Tesla Inc. (NASDAQ: TSLA) sues California Department of Motor Vehicles (DMV) after the automaker dropped the term “Autopilot” from its marketing efforts amid the false advertising row. Tesla is unfoundedly labeled as a false advertiser, the court said Lawyers representing Elon Musk’s EV giant argue the agency has not proven there was confusion among customers […]
One way to increase demand for a product whose sales have been declining is to lower the price. Tesla Inc (NASDAQ: TSLA) will soon find out if this strategy is enough to save the Cybertruck’s collapsed sales, but CEO Elon Musk says the move won’t take long. Cybertruck goes on sale Tesla’s Cybertruck is currently […]
JPMorgan Chase & Co (NYSE:JPM) Stocks fell on Monday afternoon after investors dumped the financial sector amid a broad sell-off linked to rising concerns about private credit and AI-related credit risks. The wider State Street Financial SPDR ETF (NYSE:XLF) fell by more than 3%, with large banks and asset managers leading the declines. Here’s what […]
This week is packed with earnings reports from the world’s largest publicly traded company, several energy names, retailers, technology companies and more. Here’s a look at the earnings playbook for the week ahead: Monday February 23 Before the market opens: After market close: However, investor sentiment remains cautious due to the lawsuit Novo Nordisk AS […]
Ray Dalio said that lasting success and longevity come from meaningful work coupled with strong personal relationships that fuel continued growth and shared purpose. Passion and purpose drive performance in a message on Saturday X In addition to a video clip, Dalio emphasized that people achieve high performance when they pursue work they are passionate […]
The partial shutdown of the Department of Homeland Security is disrupting airport operations across the country, suspending expedited screening programs and exacerbating a bitter funding battle over immigration enforcement. TSA PreCheck, global access suspended DHS said it will temporarily suspend TSA PreCheck and Global Entry starting Sunday at 6 a.m. Eastern after lawmakers failed to […]
On Friday, famous economist Peter Schiff criticized US trade policy as president Donald Trump lashed out at the Supreme Court, unveiling a new 10% global rate after a major legal setback. Schiff returns to the ‘Ripping Off’ story Schiff took over X to challenge the long-standing claim that foreign nations are exploiting the US through […]
Bank of America (BofA) has committed $25 billion of its own resources to private credit investments, building on its current direct lending business. According to the Financial Times, the bank plans to source these transactions through its capital markets department, a unit within its investment banking arm. BofA also promoted Anand Melvani to head of […]
Tesla Inc (NASDAQ: TSLA) And SpaceX CEO Elon Musk is the richest person in the world by a significant margin. While some other billionaires have seen their wealth shrink by 2026, Musk is winning. Here’s how its net worth stacks up compared to the auto sector. Elon Musk’s net worth will increase in 2026 Musk’s […]
Amazon.com Inc. (NASDAQ:AMZN) founder Jeff Bezos-supported Slate Car has announced that it will reveal pricing for its affordable EV pickup in June. A blank slate with a price in the mid-$20,000s In a new after on the social media platform Instagram, the automaker’s official account shared a video with the company’s CEO on Thursday Chris […]