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Yahoo Finance • 2 hours ago

Elon Musk Agrees to Testify in SEC’s Twitter-Buyout Probe

(Bloomberg) -- Elon Musk will testify in the US Securities and Exchange Commission’s probe of the billionaire’s 2022 acquisition of the social-media platform once known as Twitter. Most Read from Bloomberg World’s Largest Nuclear Plant S... Full story

Yahoo Finance • 19 hours ago

Five Broad Technology ETFs To Keep On Your Radar In 2024

Major U.S. indices are coming off a strong performance quarter following surging gains of large-cap technology stocks fueling the bull market. Despite the slight drawback in recent weeks, Wall Street analysts are positive that there’s stil... Full story

Yahoo Finance • a day ago

Tesla Stock Investors Should Hear What Jensen Huang Just Said About Tesla

In this week's video, I cover need-to-know news items related to Tesla(NASDAQ: TSLA) during the week of May 20. *Stock prices used were from the trading day of May 24, 2024. The video was published on May 25, 2024. Where to invest $1,000... Full story

Yahoo Finance • 6 days ago

Who Owns the Most Tesla Stock -- Besides Elon Musk?

Even those who don't keep close tabs on Tesla(NASDAQ: TSLA) are surely familiar with Elon Musk and the commanding position he plays in the company's operations. Musk is also the largest shareholder of Tesla stock. However, that's not to s... Full story

Yahoo Finance • 6 days ago

Prediction: These Could Be the Best-Performing EV Stocks Through 2030

Electric vehicle (EV) stocks have had a difficult start to 2024, as industry sales growth has slowed. In addition, there are now more EV brands for consumers to choose from, as both legacy automakers and new upstarts have entered the marke... Full story

Yahoo Finance • 7 days ago

Meet the 2 "Magnificent Seven" Stocks Billionaires Are Selling, and the 1 They Can't Stop Buying

You may not realize it, but last week marked one of the most important data releases of the quarter for investors -- and I'm not talking about the highly anticipated April inflation report. May 15 was the deadline for institutional money... Full story

Yahoo Finance • 8 days ago

Bank of England will cut interest rates in August, says Goldman Sachs

Goldman Sachs and BNP Paribas expect the Bank of England to begin cutting interest rates in August - Hollie Adams/Bloomberg Interest rates will be cut in August, according to major investment banks, even after inflation came in higher tha... Full story

Yahoo Finance • 10 days ago

Some Bad News for Rivian Investors

Despite the doom and gloom surrounding the electric-vehicle (EV) industry lately, Rivian(NASDAQ: RIVN) investors have found some glimmers of positive news to digest. Unfortunately, that wasn't the case recently with registration data from... Full story

Yahoo Finance • 10 days ago

Tesla Layoffs To Continue Through June, Morale Low Among Workers

Tesla Layoffs To Continue Through June, Morale Low Among Workers Tesla Inc. (NASDAQ:TSLA) employees are fearful as the rolling layoffs are expected to continue through at least June. Over a month into CEO Elon Musk's plan to cut at least... Full story

Yahoo Finance • 10 days ago

Tesla Is Positioning Itself to Become the Largest Car Maker

Tesla(NASDAQ: TSLA) is arguably one of the most successful companies in the last decade, turning around its business from the brink of bankruptcy to become one of the most-profitable car manufacturers globally. Despite its huge success, t... Full story

Yahoo Finance • 10 days ago

Tesla Made Its 3 Millionth Car in California. What That Means.

Tesla stock heads into a new week of trading down 29% this year, but up about 25% from its 52-week closing low. Continue reading View comments... Full story

Yahoo Finance • 14 days ago

Honda Commits $65B To Electrification By 2030

Honda Commits $65B To Electrification By 2030 Honda Motor Co. Ltd (NYSE:HMC) is planning to significantly increase its investments in electrification and software development. The automaker aims to spend around $65 billion over the next... Full story

Yahoo Finance • 14 days ago

Consumer interest in EVs just dropped for the first time in 3 years, report says

A new report from automotive research firm J.D. Power noted fading EV interest from American consumers. For the first time since J.D. Power began its Electric Vehicle Consideration (EVC) Study in 2021, EV buying sentiment has dropped. Th... Full story

Yahoo Finance • 15 days ago

Wall Street Jumps To All-Time Highs On Soft Inflation, Bond Yields Tumble, Bitcoin Soars, Meme Stocks Face Carnage: What's Driving Markets Wednesday?

Wall Street Jumps To All-Time Highs On Soft Inflation, Bond Yields Tumble, Bitcoin Soars, Meme Stocks Face Carnage: What's Driving Markets Wednesday? The S&P 500 and the Nasdaq 100 indices rose to fresh record highs during morning trading... Full story

Yahoo Finance • 15 days ago

Volkswagen Gets Surpassed Even By Hyundai

Volkswagen Gets Surpassed Even By Hyundai During the first three months of 2024, Hyundai Motor Group (OTC: HYMTF) surpassed Volkswagen Group (OTC: VWAGY) in terms of operating profit, taking its second place, with Toyota Group (NYSE: TM)... Full story

Yahoo Finance • 15 days ago

3 "Magnificent Seven" Stocks That Can Plunge Up to 86%, According to Select Wall Street Analysts

In case you haven't noticed, the bulls are firmly in control on Wall Street. Since the green flag waved at the start of 2023, the ageless Dow Jones Industrial Average, broad-based S&P 500, and growth-centric Nasdaq Composite have respectiv... Full story

Yahoo Finance • 17 days ago

Tesla Is Changing in Front of Our Eyes

In this week's video, I cover need-to-know news items related to Tesla(NASDAQ: TSLA) during the week of May 6. You can find last week's summary here. *Stock prices used were from the trading day of May 10, 2024. The video was published o... Full story

Yahoo Finance • 18 days ago

Australian ambassador: 'American model is proving its resilience' despite threat from Chinese industrial policy

China may be outspending the US when it comes to industrial policy in sectors like electric vehicles and semiconductors, but America is winning on innovation where it can’t on price, according to one China expert. Speaking to Yahoo Financ... Full story

Yahoo Finance • 18 days ago

The Surprising Reason the S&P 500 Is Starting to Look Cheap

One of the easiest ways to get a reading on whether the market is overvalued is to look at the price-to-earnings (P/E) ratio of the S&P 500. With a P/E of 27, the index looks expensive compared to historic levels. But the market is forwar... Full story

Yahoo Finance • 20 days ago

Stocks Surge On Healthy Earnings Season, Rising Jobless Claims: This Week In The Markets

Stocks Surge On Healthy Earnings Season, Rising Jobless Claims: This Week In The Markets It's been a quiet week in the markets, marked by a dearth of major economic news and a consistent flow of positive indicators from the first-quarter... Full story