By all accounts, the stock should be up. Deliveries and production of its electric vehicles (EVs) were both up sequentially and year over year, handily topping analysts’ expectations.
Yet Tesla (TSLA +3.06%) shares tumbled on Thursday after its report showed it delivered 480,126 EVs during the three months ending in June while also manufacturing 451,758 automobiles.
If you’ve been hearing rumors that Social Security is on the verge of bankruptcy, here’s some good news: The program is not at risk of going broke. Social Security actually can’t go broke because it’s funded with payroll taxes.
But in the coming years, that revenue stream is expected to shrink as older workers retire.
» Read more about: Millions of Future Social Security Recipients Could Face a Backdoor Benefit Cut »
TORONTO, July 9, 2026 /CNW/ – The unit holders of InterRent Real Estate Investment Trust (TSX: IIP.UN) have agreed to the terms of a Plan of Arrangement resulting in the acquisition by Carriage Hill Properties Acquisition Corp..
Maybe you’ve noticed: stocks have been red-hot over the last few months.
Even accounting for some recent volatility in hot trades like memory stocks, since the March 30 low, the S&P 500 is up 18%. Soaring semiconductor stocks have led the way, with the iShares Semiconductor ETF rising as much as 106% from its recent trough.
Groww on Thursday clarified that direct mutual funds will continue to remain the core of its investment platform, seeking to dispel confusion over the launch of its new subscription-based mutual fund offering, MF Prime.
In a post on X, the company said direct mutual funds are, and will remain, “the heart of Groww”,
Emerging markets ETFs can offer investors a variety of benefits.
» Read more about: 5 Best Emerging Markets ETFs for 2026 and How to Invest »
U.S. spot bitcoin ETFs lost a net $95 million on Thursday, per SoSoValue data, while ether ETFs shed about $52 million, ending a five-day inflow run that had been the steadier side of the market.
Fidelity’s FBTC drove the bitcoin outflow with roughly $63 million, followed by ARKB at about $40 million.
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Iran won’t give up the Strait of Hormuz, its “new nuclear weapon,” an analyst told CBS News on Wednesday.
Speaking soon after President Trump said the ceasefire between the U.S. and Iran was, in his view, “over,” Aaron David Miller, a Senior Fellow at the Carnegie Endowment and a former State Department adviser on Arab-Israeli negotiations,
» Read more about: U.S., Iran trade more strikes after Trump says ceasefire is “over” »
Major indexes finished higher, aided by chip and memory stocks, as investors monitored the latest military attacks between the U.S. and Iran.
