Tesla stock tumbles over 15%, wiping out post-election gains as demand worries continue to weigh
Musk Melts Down as Tesla Stock Price Plunges
On Monday, Elon Musk‘s X feed offered the usual mix of paranoid politics, attacks on Democrats and government agencies, and content from accounts affiliated with President Donald Trump (who still prefers his own web platform, Truth Social). But mixed in were a number of posts about Tesla,
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Read MoreWall Street selloff worsens, with investors worried about how much pain Trump will accept for economy
By Stan Choe | Associated Press
NEW YORK — The U.S. stock market’s sell-off cut deeper on Monday as Wall Street questioned how much pain President Donald Trump will let the economy endure through tariffs and other policies in order to get what he wants.
Read MoreThe tech-heavy Nasdaq's $1 trillion sell-off, in charts
- The Nasdaq 100 fell 3.8% on Monday, its biggest decline since October 2022.
- The sell-off hit tech especially hard, with the Magnificent 7 cohort seeing deep losses.
- The Nasdaq wipeout alone accounted for more than $1 trillion of lost market value at lows.
US stocks had a terrible day on Monday.
» Read more about: The tech-heavy Nasdaq's $1 trillion sell-off, in charts »
Read MoreTrump threatens 200% tariff on European alcohol as trade war escalates
CNN
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President Donald Trump on Thursday threatened to impose a massive tariff on European alcohol in response to the European Union’s retaliation against his steel and aluminum tariffs – a tit-for-tat escalation of a trade war that could easily get out of hand.
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Read MoreThe Burst
84.2% of Bill Gates Portfolio In 4 Stocks
If you went to an Ivy League business school, you would probably learn about diversification and efficient markets, and how it’s not possible to beat the market. Why then do so many billionaires violate the tenets of top academics?
In simple terms, when you have an information advantage, or a winning investment thesis,
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Read MoreThe Ivy
Market Commentary: Last Time This Happened Was 1933
If you have been keeping a close eye on markets and recent earnings reports, one figure that might cause you to scratch your head is Berkshire Hathaway’s enormous $157.1 billion cash pile. Why is Buffett holding so much cash?
One theory is that something ominous lies ahead for the economy and markets more generally.
» Read more about: Market Commentary: Last Time This Happened Was 1933 »
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