Tesla failed to meet its EV sales goals and Wall Street's expectations
Tesla (TSLA) has officially failed to reach its 2024 delivery goal, according to the latest sales data released by the electric vehicle maker.
Jobless claims fall to eight-month low, signaling steady labor market
Traders in interest rate futures have increased the probability that Fed policymakers this month will hold the federal funds rate at its current level.
Alphabet, Uber downgraded: Wall Street's top analyst calls
Alphabet, Uber downgraded: Wall Street's top analyst calls
Cosmea Financial gets SEBI nod to expand into mutual fund market
Cosmea Financial Holdings (CFH) has been granted approval by the Securities and Exchange Board of India (Sebi) to sponsor a mutual fund. The firm, which submitted its application in May last year, now has a six-month window to complete the necessary registration formalities as per the Securities and Exchange Board of India (Mutual Funds) Regulations,…
Tesla stock slides as delivery figures show first-ever annual decline
Tesla set two records in 2024. One of them wasn't good.
Crypto Will See Revolution By Acceleration
2025 will see a sea change in the U.S. regulations, acceptance of bitcoin as digital gold and stablecoins as important rails for payments, says EY’s Paul Brody.
Consumer stocks 2025: Watch out for discount retailers and fast casual chains, tariffs remain a wild card
Off-price, fast casual, and the used car market may be the biggest consumer wins in 2025.
Another Banner Year for the S&P 500
Will stocks be able to carve out a third impressive yearly performance in 2025?
Arcos Dorados Renews Franchise Agreement With McDonald's, Stock Gains
Arcos Dorados Holdings Inc. (NYSE:ARCO) saw its shares rise on Thursday following the announcement of a renewed Master Franchise Agreement with McDonald’s Corporation (NYSE:MCD). The new 20-year MFA, effective January 1, replaces the previous agreement and includes an option for renewal at McDonald’s discretion for another 20 years, beginning January 1, 2045. The updated agreement includes a royalty fee structure based on gross sales: 6.0% for the first ten years, 6.25% for the next five years,
US unemployment claims fall to 211,000, the lowest level since March
The number of Americans applying for unemployment checks dropped last week to the lowest level since March, suggesting that suggest most U.S. workers continue to enjoy unusually high job security. Jobless claims dropped by 9,000 to 211,000 last week, the Labor Department reported Thursday. The overall numbers receiving unemployment benefits fell by 52,000 to 1.84 million, the lowest since September.