Dow Futures Surge as Wall Street Rebounds From Last Week’s Steep Selloff

Text size Traders work on the floor of the New York Stock Exchange. Spencer Platt / Getty Images Stock futures traded sharply higher Tuesday as investors returned from a three-day weekend feeling a bit more optimistic after last week’s steep selloff. Contracts linked to the Dow Jones Industrial Average rose 493 points, or 1.7%, to … Read more

Tesla 3-1 Stock Split: Here’s What Elon Musk Needs to Happen First

Tesla (TSLA) – Get Tesla Inc. Report is planning to split its stock 3-for-1 according to a regulatory filing late on June 10, but something has to happen first. The electrical vehicle maker made the move for a couple of reasons, according to the proxy filing with the Securities and Exchange Commission. First, “we believe … Read more

Rivian’s Great EV Expectations Meet the Harsh Reality of Manufacturing

To Rivian Automotive Inc.’s factory in Normal, Ill., Life is anything but. Car factories around the world routinely churn out models around the clock. About eight months after production on Rivian’s electric trucks started, executives recently marked a milestone in uninterrupted work days: The company’s plant ran at full speed for an entire 10-hour work … Read more

Tesla Investors Are Getting Fed Up With Elon Musk’s Twitter Takeover

Text size Musk has said “Tesla is on my mind 24/7.” Win McNamee / Getty Images Tesla shareholders are growing more vocal about their frustrations with Elon Musk’s $ 44 billion bid to take Twitter private. Tesla shares (ticker: TSLA) have lost a quarter of their value since early April when Musk disclosed his stake … Read more

Technology Day: Top tech trends that will turn the tables in 2022

By Vinod Jeyachandran, A truism of technology is that it’s always changing. And in the post-pandemic world, tech seems to be evolving faster than ever before. Innovations that once seemed unimaginable have become commonplace and more are on the way. To prove the point, here’s a look at seven key tech trends to watch for … Read more

Cathie Wood Sells Some Tesla Stock and Buys Some GM Shares

Text size Cathie Wood Courtesy of ARK It may sound like sacrilege, but ARK Invest founder Cathie Wood sold some Tesla stock and bought some General Motors shares. It’s a bit of a surprise, but the devil is in the details. ARK reported late Monday the sale of about 15,000 Tesla (ticker: TSLA) shares from … Read more