E-commerce companies experienced a slowdown in their businesses in 2022 following the pandemic boost they received in the previous two years. The poor fundamental performance impacted their stock prices.
Many of the big techs have announced the elimination of thousands of positions as they grapple with shrinking toplines. The latest tech titan to join the league was Alphabet, Inc.
The electric vehicle space saw mixed sentiment in the week ended Jan. 20, with technical moves lifting some EV stocks, while the broader market volatility weighed on most others.
Now, here are the key events that happened in the EV space during the week:
During a panel at the World Economic Forum in Davos, Switzerland, Chris Cox, chief product officer at Meta Platforms Inc (NASDAQ: META), said the metaverse will one day becom
The F-150 Lightning electric pickup truck from Ford Motor Company (NYSE: F) has become one of the bestselling electric vehicles in a short amount of time.
Federal Reserve Bank of New York President John Williams is anticipating more rate hikes ahead and sees signs that price rise pressures might be starting to cool off.