Tesla Rival XPeng To Hire Over 6,000 Workers In 2025 Expecting Increased Competition: Report
Chinese EV maker XPeng will hire over 6,000 workers due to increased competition & global expansion plans. Rival BYD also ramping up hiring. read more
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US Money Market Funds Hit Record High Of $6.75 Trillion: Does This Liquid Cash Pile Illustrate Latent Buying Power?
US money market funds inflow hit a record high of $6.75 trillion indicating that investors are sitting on cash signaling latent buying power. read more
Boeing Shares Fall Over 4% In Monday Premarket As Airplane Maker Faces Scrutiny After Deadliest 737-800 Crash In South Korea (UPDATED)
This catastrophe resulted in the loss of 179 lives read more
US Stocks Poised To Open Higher On Last Trading Day Of 2024: Analyst Sees S&P 500 At 7,000 In First Half Of 2025
U.S. stock futures were trading higher on Tuesday following Monday’s selloff. All four index futures rose in trade. read more
Days After Two Fatal Crashes, Ryanair Flight To Vienna Diverted Due To Reported GPS Jamming Over Poland
The incident involving RyanAir’s flight FR 748 comes just days after an Azerbaijan Airlines flight experienced “external interference” over Russia. read more
Bernie Sanders Calls Trump’s 10% Interest Rate Cap On Credit Card Debt A ‘Great Idea’ As Defaults Surge To Highest Levels Since 2008: Visa, Mastercard Stocks Fall In Premarket
Bernie Sanders announced plans to introduce legislation supporting President-elect Donald Trump’s proposal to cap credit card interest rates at 10%, as credit card defaults reach their highest levels since the 2008 financial crisis. read more
Blackrock’s Bitcoin Fund Breaks Records With Historic ETF Launch—Will It Surpass The World’s Biggest Gold ETF In January?
The iShares Bitcoin Trust ETF (NASDAQ:IBIT) by BlackRock Inc. (NYSE:BLK), which debuted earlier this year, has become the most successful exchange-traded fund launch in history, a report said Monday. read more
Bill Ackman Questions Stock Market Closure To Honor Jimmy Carter, Calls It ‘Shutting Down Commerce’
Pershing Square CEO Bill Ackman questioned the upcoming closure of U.S. stock markets to honor former President Jimmy Carter, sparking debate about the intersection of commerce and presidential remembrance. read more
Tesla Shanghai Megafactory Starts Trial Production Seven Months After Breaking Ground
Tesla said that its megapack factory in Shanghai has started trial production before formally starting mass production early next year read more