Tesla’s stock is climbing Monday as CEO Elon Musk disclosed the purchase of more than 2.5 million shares worth approximately $1 billion.
Shares of the electric vehicle maker rose more than 5% in morning trading.
Musk purchased various amounts of shares at different prices on Friday, according to a regulatory filing.
After weeks of anticipation on Wall Street and elsewhere, policymakers at the Federal Reserve, which is one of the few remaining independent agencies that hasn’t yet fallen under the control of Donald Trump, will meet in the coming days to set a key interest rate. Trump has recently renewed his attacks on Jerome Powell,
» Read more about: How Far Could Donald Trump’s Assault on the Federal Reserve Go? »
Traders work on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York.
(Bloomberg) — A key question for investors this week is whether Federal Reserve officials push back against market bets on a series of interest-rate cuts extending into next year.
» Read more about: Traders Eye Series of Fed Cuts With Bullish Bets at Risk »
Tesla stock is back in positive territory after a turbulent first half of the year.
Shares of the EV maker were down as much as 45% year-to-date before clawing back losses.
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» Read more about: Why Tesla Stock Continued to Run Higher Today »
Apple‘s (NASDAQ: AAPL) newest products are out, and it’s hard to see this as a needle mover for the tech giant.
The Wall Street Journal exposed Republican short-term thinking in an editorial published Sunday.
Senate Republicans’ push to confirm President Donald Trump’s nominee Stephen Miran onto the Federal Reserve Board — amid Trump’s efforts to control the Fed and slash interest rates — may come back to haunt them,
U.S. stocks are rising at the start of a week that could show whether Wall Street’s record-breaking rally has been overdone
Trader Robert Charmak, right, and specialist Glenn Carell, center, work on the floor of the New York Stock Exchange,
Authorities claim NVIDIA violated Chinese anti-monopoly laws in relations to conditions of the 2020 Mellanox acquisition.
NVIDIA looks to be in a bit of legal hot water with Chinese regulators coming into this week. A preliminary probe found that NVIDIA’s 2020 acquisition of Israeli tech company Mellanox is in violation of anti-monopoly laws in the country,
Nvidia (NVDA) stock has begun the week on the back foot as the Chinese government begins to scrutinize the AI chip leader from multiple angles.
» Read more about: Nvidia stock weakens at start of week as China applies pressure »