Tesla's fourth-quarter earnings report wasn't what Wall Street expected. They made about $25. 71 billion, which was less than the predicted $27. 22 billion. This news caused their stock to drop by about 4%. The company's been facing tough competition from cheaper electric cars, especially from China
Stocks took a slight dip on Friday, marking a pause after hitting all-time highs the day before. The S&P 500 slipped by 0. 3%, while the Dow Jones and Nasdaq followed with similar drops. Bond market steadiness played a role, with concerns over inflation and U. S. debt affecting yields and stock pric
Investors are playing it safe as they wait for more details on President Trump's tariff plans. The Dow Jones Industrial Average slipped slightly on Friday, but it's still looking at a big gain for the week. Meanwhile, the S&P 500 and Nasdaq were barely moving. Business activity slowed in January, b
Well, it seems like Boeing is still facing a bumpy ride with its Starliner commercial crew program. In a recent press release, the company admitted it's bracing for some more financial hits. They're expecting to take a $400 million beating, along with some other programs like the VC-25B presidential
American Airlines recently announced its first-quarter earnings outlook, and it’s not what Wall Street was hoping for. The airline expects a bigger loss than expected, with a forecast of 20 to 40 cents per share, which is quite a bit more than the 4 cents analysts were bracing for. The reason? Lower
Stocks are soaring, with the S&P 500 reaching its highest point ever. This uptick follows a drop in the 10-year Treasury yield, which has been fueling the market's growth. However, on Wednesday, the yield slightly increased, going back up to 4. 6%. The dollar also hit a two-week low, causing some fr
The UFC 311 event in Inglewood, California, was a big night for many fighters, with 12 of them taking home hefty six-figure paychecks. Leading the pack was bantamweight champ Merab Dvalishvili, who earned a cool $500, 000. His opponent, Umar Nurmagomedov, wasn't left out either, pocketing $100, 000.
Get ready for a big change in the social media world! TikTok, the popular video app with over 170 million US users, is set to be shut down in the US next Sunday. This is happening because of a law passed by Congress back in April, which requires TikTok’s Chinese parent company, ByteDance, to sell it
This week, the earnings season begins with six major U. S. banks and a significant health insurer ready to share their results. Goldman Sachs, Wells Fargo, JPMorgan Chase, Citigroup, Morgan Stanley, and Bank of America are all set to report their fourth-quarter earnings. UnitedHealth, a key player i
Delta Air Lines is kicking off 2024 with high hopes, as they've just shared their first-quarter forecast. The airline expects to generate over $4 billion in free cash this year, which is an 18% increase from 2024. They're aiming for annual adjusted earnings of over $7. 35 per share, a significant ju
