Category: Business

(Bloomberg) — Tesla Inc. plans to unveil its long-promised robotaxi later this year as the electric carmaker struggles with weak sales and competition from cheap Chinese EVs. Most Read from Bloomberg NY Area Rattled by 4.8 Magnitude Quake, Followed by Aftershock Turkey Joins NATO Allies in Suspending Europe Arms Treaty Saudis Scale Back Ambition for

Dow Jones futures edged higher after hours, along with S&P 500 futures and Nasdaq futures, with the March jobs report setting up as a key stock market test. X The stock market rally started off strong Thursday on higher-than-expected jobless claims. But key indexes gave up solid gains in the afternoon, reversing lower on Mideast

WATERLOO, Ontario (AP) — WATERLOO, Ontario (AP) — BlackBerry Ltd. (BB) on Wednesday reported a loss of $56 million in its fiscal fourth quarter. The Waterloo, Ontario-based company said it had a loss of 10 cents per share. Earnings, adjusted for asset impairment costs and restructuring costs, came to 3 cents per share. The cybersecurity

Trump Media & Technology Group (DJT), the parent company of Donald Trump’s social media platform Truth Social, sank more than 21% Monday following a blockbuster debut last week. At Monday’s closing price of $48.66, Trump Media had a market cap of $6.65 billion, giving the former president a stake worth $3.8 billion. After the company’s

Retail investors are piling into riskier, leveraged funds over recent weeks, Vanda Research said.AP Photo/Richard Drew Investors have been piling into riskier, leveraged stock-market bets in recent weeks, Vanda Research said. Those increased inflows come as the stock market has made new records. Strategists said investors may be trying to make their capital work harder

Westend61/Getty Images Stellar stock-market returns have boosted Americans’ retirement account balances. The number of 401(k) millionaires is up and average account balances are the highest in two years. Sources caution anyone thinking about retirement not to get complacent and plan ahead if they want to tap their gains. The soaring stock market is minting a

Dow Jones futures will open on Sunday evening, with U.S. markets closed Friday. The Federal Reserve’s favorite inflation report was largely in line, with Fed chief Jerome Powell sounding pleased with Friday’s data. X The stock market rally enjoyed a solid, holiday-shortened week. Growth stocks, especially AI leaders such as Nvidia (NVDA), fell back somewhat

The shorts are coming for MicroStrategy (NASDAQ: MSTR), and investors reacted accordingly on Thursday — well, at least one short seller, which made no bones about what it currently thinks of the tech company-turned-Bitcoin (CRYPTO: BTC) accumulator. As a result, MicroStrategy’s share price fell at a double-digit rate, closing more than 11% lower. Short the