Nvidiais slated to report its third-quarter results for fiscal 2022 after the market close on Wednesday, Nov. 17.Investors in the graphics chip specialist are probably feeling optimistic about the report. The company has beaten Wall Street's consensus earnings estimate in at least the past five consecutive quarters. Moreover, many investors are enthused about the company's potential to be one of the major players in the emerging metaverse, a "highly immersive virtual world where people gather t
Tesla shares rose nearly 2% in premarket trading.A subsidiary of Tesla has been approved by the State of Texas to operate as a Retail Electric Provider.REPs are companies that purchase electricity from the Electric Reliability Council of Texas’ wholesale market from generators and sell it to consumers in places where a competitive market exists. Some of the largest in the state include TXU Energy and Reliant Energy. Some places, such as Austin and San Antonio, have municipality-owned power provi
Tesla (NASDAQ:TSLA) reported quarterly earnings of $1.86 per share which beat the analyst consensus estimate of $1.57 by 18.47 percent. This is a 144.74 percent increase over earnings of $0.76 per share from the same
Nio stock rose nearly 2% in premarket trading as it would double capacity of Hefei plant to 240,000 vehicles a year.Chinese electric vehicle maker Nio Inc said it would double the capacity of its Hefei plant to 240,000 vehicles a year, up from 120,000 units.The factory, in the eastern Chinese city of Hefei, can make sedan and sport-utility vehicle models. After the expansion, with extra operating shifts, the plant will be able to make up to 300,000 cars a year, it told Reuters.Nio will finish th