A Stifel analyst says legacy carmakers don’t have the EV know-how to adequately compete with Tesla.
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The Federal Communications Commission (FCC) seal hangs inside a meeting room at the headquarters ahead of a open commission meeting...
The interest rate outlook will come back into focus next week with key inflation data and Federal Reserve meeting minutes...
Elon Musk's business empire is sprawling. It includes electric vehicle maker Tesla, social media company X, artificial intelligence startup xAI,...
Anadolu | Anadolu | Getty ImagesAmazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial...
The United States' fruit and vegetable production, as well as the number of farms in the country, has been declining...
China is panicking:
Last week ALONE, China ETFs saw $2 billion of outflows, marking the largest weekly outflow in history.
Despite deploying pandemic-like stimulus, recent data suggests that China's economy is WORSENING.
Is China entering an economic depression?
(a thread)
BREAKING: Retail investors bought ~$42 million worth of MicroStrategy stock, $MSTR, on Wednesday, marking the largest daily retail buy on record.
This is ~8 TIMES higher than the daily average seen in October.
In total this week retail has bought a MASSIVE ~$87 million of the… https://x.com/i/web/status/1859968078571802745
China is panicking:
Last week ALONE, China ETFs saw $2 billion of outflows, marking the largest weekly outflow in history.
Despite deploying pandemic-like stimulus, recent data suggests that China's economy is WORSENING.
Is China entering an economic depression?
(a thread)
US credit rejection rates are spiking:
The average rejection rate for credit hit 22.9% in October, the most in at least 11 years according to the Fed credit access survey.
Meanwhile, the credit card rejection rate rose to 20%, the highest since 2014.
Credit card limit increase… https://x.com/i/web/status/1859737201078161412
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