Aurora Innovation (AUR), a leader in autonomous trucking, experienced a dramatic surge in its stock price, rising over 30% by 11 am EST after announcing a strategic partnership with Nvidia (NVDA) to scale the deployment of self-driving trucks. The deal, unveiled at...
Tesla's stock (TSLA) faced a sharp decline on Tuesday afternoon following a significant legal setback for CEO Elon Musk. A Delaware court once again struck down Musk’s controversial $56 billion pay package, rejecting his appeal to revise a previous ruling. The...
In an impressive surge, Tesla Inc. (NASDAQ: TSLA) saw its stock price rise by more than 10% during afternoon trading on Friday, propelling the electric vehicle giant’s market capitalization past the $1 trillion mark. The rally comes amid growing optimism among...
Tesla, Inc. (TSLA) saw a significant boost in its stock price on Thursday morning, surging by 18% in early trading following the release of its quarterly earnings report. Investors reacted positively to the results, which, while mixed in some areas, highlighted the...
Tesla (TSLA) is set to report its earnings after the market closes on Wednesday, and analysts have their eyes on key figures. The consensus estimate for earnings per share (EPS) stands at 58 cents, with anticipated revenue reaching $25.37 billion, according to LSEG...
Tesla, the electric vehicle (EV) maker known for its ambitious innovations, experienced a notable stock decline following the much-anticipated unveiling of its Cybercab robotaxi prototype. On Friday morning, shares were down approximately 8.6%, adding to a 6% dip...
On Friday, Polestar Automotive captured headlines with a remarkable 57% surge in its stock price, an outlier in a market where most stocks, including major indices, were experiencing declines. This sharp uptick has sparked interest and speculation, particularly in the...
In a decisive move aimed at reshaping global trade dynamics, Canada has announced a 100% tariff on imported Chinese electric vehicles (EVs). This bold step, which mirrors recent actions by the United States and the European Commission, marks a significant escalation...
Ford Motor Company is recalibrating its strategy in the electric vehicle (EV) market, placing a strategic bet on smaller, more affordable EVs. This shift reflects a broader industry trend and underscores Ford’s commitment to capturing a significant share of the...
Artificial Intelligence (AI) and electric vehicles (EVs) have revolutionized various aspects of our lives. They offer promising solutions to some of our most pressing challenges, such as climate change and the need for more efficient and intelligent technology....
The U.S. Securities and Exchange Commission (SEC) has rescinded a controversial accounting rule that required banks to treat bitcoin and other cryptocurrencies as liabilities on their balance sheets. Staff Accounting Bulletin 121 (SAB 121), introduced in 2022, imposed...
Novo Nordisk (NVO) experienced a significant surge in pre-market trading on Friday, with its stock climbing 12% following the announcement of promising results from an early-stage clinical trial for its new obesity treatment, amycretin. The Danish pharmaceutical giant...
In a move that highlights Saudi Arabia’s ongoing efforts to strengthen its economic ties with the United States, Crown Prince Mohammed bin Salman (MBS) announced a significant pledge to President Donald Trump. According to the Saudi state-run news agency SPA, MBS...