Tesla annual deliveries drop for the first time, stock falls over 6%
Annual deliveries for automaker Tesla fell for the first time in years, sending its share price down by more than 6% in early trading hours. By 9:57 am, the stock…
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Brazil’s December manufacturing PMI falls to 50.4, reflecting slower growth
As December 2024 ended, the S&P Global Brazil Manufacturing Purchasing Managers’ Index (PMI) doubled to 50.4, down from 52.3 a month before. This dip marks the slowest expansion pace in…
Rolex rings in New Year with price hikes as gold surges
In a move reflecting the surging value of gold, Rolex SA, the titan of Swiss luxury watchmaking, has initiated a significant price increase on some of its most sought-after timepieces.…
The climate tech survival guide: what investors are buying, selling, and holding
The landscape for climate technology investors is undergoing a dramatic transformation in 2025, marked by political uncertainty, technological advancements, and a recalibration of priorities. As Donald Trump’s return to the…
Dow, S&P 500 open 2025 with gains, while Tesla and Apple fall
Major US equity benchmarks rose on Thursday, starting off the new year on a positive note after sharp gains in 2024. At the time of writing, the Dow Jones Industrial…
Hedge funds deliver double-digit returns in 2024
By Nell Mackenzie and Carolina Mandl LONDON (Reuters) – Some of the world’s largest hedge funds finished 2024 with comfortable double-digit returns, benefiting from chaotic markets, central bank policy changes…
US 30-year fixed-rate mortgage flirts with 7%
WASHINGTON (Reuters) – U.S. mortgage rates jumped to a six-month high this week, suggesting that a recent improvement in home sales could be temporary. The average rate on the popular…
SoFi shares fall after KBW downgrade on valuation concerns
(Reuters) – Personal finance app SoFi Technologies (NASDAQ:SOFI)’ shares fell as much as 7% on Thursday, after analysts at KBW downgraded the stock to “underperform” on concerns over its lofty…
The Child Millionaire plan for building generational wealth, financial literacy
Investing.com — In a world where financial security often feels out of reach, Cole Snell—founder of Infineo—has set his sights on a mission and that is to make every child…
US weekly jobless claims unexpectedly fall
WASHINGTON (Reuters) – The number of Americans filing new applications for jobless benefits unexpectedly fell last week, pointing to low layoffs at the end of 2024, consistent with a healthy…