stocktrader

EV giant Tesla Inc. (NASDAQ:TSLA) has faced a fresh setback as the National Highway Traffic Safety Administration announced on Thursday that the company is recalling over 125,000 vehicles due to a malfunction in the seat belt warning system. This news adds to a series of challenges the company has encountered in recent times, including efforts… Continue reading Why Tesla’s stock will find it difficult to trade above $200 again?

CrowdStrike Holdings Inc (NASDAQ: CRWD) opened about 4.0% up on Friday after announcing two new partnership – one with Cloudflare Inc (NYSE: NET) and the other with eSentire. Details of CrowdStrike-Cloudflare partnership The cybersecurity firm teamed up with $NET this morning to secure networks and power the AI-native SOC. Together, the two cybersecurity firms will… Continue reading CrowdStrike just announced two big partnerships: find out more

U.S. stocks are in focus today after the Bureau of Economic Analysis said the core personal consumption expenditures price index was in line with expectations in April. S&P 500 outlook after PCE inflation data For the month, Fed’s preferred inflation gauge came in up 0.2% down from 0.3% in March. The inflation data bodes well… Continue reading U.S. PCE data today: does S&P 500 have any upside left?

Nio (NYSE: NIO) stock price has staged a strong recovery in the past few weeks as some investors start buying the dip. It has soared to $5.5, up by almost 50% from its lowest point this year. This rebound is in sync with other EV companies like XPeng, Tesla, and Lucid Group. Nio faces major… Continue reading Has the Nio stock price bottomed? June 6th will be key

Nio Inc (NYSE: NIO) is up 10% at writing after announcing a new partnership with IM Motors to “interconnect their charging networks”. $NIO is quickly growing its battery swap alliance Note that IM Motors is the electric vehicles unit of the Chinese state-owned SAIC Motor Corp. Its users will now be able to use the… Continue reading Nio partners with SAIC Motor on EV charging

American Superconductor Corporation (NASDAQ:AMSC) reported impressive fourth-quarter results after market closing yesterday following which the stock opened strong today and at one point in time was trading up over 30%. The company posted a non-GAAP EPS of $0.05, beating estimates by $0.07. Additionally, its revenue soared to $42.02 million, surpassing expectations by $4.89 million. Revenue… Continue reading American Superconductor stock surges on Q4 earnings beat: Is it time to buy?