China is turning to services and experiences as a new lever to revive domestic demand, as weak household confidence, a prolonged property slump, and slowing exports weigh on the world’s second-largest economy. On Thursday, the State Council released a work plan aimed at boosting services consumption over the coming years, spanning cruise and yacht tourism,
Elon Musk’s SpaceX has begun lining up senior roles at four major Wall Street banks as it races toward a potentially record-breaking initial public offering. As per a Financial Times report, Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley are being positioned for lead underwriting roles in what would rank as one of
The European Union has opened a formal investigation into Elon Musk’s social media platform X over concerns that its Grok artificial intelligence chatbot may have generated deepfake images that “may amount to child sexual abuse material.” The European Commission said the probe will assess whether X complied with its obligations under the bloc’s Digital Services
Tesla stock (NASDAQ: TSLA) eased lower on Monday as investors braced for a make‑or‑break earnings week that will test whether Elon Musk’s big autonomy promises really deliver. The stock traded down roughly 3%, well below its mid‑December peak near $490, even as the S&P 500 and Nasdaq inched higher ahead of a key Federal Reserve
Europe opened the week in a wary holding pattern, with the FTSE 100 flat as industrial and travel names slid on fresh tariff threats and Iran sanctions, even as metal miners rallied to record highs. Trade geopolitics stayed front and centre after India and the EU sealed a long-awaited free trade pact to counter protectionist
Tesla (NASDAQ: TSLA) reports Q4 2025 earnings on January 28, and Wall Street has already bracing for tough numbers. The consensus estimates expect the revenue to fall 3.6% to $24.5 billion, while profit per share could tumble 40% to $0.44, reflecting a 15.6% drop in vehicle deliveries. The numbers look brutal as Tesla’s auto business
Tesla’s brand value fell sharply in 2025, extending a decline that has now run for three consecutive years, according to a new report from Brand Finance. The electric vehicle maker lost an estimated $15.4 billion in brand value last year, a drop of about 36%, reflecting weakening consumer sentiment despite the company’s continued prominence in
Tesla stock (NASDAQ: TSLA) ticked higher in early Wednesday trading as investors positioned ahead of the company’s fourth-quarter 2025 earnings results due after the market closing. The call carries outsized weight because Wall Street consensus has shifted from fixating on vehicle deliveries to scrutinizing progress on artificial intelligence, robotaxi deployment, and a software subscription business.
Tesla Inc. posted its first annual revenue decline in 2025, underscoring how political shifts and growing consumer unease with Elon Musk’s activism are complicating the electric-car maker’s growth story just as competition intensifies. The company said fourth-quarter revenue fell 3% from a year earlier to $24.9 billion, broadly in line with analyst expectations, bringing full-year
Shell and BP are actively pursuing US licenses to begin extracting natural gas from shared fields in Trinidad and Tobago and Venezuela, the Caribbean country’s energy minister Roodal Moonilal announced on Wednesday, according to a Reuters report. As Latin America’s top exporter of liquefied natural gas and a major global supplier of ammonia and methanol,