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Why are electric car stocks Tesla, Rivian and Lucid all down today?
Tesla's weak delivery reports have led to an industry-wide downturn.
Category: stocks
'Big Short' Investor Steve Eisman Warns Stock Bubble Could Form If Fed Cuts Rates This Year
Steve Eisman, a prominent "big short" investor, says recent data provides no reason to cut rates now.
Asian stocks fall as rate cut optimism fades: Market Roundup
(Bloomberg) -- Asian stocks are set to follow Wall Street lower after solid economic data and a rebound in commodities fueled speculation that major central banks will keep interest rates higher for a longer period of time: Tesla Sales Hit Record High, Electric Cars Hit Hard Iran Vows to Punish Israel Strikes
ETFs Close Lower in March as Stocks Bounce Back
Eighteen fund companies closed in March, down 54% from the previous month; the number of fund companies closing this year is likely to remain over 2,023.
Why Cardlytics Stock Surges 75% in the Last Month
The company's business is stabilizing, but it is still struggling to resonate past mistakes.
JPMorgan warns of growing disconnect between continued stock rally and delayed rate cuts
"The stock market snubbed a recent pivot, which may have been a mistake," analysts at JPMorgan wrote in the report.
Rubrik's IPO filing hints at thaw in tech IPO market
Rubrik, a data network security company that raised more than $500 million during its privatization, filed for an IPO after the close of business on Monday. Rubrik's choice to go public now, following the IPOs of Reddit and Astera Labs, could indicate that the IPO market for tech companies is heating up. As a private market company, Rubrik last raised money in 2019, where it closed a $261 million round at a $3.6 billion post-investment valuation, according to Crunchbase.
One Wall Street analyst sees 28% upside in Taiwan semiconductor manufacturing stocks
The chip industry is bottoming out, setting the stage for growth in 2024.
Tesla's first-quarter deliveries miss sharply, shares plunge nearly 5 percent
Shares of electric car maker Tesla have tumbled after the company announced a sharp drop in first-quarter deliveries. Prior to reporting first-quarter deliveries, Tesla had warned in January that its vehicle production growth rate would be "significantly lower" than in 2023.
1 Wall Street Analysts Think Boeing Shares Will Rise to $209; Should You Sell?
The market is becoming increasingly anxious about the company's medium-term targets.
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