusually high volume in afternoon trading Wednesday, with over 226,000 shares traded versus three month average volume of about 52,000. Shares of QQQE were up about 0.2% on the day.
The S&P 500 rose on Wednesday for the ninth time in the past ten sessions on a boost from Nvidia and Microsoft, as data showed a moderate increase in U.S. private payrolls last month.
Glass Lewis, a company that provides proxy-voting recommendations to institutional investors, said late Tuesday that it is now recommending that shareholders of Tesla (NASDAQ: TSLA) vote in favor of reelecting Robyn Denholm to chair the company's board of directors.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) has been on a massive record run lately, with huge gains in 2020 even as the rest of the market suffered more dramatically from the COVID-19 pandemic. With those big gains, though, can come equally extreme volatility. Wednesday, that's w
The S&P 500 rose on Wednesday for the ninth time in the past ten sessions on a boost from Nvidia and Microsoft, as data showed a moderate increase in U.S. private payrolls last month.
In early trading on Wednesday, shares of NVIDIA topped the list of the day's best performing components of the Nasdaq 100 index, trading up 3.5%. Year to date, NVIDIA registers a 143.1% gain.
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".
Reuters
Checked
5 minutes 26 seconds ago
This feed is responsible for generating the rss feed related to the topic TSLA