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Capital Expenditure (CapEx)

Definition of 'Capital Expenditure (CapEx)'

When companies update or acquire physical or tangible assets, funds are needed, often referred to as capital expenditure (CapEx). In some cases CapEx is used to embark upon new projects or make a corporate investment.

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Beijing has promised to build more charging facilities and filling stations for electricity- and hydrogen-powered cars. Photo: Reuters

Ford Stock Gains, Leading Carmakers Higher, As Biden Unveils EV Sales Targets

U.S. carmakers will pledge to boost EV sales to between 40% and 50% of their totals by 2030 during an event later today at the White House. Tesla, however, was not invited, says Elon Musk.

Etsy Opens Online Arts, Crafts Marketplace

Etsy Stock Plunges Post-Earnings on What Analysts Call ‘Disappointing’ Guidance

Etsy stock plunges after the online arts-and-crafts marketplace provides lower third-quarter revenue forecasts that disappoint both investors and analysts.

Tesla Lead

Electric Vehicle Checkpoint: Ford Gains Ground on Tesla

See the latest news for the top stocks in the electric vehicle space including NIO, General Motors, Lordstown Motors, Li Auto, and more.