Tesla Inc
CNBC Daily Open: Expectations on Fed cuts were the lethal blow to markets
Traders work on the New York Stock Exchange (NYSE) floor in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You […]
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Tesla shares sink 8%, giving up some gains from post-election pop
A Tesla Cybertruck is parked outside of a dealership on November 14, 2024 in Austin, Texas. Brandon Bell | Getty Images Tesla shares sank more than 8% on Wednesday, notching their steepest drop since before Donald Trump’s election victory last month, which sparked a sharp rally in the stock. Tesla closed at $440.13, and is […]
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U.S. auto sales next year expected to be best since 2019
A sale sign is seen at car dealer Serramonte Subaru in Colma, California. Stephen Lam | Reuters DETROIT — U.S. new vehicle sales are expected to rise next year to their highest level since 2019, led by lower interest rates and improving affordability, according to industry analysts. Cox Automotive expects new light-duty vehicle sales to […]
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Nissan shares surge 22% after media reports on potential mega merger with Honda
Makoto Uchida (L), president and CEO of Japanese auto maker Nissan, shakes hands with Toshihiro Mibe (R), director, president and representative executive officer of auto maker Honda, following a press conference in Tokyo on August 1, 2024. Richard A. Brooks | Afp | Getty Images Nissan Motor shares surged Wednesday following a media report that […]
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Senator Elizabeth Warren says Trump needs to hold Elon Musk to ethics standards
U.S. President-elect Donald Trump walks with Elon Musk before attending a viewing of the launch of the sixth test flight of the SpaceX Starship rocket, in Brownsville, Texas, U.S., November 19, 2024. Brandon Bell | Via Reuters Senator Elizabeth Warren has asked Donald Trump’s transition team to hold Elon Musk to the same ethics standards […]
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Japan’s Honda and Nissan to reportedly begin merger talks
Makoto Uchida, president and CEO of Nissan Motor, and Toshihiro Mibe, Honda Motor president and CEO, attend their joint press conference in Tokyo, Japan March 15, 2024. Kyodo | Via Reuters DETROIT — Japanese automakers Nissan Motor and Honda Motor reportedly plan to enter into negotiations for a merger to better compete in the rapidly […]
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Stocks making the biggest moves midday: Pfizer, Broadcom, Teva Pharmaceuticals and more
Check out the companies making headlines in midday trading: Teva Pharmaceuticals , Sanofi — Shares of Teva Pharmaceuticals and Sanofi rose more than 23% and 6%, respectively, after the companies announced positive Phase 2b results for duvakitug, their joint treatment of moderate to severe inflammatory bowel disease. Pfizer — Shares traded around 4% higher on […]
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Stocks making the biggest moves premarket: Pfizer, Tesla, SolarEdge, Red Cat and more
Check out the companies making headlines in premarket trading. Pfizer — The drugmaker’s stock climbed more than 2% in premarket trading after the company released 2025 forecast that met Wall Street expectations . Pfizer said it expects revenue between $61 billion and $64 billion next year, compared with a consensus estimate of $63.2 billion, per FactSet. Red […]
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Stock futures are flat after Dow notches longest losing streak since 2018: Live updates
Traders work on the floor of the New York Stock Exchange during afternoon trading on Sept. 5, 2024. Michael M. Santiago | Getty Images Stock futures inched lower after the Dow Jones Industrial Average registered its longest losing streak since 2018. Futures tied to the Dow dipped 45 points, or 0.1%. S&P 500 futures edged […]
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From growth to gone: GM’s Cruise robotaxi business is latest growth initiative to falter
A Cruise autonomous taxi in San Francisco, California, US, on Thursday Aug. 10, 2023. David Paul Morris | Bloomberg | Getty Images DETROIT — For years, General Motors CEO and Chair Mary Barra has promised a new future for the company, away from a stodgy metal-bending automaker into a tech-driven, forward-thinking company poised for growth. […]
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