Some high profile earnings beats by General Electric, Pepsico and Morgan Stanley helped counterbalance the hangover of Wednesday's big tech earnings misses.» Read More
CNBC's Phil LeBeau reports on Tesla's plans to open a "gigafactory" to build battery packs. The facility would make the powerful and pricey lithium-ion batteries that power its Model S.
Some of the names on the move ahead of the open.
Tesla CEO Elon Musk intends to build the world's largest battery factory that could shake up the power industry, reports CNBC's Phil LeBeau.
Tesla may be locating a massive Gigafactory in Texas for producing lithium-ion batteries and electric storage applications.
Check out which companies are making headlines after the bell Wednesday:
In today's top trade, Tesla announced a $1.6 billion convertible note offering to grow its business and begin making batteries. Ben Kallo, R.W. Baird, provides insight onto what is propelling the stock higher.
Tesla said Wednesday it is offering $1.6 billion in convertible senior notes in an underwritten registered public offering.
The automaker's stock added another 15 percent on Tuesday and Wednesday alone, and a massive options bet suggests that the party isn't over.
Take a look at some of Wednesday's midday movers:
There has been a lot of pain because many traders had been set up to be short stocks and Treasurys this year. That trade has not worked out.
First Solar and SolarCity may seem similar, but CNBC’s Jim Cramer highlights important differences between the two companies.
An dip on Wall Street overnight drove most Asian equities lower on early Wednesday.
*Battery' giga factory' for electric cars would be a first for U.S. *Plant due on-stream in 2017, key for next-generation Tesla car. Feb 26- Panasonic Corp is considering investing in a U.S. car battery plant planned by Tesla Motors Inc, sources familiar with the plan said on Wednesday, with total investment estimated by one source around 100 billion yen.
Morgan Stanley just increased its price target on a stock already trading at a huge multiple. Hmmmm?
Stocks rose Tuesday as earnings from Home Depot deflected a dip in consumer confidence.
Feb 26- Panasonic Corp is inviting a number of Japanese materials suppliers to join it in investing in a U.S. car battery plant that it plans to build with Tesla Motors Inc, with investment expected to reach more than 100 billion yen, the Nikkei reported.
The stock market has split into two camps right now, CNBC's Jim Cramer said Tuesday. He breaks down the difference between them.
WASHINGTON, Feb 25- U.S. electric luxury car Tesla Model S was named by Consumer Reports magazine on Tuesday as its overall top pick for 2014, while Japanese models took just five of the top 10 spots, their worst showing in the 18- year history of the annual rankings.
Some of Tuesday's midday movers:
Discussing the data of Consumer Reports' top auto brands survey, including Ford's poor ranking, with Dave Whiston, Morningstar senior equity analyst.