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Tesla’s stock took an 8% dive on Tuesday, dragging its market capitalization below the $1 trillion mark for the first time since November. The sharp decline followed data showing Tesla’s European sales collapsed by 45% in January, a stark contrast to ...

US stocks tumbled after Walmart, the world’s biggest retailer, warned that 2025 could be a rough ride. The company expects sales growth to slow as consumers pull back, raising concerns that spending—the backbone of the US economy—may be running out ...

Bitcoin prices have fallen below $90,000 as broader market weakness dragged on crypto sentiment. The leading cryptocurrency dropped 5% to $89,122, hitting an intraday low of $87,736, according to Coin Metrics. With this latest decline, Bitcoin now sits nearly 20% below ...

Berkshire Hathaway ended 2024 with a major surge in operating earnings, driven by a stellar performance in insurance, while its cash reserves swelled to a record-breaking $334.2 billion. The conglomerate, led by Warren Buffett, saw operating profit jump 71% in the ...

Rivian Automotive, the upstart US electric vehicle maker, saw its stock dip 3% in premarket trading on Friday, despite delivering its strongest quarter yet. The automaker reported record Q4 revenue, driven by robust regulatory credit sales and an uptick in ...

Alibaba shares soared in premarket trading after the Chinese tech giant reported a robust quarterly profit fueled by strong performance in its Cloud Intelligence unit and e-commerce operations. Net income surged to $6.72 billion for the December quarter, surpassing analyst expectations ...

The UK’s inflation rate surged to 3% in January, exceeding analyst forecasts of 2.8%, as reported by the Office for National Statistics. Core inflation, stripping out energy, food, alcohol, and tobacco, climbed to 3.7%, up from 3.2% in December. The increase ...

Malaysia’s economy grew 5.1% in 2024, driven by strong investment and household spending, despite a slowdown in the commodities sector. The country’s central bank reported that GDP expanded by 5% in the fourth quarter, slightly lower than the 5.3% growth ...

Arm Holdings, the British chip designer known for licensing its processor architecture to companies like Apple, Nvidia, and Qualcomm, is reportedly set to manufacture its own chips in 2025. This shift is a major pivot from its traditional business model ...

The European Commission has wasted no time in responding to the latest trade policy shift from Washington, vowing swift and firm action against the newly announced US reciprocal tariffs. The US move, which the EU executive described as unjustified, marks ...

Cryptocurrency scams reached unprecedented levels in 2024, with initial estimates placing fraudulent activity at $9.9 billion. Chainalysis, the blockchain analytics firm, believes the final figure is expected to climb to a record $12.4 billion as more fraudulent wallets are identified. ...

China’s leading EV battery manufacturer, Contemporary Amperex Technology (CATL), is gearing up for a major listing in Hong Kong, targeting at least $5 billion in fresh capital. After raising $6.7 billion in Shenzhen in 2022, this marks its second public ...

Chocolate lovers are feeling the pinch as cocoa prices skyrocket, with the commodity reaching an all-time high of $12,646 per metric ton in December. A combination of extreme weather conditions and the cocoa swollen shoot virus has disrupted supply in ...

Amazon delivered better-than-expected fourth-quarter earnings, but its weaker guidance sent investors scrambling. The stock slid over 4% in extended trading, even after a 9% year-to-date gain and a massive 44% rally in 2024. The e-commerce and cloud giant is facing ...

Crude oil prices tumbled to their lowest levels of the year, weighed down by renewed concerns over weakening demand and escalating trade tensions between the US and China. Investors remain wary as China announced a 10% tariff on US crude oil ...