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Tesla stock used to be a sure bet, but the automaker now finds itself in a precarious position as its stock falls. Since its peak in 2021 at $407, Tesla's shares have slid by approximately 60%. This decline makes it ...

Adidas has reported losses from the fallout from terminating its collaboration with Kanye West. The partnership ended after the rapper sparked controversy with anti-Semitic remarks on social media, halting the lucrative Yeezy trainer line and leaving the company burdened with ...

In a promising development for China's economy, the country's export sector exhibited robust growth in the first two months of 2024, defying expectations and signaling potential relief for policymakers working to revitalize the world's second-largest economy. Official data revealed that exports ...

The price of oil is notoriously volatile, but 2023 was relatively stable, starting and ending at $72.47 per barrel, after a peak of $89.19. This stability starkly contrasted with 2022's turbulent market, where prices soared to $114 from an opening ...

Novo Nordisk, the Danish pharmaceutical giant, surged to a new high in trading, marking an 8% increase in its shares. This ascent continues a trend seen over several months, driven by skyrocketing optimism surrounding weight-loss medications.Novo Nordisk's experimental weight-loss pill, ...

Germany's aviation giant Lufthansa faces turbulent times as ongoing strikes by its ground staff and airport workers threaten its earnings. The airline, encompassing Lufthansa, Austrian Airlines, and Eurowings, anticipates a substantial operating loss for the first quarter of 2024 due ...

Bitcoin has returned to all-time highs not seen since November 2021. This week, the world’s biggest digital currency surpassed its lifetime peak of $69,000 before retreating to $63,000. This surge from $25,000 in the last six months reflects enthusiasm over Bitcoin ...

In a groundbreaking move, the European Union has imposed a staggering $2 billion fine on Apple for violating competition regulations. This penalty marks the first of its kind on the US tech giant by the EU.Margrethe Vestager, the EU’s competition ...

The European Central Bank (ECB) is poised to maintain its interest rate levels in the upcoming week, adopting a cautious stance amidst fluctuating inflation rates and economic indicators within the eurozone. Following an aggressive phase of monetary tightening aimed at controlling ...

The U.S. Personal Consumption Expenditures (PCE) price index, excluding food and energy, rose by 0.4% in February, aligning with predictions and marking a 2.8% year-over-year increase. Overall, the broader PCE index increased by 0.3% month-over-month and 2.4% on an annual ...

Despite the steady increase in electric vehicle adoption, not every EV maker is performing well. In a significant downturn, electric vehicle manufacturers Rivian and Lucid saw their share values drop sharply following their fourth-quarter earnings reports, which revealed underwhelming performance ...

For investors seeking value outside of the household name large market cap stocks in the technology sector, biotech, integral to the development of groundbreakingmedical innovations, offers investors a blend of high reward potential and moderate risks. Focussing on the research, development, ...

Global stock markets have experienced a notable rally, significantly influenced by Nvidia's impressive recent earnings report. The wave of optimism wasn't confined to the technology sector; it spilled over into other areas of the domestic market and reached international shores ...

Chinese tech giant Xiaomi is making a bold move by venturing into the competitive electric vehicle (EV) market. The company aims to capture a niche of affluent consumers with its upcoming premium EV, leveraging its existing 20 million premium smartphone ...

Volvo Cars has announced a significant reduction in its stake in Polestar, the electric vehicle manufacturer. By planning to distribute 62.7% of its Polestar holdings to shareholders, Volvo aims to refocus its resources towards its own transformation in the evolving ...