Consumer stocks were mixed in Thursday trading, with the SPDR Consumer Staples Select Sector ETF climbing 0.2% while the SPDR Consumer Discretionary Select Sector ETF was sinking 0.5%.
The S&P 500 dipped on Thursday as a raft of upbeat data fanned fears of rising inflation, eclipsing reports that President Joe Biden has offered to scrap his proposed corporate tax hike.
Electric vehicle stocks have lit up the stock market recently, as investors look to cash in on what they see as the inevitable trend away from internal-combustion-powered vehicles. Plenty of names that most people have never heard of are jockeying for position to become the leade
In trading on Thursday, auto parts shares were relative leaders, up on the day by about 1.8%. Leading the group were shares of Workhorse Group, up about 26.3% and shares of Tenneco up about 9.8% on the day.
What happened
Shares of embattled electric-van start-up Workhorse Group (NASDAQ: WKHS) were trading sharply higher on Thursday, amid an apparent short squeeze that might have been triggered by members of a prominent Reddit investing group.
In early trading on Thursday, shares of General Motors topped the list of the day's best performing components of the S&P 500 index, trading up 4.1%. Year to date, General Motors registers a 49.1% gain.
Ford Motor Company (NYSE: F) said today that its U.S. sales rose 4.1% in May from a year ago, despite exceptionally tight inventories caused by a global shortage of crucial computer chips.
Ford Motor Co said Thursday it could face up to $1.3 billion in penalties in a long-running dispute over import duties paid on Ford Transit Connect vehicles.
Wall Street's main indexes dropped on Thursday, weighed down by high-growth technology stocks, as a raft of upbeat data indicated a strong economic rebound was underway, fanning fears of rising inflation.
(RTTNews) - Ford Motor Co. (F) said Thursday said total U.S. sales for the month of May 2021 increased 4.1% to 161,725 vehicles from 155,327 vehicles in the same month last year. Ford's May retail sales were down 11.2 percent.
Ford Motor Co said Thursday it could face up to $1.3 billion in penalties in a long running dispute over import duties paid on Ford Transit Connect vehicles.
A fight over Canadian nickel-copper miner Noront Resources shows the scramble for battery metals is accelerating, with global miners racing to secure supply ahead of an expected surge in demand from electric vehicles.
The great divide that once separated electric car companies from legacy automakers is fading. Nowadays, virtually every major player is rolling out new electric vehicle (EV) options to diversify their lineups and attract more customers.
The future of a bevy of commercial electric van startups seeking investor capital through blank-check IPOs rests largely in the hands of a small group of big companies, above all UPS, FedEx, DHL and Amazon.
Electric Vehicle Stocks Are Heating Up Again, Do You Have Them In Your Portfolio?Electric vehicles are racing to capitalize on the shift towards battery-powered cars, and electric vehicle (EV) stocks have been keeping pace. No doubt, it has been one of the best sectors to find gr
The global semiconductor shortage seeping through the automotive industry (and most other industries) is likely forcing consumers to fix and maintain their old cars rather than buy new ones.
Has a seemingly cheap stock caught your eye? Such names look and feel like they offer you more bang for your investment buck as long as you can jump in while prices are low. All too often we learn these names are cheap for a reason, and end up staying cheap due to a lack of perfo
Mexico's leftist ruling party has dropped plans to nationalize lithium production and is now pushing to welcome private investors to help develop the country's potential in the metal used to make batteries, the senior lawmaker behind the proposal told Reuters.
Today we're going to take a look at the well-established Ford Motor Company (NYSE:F). The company's stock led the NYSE gainers with a relatively large price hike in the past couple of weeks. As a large-cap stock with high coverage by analysts, you could assume any recent c
Ford’s stock (NYSE: F) has risen by 14.8% from $12.11 to $13.90 over the last five trading days. In comparison, as per Trefis, Ford’s Valuation is $13 slightly below the current market price. The broader S&P500 rose by 1.9% over the last five trading days. Ford&