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- S&P 500 volatile in choppy trading; Mideast deal, SpaceX debut in focus
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Oil falls to near two-month lows as Trump calls off threatened strikes on Iran
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Wall St set to gain on tech rebound, Middle East in focus
Tesla (TSLA) expects to lose tax credit on standard Model 3
March 23, 2023 7:53 AM EDTElectrek reports Thursday, citing people familiar with the matter, that Tesla (NASDAQ: TSLA) told employees they expect to lose the full $7,500 federal tax credit on their cheapest electric car, the Model 3 Standard range.
The communication to employees appears to have been done to prepare buyers of those vehicles,... More
Baidu’s (BIDU) Apollo gains approval to test autonomous vehicles in Shanghai
March 22, 2023 2:00 PM EDTApollo, Baidus (NASDAQ: BIDU) smart car business, announced Wednesday that the Chinese tech giant has received approval to be among the first companies to test fully autonomous vehicles in Shanghai.
Apollo currently operates driverless robotaxi services in specially designated areas of... More
BTIG Explains Market Action During March Volatility Option Expiry Events
March 22, 2023 10:43 AM EDTBTIG Explains What Has Happened During Other March VIX Expiry Events.
BTIG analyst Jonathan Krinsky comments "While all eyes are obviously, and rightly, on the FOMC today, its worth noting that the VIX had a monthly (March) expiration this morning. Focus on expiration is usually for options on Fridays, but when looking at VIX expirations (Wednesdays), they have often... More
VW aiming for 3M small EVs produced in Spain between 2025-2030
March 22, 2023 8:48 AM EDTWayne Griffiths, the chairman of Volkswagen's Spanish unit SEAT, said on Wednesday that the German carmaker plans to produce 3 million small electric vehicles at its two plants in Spain between 2025 and 2030.
Griffiths said in a news conference that SEAT aims to assemble 500,000 electric cars a year in the... More
