$10,000 Electric Vehicle? This Company Is Readying One For Market
An Indian automotive company could bring to market a $10,000 electric vehicle before several major electric vehicle companies launch in the country.
What Happened: Tata Motors Limited ADR (NYSE: TTM) showed off its new electric vehicle that comes with a starting price of around $10,000.
Dow Jumps 300 Points; Crude Oil Rises Sharply
U.S. stocks traded higher this morning, with the Dow Jones gaining around 300 points on Wednesday.
He Bet Against Subprime Mortgages, Now John Paulson Is Bullish On Gold Stocks: 2 Gold Mining High Yielders He Owns
A Wall Street investor, who's his claim to fame was betting against subprime mortgages by using credit default swaps, appears to be bullish on equities in the gold sector.
US Stocks Mixed; Wholesale Inventories Increase 1.3% In August
U.S. stocks traded mixed this morning, with the Dow Jones gaining around 20 points on Wednesday.
US Stock Futures Down Ahead Of Fed Speakers, Economic Data
Pre-open movers
U.S. stock futures traded lower in early pre-market trade on Wednesday after closing mostly lower on Tuesday. The S&P 500 index dropped deeper into a bear market after hitting a fresh 2022 low. The S&P 500 is now down 24.3% from its record level in January, while the Dow is now 21.2% below its record high.
BTS Managing Agency Hybe’s Stock Slumps Below IPO Price For 1st Time — Loses $10B In Market Value Since Peak
Shares of Hybe Corporation, the managing agency for South Korean boy band BTS, plunged below the price of their initial public offering for the first time, extending a downturn that has erased roughly $10 billion from their peak.
Psychedelics Capital Markets: Silo Pharma’s IPO, $5M Common Stock Offering
Developmental-stage biopharma company Silo Pharma Inc. (NASDAQ: SILO) announced the pricing of an underwritten public offering of 1,000,000 shares of its common stock at $5.00 per share, to begin trading on NASDAQ on Tuesday, September 27, 2022 under trading symbol “SILO.”
Nasdaq Turns Higher; Crude Oil Rises Over 2%
U.S. stocks pared some losses toward the end of trading, with the Nasdaq Composite turning higher on Tuesday.