Tesla's stock has been on a downward spiral, with shares dropping 7% in a single day. This decline is part of a larger trend, with the stock now 53% below its peak from mid-December. The company is facing a mix of new and ongoing challenges that are contributing to this slide. One of the new issues
The tech firm Strategy is making waves in the cryptocurrency world. It recently spent $10. 7 million on Bitcoin. This purchase came just a week after the company announced plans to issue up to $21 billion in preferred stock. The goal? To buy even more Bitcoin. Strategy has been on a Bitcoin buying
The world of finance is getting more complicated by the day. This makes it hard to predict stock movements and spot unusual data. These tasks are super important for managing risks in the market. But current methods struggle with the tricky relationships between different stocks and spotting anomali
The finance world is at a turning point with artificial intelligence. AI has been a part of finance for a long time. It started with credit scores and fraud detection in the 1980s. Since then, it has grown with machine learning and AI-powered FinTech. Today, AI is used for financial modeling, r
The latest data from the Commerce Department revealed that retail sales in the US saw a modest increase in February. This uptick was smaller than what analysts had predicted, raising questions about the strength of consumer spending. This is crucial because consumer spending is a major driver of the
Bitcoin is a type of digital money that isn't controlled by any government or bank. It's designed to be scarce, with only 21 million coins ever available. This makes it appealing as a way to protect against the devaluation of traditional currencies. Countries and big investors are starting to take n
The Trump administration is trying to stop a financial crisis. They think it could happen because the government has been spending too much money for a long time. The Treasury Secretary, Scott Bessent, said this on a TV show. He thinks that if they keep spending like this, it will be a big problem.
Larry Fink, a prominent figure in the investment world, recently shared his thoughts on how nationalistic policies in the US could affect inflation. He believes that these policies, such as deporting workers, could lead to higher prices in the coming months. This isn't just about economics; it's abo
In the ever-changing world of investments, a well-known investor has made some bold moves. This investor has shifted focus away from Tesla and Bitcoin. Instead, he is now looking at Nvidia, JPMorgan, and Meta Platforms. This shift comes at a time when the market is experiencing a downturn. The i
Student loan borrowers are facing a tough time right now. The Education Department has pulled down applications for income-driven repayment plans. This change has left many people confused and worried, especially those who have lost their jobs. These plans are supposed to make monthly payments more
