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  • Dec 31, 2024

Tesla Stock Surge Runs Up Against a Potential Annual Sales Drop

(Bloomberg) -- For all the exuberance about Tesla Inc. benefiting from Donald Trump’s return to the White House, Wall Street isn’t so sure the carmaker can avoid its first annual sales decline in over a decade.Most Read from BloombergDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesMigrant Crisis Pushed US Homelessness to Record High in 2024Analysts surveyed by Bloomberg are estimating the company may deliver around 510,400 vehicles in t

  • Dec 31, 2024

Vistra Is First Utility to Top S&P 500 Since 2001 Amid AI Boom

(Bloomberg) -- Vistra Corp. just pulled off a feat that no other utility stock has managed since 2001 — it topped the leaderboard of the S&P 500 Index with an eye-popping 264% annual gain.Most Read from BloombergDetroit’s Michigan Central Is the Building Revival Story of 2024Migrant Crisis Pushed US Homelessness to Record High in 2024Shares of Vistra, which joined the S&P 500 in May, posted their best year in the Dallas-based firm’s history and led a pack of nuclear power plant operators higher

  • Dec 31, 2024

In Lackluster Year for Emerging Markets, Riskiest Bonds Shone

(Bloomberg) -- Dollar bonds from some of the world’s weakest economies have emerged as the bright spot in what’s otherwise been yet another lackluster year for emerging-market assets.Most Read from BloombergDetroit’s Michigan Central Is the Building Revival Story of 2024Migrant Crisis Pushed US Homelessness to Record High in 2024While many emerging assets are ending the year with gains, their returns pale in comparison with those on Wall Street. Among currencies tracked by Bloomberg, just three

  • Dec 31, 2024

Gilat Secures $18 Million in IFC Orders, Strengthening Market Position

Gilat ( (GILT) ) has provided an announcement. Gilat Satellite Networks Ltd. has announced securing over $18 million in orders for its In-Flight Connectivity (IFC) solutions, primarily involving its SkyEdge platforms and SSPAs, with deliveries scheduled within the next year. This development reinforces Gilat’s market position in the IFC sector, highlighting the growing demand for its advanced connectivity solutions that offer scalability and performance to meet industry needs. More about Gilat G

  • Dec 31, 2024

My Top Cryptocurrency to Buy in 2025

Technology evolves, narratives shift seemingly overnight, but one thing remains constant: Great products and technology will attract users. This protocol challenges the conventional design of decentralized finance (DeFi) by offering a scalable, transparent, and user-friendly trading experience. Since its token airdrop in late November, Hyperliquid has soared about 650%, rising to become the 19th most valuable cryptocurrency.

  • Dec 31, 2024

India delays UPI payments market share cap in relief for Walmart-backed PhonePe, Google Pay

India on Tuesday delayed the implementation of market share caps for a popular digital payments method by two years, a move that will benefit Google Pay and Walmart-backed PhonePe. According to the proposal, first made in November 2020, digital payment firms would not be allowed to hold more than 30% share of the volume of transactions processed via India's popular unified payments interface (UPI). The mandate, which was to take effect from the end of 2024, will now kick in at the end of December 2026, according to a statement from the National Payments Corporation of India (NPCI), a quasi-regulator.

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