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The S&P 500 and Nasdaq climbed on Monday, fueled by Tesla ahead of the electric car maker’s quarterly report, which kicks off this week’s results from several heavyweight growth companies. Tesla Inc (TSLA.O) advanced 1.3%, with analysts expecting the company Read more
GameStop Corp (GME.N) has raised $551 million through an equity offering as the videogame retailer accelerates its shift to e-commerce, sending its shares 15% higher in extended trading on Monday. The company, which was at the center of a Reddit-fueled Read more
The California Public Employees’ Retirement System (CalPERS) said on Monday it plans to vote for Engine No. 1′s four director nominees to Exxon Mobil Corp’s (XOM.N) board, throwing additional support to the activist hedge fund in its proxy fight with Read more
Tesla’s (TSLA.O) quarterly report on Monday hit targets qualifying Chief Executive Elon Musk for two options payouts worth a combined $11 billion. The electric car maker beat Wall Street’s expectations for first-quarter revenue and profit, boosted by record deliveries, robust Read more
Electric carmaker Tesla Inc (TSLA.O) marginally beat Wall Street expectations for first-quarter revenue on Monday boosted by a jump in environmental credit sales to other automakers and liquidating some bitcoins. Tesla posted record deliveries in the first quarter despite a Read more
Investors will be scrutinizing the Federal Reserve’s comments at the close of its policy meeting this week, which will come on Wednesday, for insight into the central bank’s thinking on inflation, bond purchases and risks to the financial system posed Read more
In Shanghai, aerospace executive Lu Hao didn’t just buy a sleek electric SUV from Nio (NIO.N), China’s answer to Tesla . He bought Nio’s whole vision of a future where social media, e-commerce and the daily commute converge in one Read more