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Tesla Stocks Extends Losses, Declines 5% Despite Broader Market Rally
Tesla stock declined more than 5% Tuesday, despite the broader market rallying on upbeat November inflation data. Shares of the electric vehicle maker traded around $162, and have shed 55%…
By Rochdi RaisLatest news
FTX’s Sam Bankman-Fried Faces 8 Criminal Charges
US federal prosecutors in New York have charged former FTX CEO Sam Bankman-Fried with eight criminal charges, including…
By Rochdi RaisBiggest Market Movers Midday: Moderna, Pfizer, United Airlines and More
Here are the biggest market movers midday. Moderna – The drugmaker saw its stock soar more than 22%…
By Rochdi RaisElon Musk Is No Longer the Richest Man In The World
Tesla CEO Elon Musk is no longer the wealthiest person in the world. He dropped that title to…
By Rochdi Rais$10 Billion Opioid Crisis Case Against CVS, Walgreens to be Finalized
Pharmacies CVS and Walgreens have recently found themselves at the wrong end of a major lawsuit in 2022.…
By Sierra RastModerna Stock Soars 24% Following Promising Results From a Cancer Treatment Trial
Shares of Moderna skyrocketed more than 24% on Tuesday after the company announced mouth-watering results from a cancer…
By Rochdi RaisTesla Will Face More Pressure From Activist Investors, According to Wedbush Analyst Dan Ives
Tesla and Elon Musk could see increased pressure from activist investors in 2023, according to a Monday note…
By Rochdi RaisUK Calls for “Urgent International Action” After Near-Implosion of UK Pension Funds
The Bank of England on Tuesday called for “urgent international action” from regulators on non-bank financial institutions after…
By Rochdi RaisBinance Halts Withdrawals As the FTX Implosion Continues To Weigh Down on Crypto Market
Binance, the world’s largest cryptocurrency exchange, said Tuesday it is halting withdrawals of the stablecoin USDC while it…
By Rochdi RaisStocks Soar As Investors Cheer the November Consumer Price Index Reading
US stocks climbed Tuesday as investors were motivated by the November Consumer Price Index reading, which showed headline…
By Rochdi RaisThe Fed Won’t Pivot From Its Monetary Tightening ,According to Former Treasury Secretary Jacob Lew
Do not expect the Federal Reserve to ease its monetary policy on signs of cooling inflation. That’s according…
By Rochdi Rais
