Stocks are in the green for Thursday, with Facebook parent Meta Platforms in the driver’s seat after less disastrous than feared results. Gains are a bit less than what stock futures were promising th...
Tag: automotive
Ford Posts $3.1 Billion First-Quarter Loss, Maintains 2022 Outlook
Ford Motor Co. F 0.95% swung to a net loss of $3.1 billion in the first quarter, a reversal largely driven by a steep loss in valuation of its stake in electric-vehicle startup Rivian Automotive Inc. ...
The bond market has crashed. Why one strategist says embrace the pain and get back in.
Investors are more or less trained to think about assets in stock-market terms. That is, a correction is a 10% drop from its peak, and a bear market is 20% drop, etc. But not all assets are equal. In ...
Ford Hurries Out F-150 Lightning to Grab Share of Electrics Market
The latest electric vehicles offer the power to charge household devices or other EVs using the energy stored in the car’s battery. WSJ’s George Downs explores how some companies are developing vehicl...
The stock market selloff still has another 20% to go, says the godfather of liquidity
As the meat of earnings season begins, it’s worth noting what investors have learned so far. The short version is, apart from a few isolated companies (cough, Netflix, cough), not a whole lot: the pro...
James Anderson of Baillie Gifford on Illumina, Moderna, and Other Companies That Matter
James Anderson, a partner at Scottish money manager Baillie Gifford, has personified growth-stock investing during his 39 years with the firm. He was an early backer of Amazon.com, Tesla, and other “e...
Cathie Wood’s Flagship Fund Is Down 45% This Year. Money Is Still Flowing In.
Cathie Wood’s ARK Innovation exchange-traded fund keeps falling, but investors aren’t jumping ship. Shares of the popular ETF, which is known by its ticker ARKK, have declined 45% so far in 2022—inclu...
Jack Dorsey Follows Elon Musk in Dropping CEO Title (For Something Ridiculous)
Inflation may be burning up the charts. Twitter’s (TWTR) – Get Twitter, Inc. Report fate may be hanging in the balance. The world may be lurching towards a once unthinkable confrontation...
Ethereum Accepted in First Crypto-Car Sale by Jeff Wyler Automotive Family
Tomiwabold Olajide Ethereum accepted in first car sale using crypto by Jeff Wyler Automotive Family The second-largest cryptocurrency, Ethereum, has been accepted as payment in the first car sale tran...
This Is What Tesla CEO Elon Musk’s Other Company Is Worth
Text size The Boring Company, Elon Musk’s tunneling company, just raised more capital. Robyn Beck/Getty Images One of Elon Musk’s companies just got more valuable. No, this isn’t about Tesla (ti...
Tesla’s Earnings Crushed Expectations, Setting More Records. The Stock Is Up.
Tesla’s first-quarter profit was far higher than expected. Above, CEO Elon Musk speaks at the opening party for Tesla’s new factory in Texas. SUZANNE CORDEIRO / AFP / Getty Images Text siz...
Tesla Tops Q1 Earnings Forecast, Record Sales, Improving Margins
Updated at 5:15 pm EST Tesla (TSLA) – Get Tesla Inc Report posted stronger-than-expected first quarter earnings Wednesday, with record revenues and a big jump in profit margins, as the clean-en...
The news coming from this giant volcano is even gloomier than the new forecasts from the IMF and World Bank
Investors love looking at esoteric indicators for clues on how the economy is performing, and therefore how stocks, bonds and other assets will trade. How about looking at carbon dioxide emissions? Th...
Ford Confirms an Important Decision That May Not Please Customers
Jim Farley really wants to make Mustangs. The Ford (F) – Get Ford Motor Company Report CEO laid out the company’s goals for Mustang Mach-E, the electric version of the classic pony car in...
Ford Is About to Make a Big Strategic Decision
Ford (F) – Get Ford Motor Company Report wants to go fast. The automotive group does not hide its ambitions to be one of the largest manufacturers of electric vehicles within five years. The c...
Rivian CEO Warns of Looming Electric-Vehicle Battery Shortage
NORMAL, Ill.—Rivian Automotive Inc. Chief Executive RJ Scaringe is warning that the auto industry could soon face a looming shortage of battery supplies for electric vehicles—a challenge that he says ...
Is the Stock Market Open Today? Here Are Hours for Easter Monday 2022.
Text size Dreamstime U.S. investors eager to trade after the holiday weekend will have plenty of news to digest, thanks to corporate earnings. More than 100 companies are slated to report this week—an...
Opinion: Elon Musk’s bid for Twitter spells trouble for Tesla investors — here’s why
For years, Elon Musk has used hype to prop up Tesla’s stock. It’s worked so well that other companies have followed his lead. But now we think the world has seen that the emperor has no clothes. The a...
Elon Musk Says Bill Gates has a $500 million short position in Tesla
Tesla CEO Elon Musk is irked at Bill Gates. He doesn’t see how Gates, a leading proponent of sustainable energy, could possibly sell Tesla’s stock short. And Musk says Gates is doing just that. In a t...