News

Consumer stocks were higher late Wednesday afternoon, with the State Street Consumer Staples Select

Shares of Nio (NYSE:NIO) are up 10% in midday trading Wednesday, lifting the stock to $5.75 from a prior close of $5.26. The pop snaps a rough stretch after a recent slide of 15% over the past month. The catalyst is product-driven. Nio’s flagship ES9 executive SUV began customer deliveries today, alongside a high-profile brand ... NIO Is Up 9% Today: Is It Outperforming Other EV Stocks Like Tesla and Rivian?

Micron Technologies and SK Hynix joined the trillion-dollar club, which includes Apple, Meta and Tesla.

Investing.com -- A merger between Elon Musk's space exploration company SpaceX and his EV giant Tesla Inc. is inevitable and only a question of timing, according to early SpaceX investor Peter Diamandis.

European auto sales rose 7% in April as EV demand accelerated and Tesla, BYD, Geely and Chery expanded market share.

The Chinese EV maker still has plenty of irons in the fire.

(Bloomberg) -- A post-IPO merger between SpaceX and Tesla Inc. is inevitable and only a question of timing, because Elon Musk will want to consolidate control across his companies, according to early SpaceX investor Peter Diamandis.Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermPutin Signs Law on Use of Army to Aid Russians Detained AbroadRussia Tells US to Evacuate Its Diplomats and Citizens From Kyi

Public opposition is soaring even before AI is a net job killer. Elon Musk and other tech leaders are proposing safety net changes and AI token taxes to head off more-radical ideas.

Scott Melker discusses a massive $1.29 billion dark pool trade of BlackRock's bitcoin ETF, Donald Trump's endorsement of the CFTC regulating crypto prediction markets, Tom Lee's BitMine executing its largest ethereum purchase of the year, and other big crypto headlines of the day. “The Daily Wolf with Scott Melker” airs on Yahoo Finance every day at 12:00 p.m. Tune in for your daily dose of all things crypto.Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Scott Melker discusses the $1.29 billion dark pool trade on BlackRock's iShares Bitcoin Trust ETF (IBIT) amid outflows. “The Daily Wolf with Scott Melker” airs on Yahoo Finance every day at 12:00 p.m. Tune in for your daily dose of all things crypto.Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

After two big down years, Tesla has easy comparisons in Europe. But up is up. Tesla stock is nearing a buy point.

Laffont's fund, Coatue Management, eliminated or reduced several of its notable tech and artificial intelligence positions in the first quarter of the year.

Electric and hybrid demand helped lift April car registrations across the EU.

Tesla Sees Explosive Europe Growth as EV Registrations Jump 38%

Here’s a prediction worth marking on the calendar: Tesla (NASDAQ:TSLA) CEO Elon Musk will become the world’s first trillionaire on June 12, the reported IPO date for SpaceX. The catalyst is easy to figure out: SpaceX’s public debut will, for the first time, place a continuously quoted market value on the largest single component of ... Prediction: Elon Musk Will Become the World’s First Trillionaire on June 12th

More diversified companies are expected to adopt Bitcoin as part of treasury diversification and fiat currency hedging strategies, Grayscale’s Head of Research says.

It is becoming easier to get into the $1 trillion market-cap club. SK Hynix and Micron Technology now belong because of the demand for memory chips. SK Hynix’s 12-month stock price jump reached 1000%. The two joined Samsung, which was recently added to the list. The $1 trillion plus list has 14 members. (The club ... 14 Companies Now Worth Over $1 Trillion

Stock Market Today: The Dow Jones index rose Wednesday as oil prices continued to tumble. Micron stock surged in premarket trading.

Tesla (NASDAQ:TSLA) is dominating every financial feed again after a 15.22% one-month rip back to $433.59, fueled by the same robotaxi and Optimus narrative that has powered the stock for years. But here’s what you should actually be watching. The Tesla Story Has a Quality Problem Tesla trades at a trailing P/E of roughly 391 ... Forget Tesla: This Cash-Rich Automotive Underdog Is A Value Buy

According to data from the European Automobile Manufacturers’ Association, Tesla sold 9,169 cars in the European Union in April, up from 5,483 units in the same period a year ago.

Green Rain Energy Holdings, Inc. is evaluating a blockchain-enabled framework to advance electric vehicle (EV) infrastructure, aiming to expand scalable and clean energy projects through innovative financing strategies. The company is considering blockchain technology and fractional economic interests in EV charging networks, potentially enhancing transparency, revenue management, and underutilized charger monetization. This approach might support decentralized EV charging networks and...

Robotaxis may soon be a $10 trillion business.

The technical Wall Street term for investors short-selling space stocks right now is “getting your face ripped off.” Shares of commercial space companies are on fire lately. Coming into Wednesday trading, shares of Rocket Lab and AST SpaceMobile to name two, were up 74% and 55%, respectively, over the past month, leaving them both up more than 380% over the past 12 months.

Helping were sales data from Europe that showed Tesla sold 10,654 cars in April, up 46.5% year over year. It’s been a strong year for European EV sales, amid higher oil prices. In 2025, Tesla sold 238,656 vehicles in Europe, down 26.9% year over year.

Musk fueled excitement by calling for a “major base on the Moon” and calling lunar and Martian colonies SpaceX’s “prime directive.”

Grayscale says SpaceX will be the largest diversified public Bitcoin holder after its June IPO with 18,712 BTC.

In the EU alone, sales grew over 67%, a sign that Elon Musk’s EV maker continues to regain momentum in the region after a slump stretching more than a year.

In the EU alone, sales grew over 67%, a sign that Elon Musk’s EV maker continues to regain momentum in the region after a slump stretching more than a year.

Investor Ross Gerber thinks that the Iran war has had a positive impact on Tesla Inc. (NASDAQ:TSLA) sales as gas prices reach new highs, prompting an EV shift. Tesla Sales Have ‘Bottomed’ In a post on X, the Gerber Kawasaki co-founder said that the EV giant’s sales have “bottomed” and were “looking better.” He pointed to high fuel costs as one of the reasons. “High gas prices work their magic,” he said, adding that customers wanted “the best EVs despite the dissonance.” Read Also: Tesla Sales Re

Surging demand for the memory chipmaker's AI products has sent its stock soaring. But a rally this steep doesn't come without risk.