Daily Trade

Tesla Inc. is officially moving its headquarters to the Austin, Texas, area, Chief Executive Elon Musk told investors on Thursday. This doesn’t mean the electric vehicle-maker TSLA, +1.39% would leave California entirely, Musk said. It plans to continue to expand since its Fremont, Calif., factory has been “jammed” for some time, he said. “It’s tough
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Inflation and supply issues are among the buzziest words on Wall Street as the third-quarter earnings reporting season approaches, with investors waiting to see which companies were the best at managing surging cost pressures and shipping disruptions. UBS strategists believe one of the best ways to deal with these headwinds is for a company to
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U.S. stock futures tumbled on Wednesday, with notable pressure ahead for the technology sector and rising bond yields in focus, while investors also waited for private-sector payrolls data. How are stock-index futures trading? Dow Jones Industrial Average futures YM00, -0.99% fell over 300 points, or 1%, to 33,833 S&P 500 futures ES00, -1.17% dropped 1.2%
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There are many reasons to believe the share price of QuantumScape (NYSE:QS) stock should rise. After all, the company is developing solid-state lithium EV batteries for future commercialization. Yet, QS stock is down almost 73% year-to-date. What’s with the disconnect? Source: Michael Vi / Shutterstock.com Such batteries promise a quantum leap over current dominant lithium-ion
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Many studies have investigated how disparities in homeownership rates among Black and Latino Americans, as compared with their white peers, contribute to the country’s broader racial wealth gap. But new research finds that even among those Black and Latino Americans who are able to achieve homeownership, the return on their investment pales in comparison to
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After rising over $100 briefly this year, Cassava Sciences (NASDAQ:SAVA) stock is struggling to rebound. A long document written by the lawyer of a short-seller sent SAVA stock lower. The document challenged the accuracy of some of Cassava’s clinical results Source: Atthapon Raksthaput / Shutterstock.com Cassava has two major clinical studies underway. The top-line data
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When she was a college student in the 1970s, Kristen Taylor had the opportunity to visit Walt Disney World DIS, +4.04% on many occasions. Taylor attended Stetson University, about 60 miles away from the resort, which was then still in its infancy. Many of her classmates were among the Magic Kingdom’s first employees, so she
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The U.S. Fish and Wildlife Service proposed Wednesday to remove 23 animals and a plant from the endangered species list, reluctantly declaring them all likely extinct. They join the list of 650 U.S. species already determined to be lost. Among the latest delisting are the ivory-billed woodpecker, Bachman’s warbler, Scioto madtom, San Marcos gambusia, and eight species
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