Tesla Inc. has wrestled a deal to reopen its sole U.S. car-making plant, with Wall Street worries moving on to possible capacity constraints and whether the company will meet longer-term goals. Tesla TSLA, -4.17% Chief Executive Elon Musk had reopened t…
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Month: May 2020
London Markets: FTSE 100 skids on concerns over economy
Read Next U.S. stock indexes finishws sharply lower but off their lows of the session on Wednesday as comments from the Federal Reserve Chairman Jerome Powell about the economic outlook in the aftermath of the COVID-19 pandemic shattered buying enthusiasm on…
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Covid-19 news: UK economy shrank at fastest pace since 2008
By Sam Wong , Adam Vaughan , Conrad Quilty-Harper and Layal Liverpool Commuters wearing cloth masks on London Bridge TOLGA AKMEN/AFP via Getty Images Latest coronavirus news as of 5 pm on 13 May UK economy shrank 2 per cent in the first three months…
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Why Tesla Stock Dropped 5% This Morning
What happened Shares of electric car stock Tesla(NASDAQ:TSLA) slumped more than 5% in early trading Wednesday before paring its losses to close the day down 2.3%. Granted, most stocks closed the day down Wednesday — the S&P 500 Index lost 1.75%. But Te…
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Why Has VectoIQ Acquisition Stock Jumped 130% Since May 1?
Shares of VectoIQ Acquisition (NASDAQ:VTIQ) have had a huge run since the beginning of May, rising over 130% through the market’s close on May 13. It’s not hard to figure out why: VectoIQ, a special purpose acquisition company (or “SPAC”) led by former Gene…
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