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Two days ago, the Palestinian militant group Hamas launched a full-scale attack on Israel from the Gaza Strip. Since then, a full-scale conflict has escalated with many civilian casualties.
Electric vehicle (EV) stocks, such as Tesla (NASDAQ: TSLA ), Rivian (NASDAQ: RIVN ), Lucid (NASDAQ: LCID ), Mullen Automotive (NASDAQ: MULN ) and Nio (NYSE: NIO ), are all in the red today. On a general basis, both the S&P 500 and Nasdaq 100 kicked off this week in the red following the events of the Israel-Hamas conflict, which in turn affected these five EV stocks.
It has largely been a great year for tech and EV stocks, thanks to the frenzy in artificial intelligence. Also helping matters is the fact that gas prices continue to rise, fueling demand for hybrid and electric vehicles.
Last night, millions of Americans got the update they'd been waiting for when former President Donald Trump's mugshot went viral. The now-iconic photo from Georgia's Fulton County Jail is dominating the airwaves.
When the Financial Industry Regulatory Authority (FINRA) halted trading of MMTLP in December 2022, it led to a massive outcry. In their final trading days, the preferred shares of Meta Materials (NASDAQ: MMAT ) surged.
Recently reported results of several electric vehicle (EV) makers indicated that EV sales have been resilient so far this year, despite persistent macroeconomic challenges. Government incentives and price cuts by most EV makers have driven higher volumes.
Don't prematurely assume that Mullen Automotive (NASDAQ: MULN ) stock is headed for the market's junkyard. The electric vehicle manufacturer is striking back at the critics and even some of the MULN stock short sellers, so a turnaround may be imminent.
Conflicting reports about oil demand in the coming decades
There's a new electric vehicle (EV) exchange-traded fund (ETF) grabbing the eyes of investors everywhere: the Defiance Pure Electric Vehicle ETF (NYSEMKT: EVXX ). What do you need to know about the latest electric-powered EV fund?
U Power (NASDAQ: UCAR ) stock is continuing a rally Friday that started yesterday when it announced an agreement with Quantum Solutions. This saw the Chinese vehicle sourcing services provider enter into a framework strategic cooperation agreement with Quantum Solutions.