Tesla stock slides as European sales in May drop for fifth straight month
Tesla’s (TSLA) recent high-profile robotaxi test in Austin, Texas, comes as more negative data emerges in its core auto business, with the company’s stock dropping in the process.
Per the European Automobile Manufacturers Association (ACEA), Tesla EV registrations (a proxy for sales) in Europe fell 27.9% to 13,863 in May compared to a year ago.
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Read MoreIs AAPL Stock a Buy? Jim Cramer Says ‘Maybe Not’ Unless Apple Does This 1 Surprising Thing.
Celebrated host of the popular CNBC show “Mad Money” Jim Cramer reckons iPhone-maker Apple (AAPL) should act on rumors and acquire AI startup Perplexity. Long touted by many as being behind in the AI race,
Trump repeats claim, says stopped India-Pak war with trade offers; calls Pak army chief 'impressive'
U.S. President Donald Trump speaks during a press conference at the NATO summit in The Hague, Netherlands June 25, 2025. REUTERS/Piroschka Van De Wouw
US President Donald Trump repeated his claim of ending the recent conflict between India and Pakistan despite New Delhi denying any such conversation.
Read MoreUS tariffs not only killing trade, but chilling investment, leaders warn
Uncertainties created by the United States’ tariff blitz are not only disrupting global supply chains, but also causing investors to delay decisions, entrepreneurs and policymakers said at the “Summer Davos” forum.
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Read MoreStock market today: Trade setup for Nifty 50 to Israel-Iran news; eight stocks to buy or sell on Thursday
Stock market today: The benchmark Nifty-50 index managed to end above the level of 25,200, settling at 25,244.75, with gains of 0.80% on Wednesday. Bank Nifty at 56,621.15 also ended 0.28% higher as all indices ended with gains led by Auto, IT, and FMCG. Even mid- and small caps ended with gains of 0.44 to 1.49%.
The Burst
Wall Street Might Be Sleeping on Nvidia, But Not for Long
Nvidia’s stock has taken a notable dip in 2025, falling roughly 14% year-to-date. That slide has little to do with the company’s financials and everything to do with factors outside its control.
Fresh U.S. export restrictions on advanced chips, escalating trade war tensions, and worries that the boom in AI spending might cool off have all weighed on investor sentiment.
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Read MoreThe Ivy
Ford’s Fat Dividend Yield Looks Tempting, What’s The Catch?
At first glance, Ford’s dividend might look like a smooth ride. The company is handing out $0.75 annually and has sweetened the pot with special payouts in recent years. These bonuses are part of Ford’s plan to return 40% to 50% of its adjusted free cash flow to shareholders.
But don’t let the recent payouts lull you into a false sense of security.
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Read MoreThe Spotlight
3 Safe-Haven Stocks to Buy Now as the Market Sells Off
With the S&P 500 now in correction and stocks selling off quickly, investors are understandably looking for safe-haven stocks to preserve their capital and keep their portfolios guarded from potentially turbulent market conditions ahead.
Luckily, there are still several companies that could offer some degree of security. Among the safest stocks to buy now for both current security and potential long-term returns are Abbott Labs,
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