News
2022 turned out to be a terrible year for EV (electric vehicle) stocks. Yesterday, several EV stocks including Rivian, Lucid Motors, Arrival, and Lordstown Motors […]
Chinese EV Stocks Fall on Demand Woes as NIO Lowers Guidance
Chinese EV (electric vehicle) stocks including NIO and Xpeng Motors are trading lower in US premarket price action today amid reports that Tesla has suspended […]
The SPAC Bubble has Burst and 2023 Might be No Better
Amid the stock market boom of 2020 and 2021, SPACs (special purpose acquisition companies) emerged as a lucrative way for companies looking to go public. […]
Tesla Stock Gains as Musk Says He Would Step Down as Twitter Chief
Tesla (NYSE: TSLA) CEO Elon Musk has confirmed that he would step down as Twitter chief after the majority of respondents in a Twitter poll […]
Lucid Motors Stock Rises After Company Completes Stock Offering
Lucid Motors stock (NYSE: LCID) is trading higher in US premarket price action today after the company announced that it has completed the at-the-market stock […]
Markets Brace for FedEx Earnings amid Rising Recession Fears
FedEx would release its fiscal second quarter 2023 results tomorrow. The stock plunged after its fiscal first-quarter earnings as it flagged recession risks. Here’s what […]
Apple Stock Drifts Towards 52-Week Lows as US Markets Plummet
Those fancying a Santa Claus Rally this year are in for a rude shock as US markets have plummeted this week. Apple stock (NYSE: AAPL) […]
Markets Await Next Fed Move: Could Powell Surprise Markets?
The US Fed would begin its two-day meeting today post which it would announce the rate hike decision. Markets expect Fed to raise rates by […]
Will US Stocks Fall to a New Low in 2023? Analysts Weigh In
US stocks fell last week and had their worst week since September. Some analysts see US markets falling to a new low in 2023. Hedge […]
Apple Set to Use Chips from TSMC’s Arizona Plant amid China Supply Woes
Taiwan Semiconductor Manufacturing Company or TSMC has increased its investment in the US and would now set up two chip plants in the country. Apple […]