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26.01 / 01:31

markets COST Reuters Tesla Trade reports Headlines elon Tesla stocks plunge 12%, erasing $80 billion in valuation after Elon Musk warns sales slowdown despite price cuts

Elon Musk hinted slowdown in sales this year despite price cuts that have already hurt margins at the world's most valuable automaker and fueled investor concerns about soft demand and Chinese competition, according to a Reuters report. Tesla's stock suffered its sharpest intraday percentage loss in more than a year, with $80 billion in market value wiped out on January 25. That pushed its market capitalization loss for the month to about $210 billion.

26.01 / 01:31

markets UPS Entertainment Analysis show reports Vaccines Data recap: Market slump, Zee-Sony deal, Ram temple

Mint reported. If it turns out to be true, it will be higher than the expected growth of 8.9% in the current financial year, as per the first advance estimates. While the Budget had assumed 10.5% growth rate for 2023-24, new estimates suggest a slower growth, particularly on account of low wholesale price inflation.

26.01 / 00:57

Blockchain Target Digital Aware security reports Customer E-rupee push: RBI Looks to tokenise government securities, customer deposits

Reserve Bank of India (RBI) is evaluating tokenising assets such as government bonds and customer deposits to expand the usage of its digital currency, two bankers aware of the developments told ET. Investors would be able to purchase government securities and other bonds using digital currency in their wallets.

26.01 / 00:03

markets Target Software track exclusive reports rights FTC launches inquiry into artificial intelligence deals such as Microsoft's OpenAI partnership

fascination with AI advancements. As part of the deal, the Redmond, Washington software giant would supply computing power — such as from one of its data centers in rural Iowa — needed to train the AI models on huge troves of human-written texts and other media. In turn, Microsoft would get exclusive to rights to much of what OpenAI built, enabling the technology to be infused into a variety of Microsoft products.

25.01 / 22:21

markets UPS CEO Comerica reports Client assets in cash products ended 2023 at twice the normal level: Ameriprise

The stock market has been surging this year, but investors had started out 2024 with a lot of money in cash products, Ameriprise executives said during the firm’s earnings call Thursday.

25.01 / 21:35

President band stage song rock reports The Smiths guitarist Johnny Marr asks Donald Trump to put a stop to usage of their songs at rallies

Johnny Marr of The Smiths, the rock band, has made strong objections to their music being played at the events of the campaign of the former US President Donald Trump. The footage of the hit song «Please, Please, Please Let Me Get What I Want» by The Smiths, became viral from the year 1984, and was played at a Trump rally in South Dakota in the past year.

25.01 / 21:25

markets UPS DOW economy Tesla reports Stock Market Today: S&P 500 rides strong GDP data to fifth record close in a row

Investing.com — The S&P 500 closed at record levels for the fifth-straight session Thursday as investors mulled mostly upbeat corporate earnings, while stronger-than-expected economic growth and slowing inflation bolstered expectations for a soft landing, pushing Treasury yields lower.

25.01 / 21:25

UPS CEO Trade reports T-Mobile slides on mixed earnings and outlook

Shares of T-Mobile (TMUS) fell 2.3% in after-hours trading Thursday after the wireless network operator reported Q4 2023 results.

25.01 / 21:25

UPS CEO trends show reports LVMH grows sales as luxury shoppers show resilience

By Mimosa Spencer

25.01 / 21:19

COST UPS FIVE Reuters reports International IKEA Canada to cut prices on more than 1K items. Here’s what you could save

IKEA Canada plans to cut prices on more than 1,000 products this year as part of a “multi-million-dollar” investment in the business in the midst of growing cost of living concerns for Canadians.

25.01 / 21:19

COST UPS economy Election pandemic show reports U.S. GDP unexpectedly grew by 3.3% last quarter. What this means for the Fed

The nation’s economy grew at an unexpectedly brisk 3.3 per cent annual pace from October through December as Americans showed a continued willingness to spend freely despite high interest rates and price levels that have frustrated many households.

25.01 / 20:21

Digital economy performer country reports ASER and India’s demographic dividend: Is a new generation ready for the future?

The seventy-fifth Republic Day is a good occasion on which to reflect on our future outlook as a nation. The 21st century is India’s century, some say. There are aspirations that by 2050, when India celebrates its 100th Republic Day, it will be one of the largest economies in the world and a developed country in per- capita income terms.

25.01 / 19:56

UPS Fighting Election President reports Courts South Carolina GOP governor blasts labor unions while touting economic growth in annual address

The Republican governor of South Carolina has had harsh words for labor unions in a major address

25.01 / 19:55

markets CEO Research Trade reports politician International Italy's premier slams Stellantis over reduced Italian footprint since Peugeot-FiatChrysler tie-up

Italian Premier Giorgia Meloni is slamming carmaker Stellantis, accusing it of weakening Italy’s industrial footprint since the merger of FiatChrysler and Peugeot that created the world’s fourth largest auto maker

25.01 / 19:55

markets UPS Waves Tesla Trade reports Tesla's stock slides after profits come up short and EV maker warns of slowing growth in 2024

Shares of Tesla are tumbling at the opening bell as the electric vehicle, solar panel and battery maker warns investors of slower sales growth this year after posting fourth-quarter profits that were weaker than most had expected

25.01 / 19:55

markets COST UPS track reports Average long-term US mortgage rate rises to 6.69%, highest level in six weeks

The average long-term U.S. mortgage rate climbed to a six-week high this week, pushing up borrowing costs for homebuyers already facing affordability challenges due to rising housing prices and a shortage of homes for sale

25.01 / 19:55

COST UPS CEO shootings reports Nokia Nokia sales and profit drop as economic challenges lead to cutback on 5G investment

Nokia has reported a double-digit decline in sales and a fall in profit in the last three months of 2023

25.01 / 19:55

Provident security Enterprise Actor information reports HP Enterprise discloses hack by suspected state-backed Russian hackers

Hewlett Packard Enterprise says suspected state-backed Russian hackers broke into its email system and stole data from cybersecurity and other employees

25.01 / 19:55

COST UPS economy Election pandemic show reports US economy grew at a surprisingly strong 3.3% pace last quarter

The nation’s economy grew at an unexpectedly brisk 3.3% annual pace from October through December as Americans showed a continued willingness to spend freely despite high interest rates and price levels that have frustrated many households

25.01 / 19:55

Citi MET Election President 2020 reports travelers Biden returns to a deteriorating Wisconsin bridge to announce $5 billion for infrastructure projects

President Joe Biden has returned to the swing state of Wisconsin to announce $5 billion in federal money for upgrading the Blatnik Bridge and for dozens of similar infrastructure projects nationwide

25.01 / 19:55

Man Death show hospital 2020 reports Courts Man convicted of murder for arson attack at Japanese anime studio that killed 36

A Japanese court has sentenced a man to death after finding him guilty of murder and other crimes over an arson attack on an anime studio in Kyoto that killed 36 people

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