Stock Market News for Apr 27, 2021

This fuelled fears of inflation as commodities comprise a huge portion of costs for consumer staple products.

Even before the latest wave of legalization, Zacks Investment Research has recommended pot stocks that have shot up as high as +285.9%.

Shares eased from record peaks on Tuesday as optimism about a global economic recovery was dented by caution before a policy decision by the Federal Reserve and earnings updates from a number of blue-chip companies.

equity benchmarks opened mostly higher Tuesday, one day after setting a pair of records and on the second day of the busiest week for corporate earnings reports.

Dubbed Ion Park, , the center will house a 150-person team of experts to research and develop new battery tech as it takes steps to bring production in-house.

It’s odd to see a retailer that prides itself on low prices fetching a four-figure stock price, but here we are.

Company executives declined to provide a timeline on when Ford might scale its battery manufacturing, but it is clear that the company intends this facility to lay the groundwork for such a future.

DETROIT -Ford Motor Co on Tuesday took a fresh step toward taking control of electric vehicle battery design and production, saying it would establish a southeast Michigan center to research and build prototype lithium ion and solid-state cells.

NEW YORK/TOKYO -Ethereum, the world’s second largest cryptocurrency in terms of market capitalization, rose to an all-time peak on Tuesday, with market participants citing media reports about the European Investment Bank’s plans to launch a “digital bond” sale on the ethereum blockchain network.

judge on Monday found that Huawei did not violate a court order by sharing certain information with its chief financial officer, who is using it to help fight her extradition from Canada.

Chinese property developers have turned their sights to Hong Kong’s border districts as mainlanders from neighbouring boomtown Shenzhen consider parts of the former British colony as a more affordable long-term housing prospect.

CN , Canada’s biggest railroad, made an unsolicited $30 billion bid for KCS on Tuesday, topping CP’s agreed $25 billion bid, but CP said last week it was not considering raising its offer.

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