Tesla stock slumps as post-election 'Trump trade' shows signs of fatigue
The electric vehicle maker's stock started showing signs of overextension earlier this week after reaching a peak of $350. The stock had been on a tear in the days following Donald Trump's election ...
Musk's new gov. role raises corporate governance concerns
President-elect Donald Trump appointed Tesla ( TSLA) CEO Elon Musk as head of “Department of Government Efficiency,” alongside Vivek Ramaswamy — igniting a dialogue about the potential conflicts of ...
2 firm inflation prints just made the Fed's 2025 rate cut path a lot 'murkier'
Markets have quickly shifted over the past two months to reflect this sentiment. On Sept. 18, when the Fed slashed rates by half a percentage point, markets had projected the Fed would finish 2025 ...
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JPMorgan Sets Up Derivatives Development Unit in New India Hub
The US bank will pitch the products to clients in Asia-Pacific and Europe, in addition to providing support for the offerings developed from the Gujarat International Finance Tec-City, or GIFT City, ...
Factbox-US deals blocked by regulators or facing intense scrutiny
(Reuters) - Tapestry abandoned its $8.5 billion bid for Michael Kors owner Capri after a judge blocked it following a lawsuit by the U.S. Federal Trade Commission (FTC), in the latest regulatory ...