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European energy storage: a new multi-billion-dollar asset class

A burst of profit-taking and economic jitters knocked U.S. and world stocks off their record-high perches on Tuesday as investors digested the ongoing political gridlock in the U.S. and France, while gold futures reached the landmark $4,000 an ounce level

European energy storage: a new multi-billion-dollar asset class

Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 3.3% in the afternoon session after the company unveiled a more affordable, stripped-down version of its Model Y, which disappointed investors who had hoped for an entirely new vehicle.

European energy storage: a new multi-billion-dollar asset class

Gold edged closer to $4,000 an ounce, extending a rally fueled by the US government shutdown and the political crisis in France.Traders are still pricing in a quarter-point cut this month, which should benefit gold as it doesn't pay interest. However, Cit

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