Tesla Investors Beware: Bad NIO, Li, XPeng April Deliveries Hit by Covid.
Chinese electric vehicle makersNIO,XPengandLi Autoreported April deliveries on Sunday morning. The numbers aren’t very good. That givesTeslainvestors something else to worry about.NIO(ticker: NIO) del
US STOCKS-Nasdaq Ends Sharply Higher After Twitter Agrees to Be Bought By Musk
"The Dow Jones Industrial Average rose 0.7% to end at 34,049.46 points, while the S&P 500 gained 0.57% to 4,296.12.The Nasdaq Composite climbed 1.29% to 13,004.85.The CBOE Volatility index , known as Wall Street's fear gauge, hit as high as 31.6 points, its highest level since mid-March.Bleak results from pandemic darling $Netflix $ along with surging bond yields pummeled high-growth stocks last week, bringing year-to-date losses in the tech-heavy Nasdaq to about 18%.Traders are pricing in b
Wall Street Thinks Palantir Is Poised for a Comeback. Here's Why
Wall Street is bullish on Palantir because it see catalysts for the company's long-term growth. But the software company's stock price has been cratering.
Tesla Posts Record Profit, Q1 Sales Jump 81% despite Supply-Chain Disruptions
Tesla Inc. late Wednesday reported another record quarter of sales and profit, blowing past Wall Street estimates even though it said its factories continue to run below capacity due to supply-chain p
Twitter Adopts "Poison Pill" to Fight Musk Takeover
$Twitter$ Inc on Friday adopted a limited-duration shareholder rights plan to protect itself from billionaire entrepreneur Elon Musk's $43 billion cash takeover offer.Musk made the bid on Wednesday in a letter to the board of Twitter- the micro-blogging platform that has become a global means of communication for individuals and world leaders - and it was made public in a regulatory filing on Thursday.After his TED talk on Thursday, Musk hinted at the possibility of a hostile bid in which he wou