Wall Street is turning its back on Elon Musk
Liberals and government employees aren’t the only people angry with Elon Musk. Tesla’s plunging share price means many investors are angry, too.
Liberals and government employees aren’t the only people angry with Elon Musk. Tesla’s plunging share price means many investors are angry, too.
Online payroll and human resource software provider Asure (NASDAQ:ASUR) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 17.2% year on year to $30.79 million. On the other hand, next quarter’s revenue guidance of $34 million was less impressive, coming in 4.7% below analysts’ estimates. Its GAAP loss of $0.12 per share was significantly below analysts’ consensus estimates.
(Bloomberg) -- Federal Reserve Governor Christopher Waller said he wouldn’t support lowering interest rates in March, but sees room to cut two, or possibly three, times this year.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year Low“I
Tesla stock sank Thursday after Baird lowered its price target on the EV maker.
(Bloomberg) -- Just two weeks ago, high-flying mega-tech stocks and their chipmaking cousins were powering the Nasdaq 100 Index to yet another record. Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’NJ College to Merge With State School After Financial StressHow Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowIt was the 53rd all-time high
The rocky week on Wall Street continued on Thursday as investors grappled with further uncertainty from President Donald Trump’s tariffs.
“This proposal positions crypto assets as a new asset class that is different from securities," a parliamentarian said.
The Bank of England must slash interest rates to shore up the struggling economy, a top policymaker has warned, rejecting Andrew Bailey’s call for “gradual and careful” steps on borrowing costs.
Crypto influencer WendyO slams JPMorgan for dismissing XRP, Solana, and Cardano in the U.S. crypto reserve debate, accusing the bank of contradicting its own stance on digital assets.
Shares of Intuitive Machines tumbled on Thursday amid uncertainty about the status of its Athena lander’s attempt to touch down on the surface of the moon today.