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StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
California Asks EV Owners to Limit Charging as Heat Wave Tests Power Grid
September 2, 2022 2:52 PM EDTJust a week after approving a plan to ban the sale of new gasoline cars, California asked electric vehicle owners this week to limit when they plugged in to charge.
The California Independent System Operator, which manages the states power grid, sent a Flex Alert asking all residents to voluntarily reduce their electricity use between 4 p.m. and 9 p.m. on Wednesday and Thursday and warned that more alerts were possible through the Labor Day weekend.
The alert was sent out as temperatures are expected to reach triple digits in many parts of the state. High... More
Insurance Company Admits it Staged Tesla (TSLA) Fire During Crash Test
September 2, 2022 2:12 PM EDTA video of a crash test posted by the Swiss Auto Trade Association shows a yellow Tesla (NASDAQ: TSLA) racing towards an obstacle and then flipping over, landing upside down on its roof. Moments later, a pop erupts from the engine and the front half of the car bursts into flames.
The insurance... More
California Passes Bill Targeting Tesla’s (TSLA) Full Self-Driving Program
August 31, 2022 3:50 PM EDTA bill targeting Teslas (NASDAQ: TSLA) depiction of its Full Self-Driving (FSD) program passed the California state Senate on Tuesday night and now heads to Gov. Gavin Newsom for his signature.
The electric vehicle leader has been marketing its FSD option since 2016. State legislators believe that a reasonable person might infer by the name that the software package enables a car to drive itself, fully. It does not.
No car available for consumers to buy is capable of full self-driving. The California Department of Motor Vehicles (DMV) has rules on its... More
