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Investor Concerns Mount as Tesla Stock Faces Decline

Investor Concerns Mount as Tesla Stock Faces Decline

Following a doubling in value the previous year, Tesla's (TSLA) stock has plummeted early in 2024 ahead of sales and earnings for the fourth quarter, as experts have revised lower profit expectations for the last few months of 2023.

Feb 05, 2024 08:19 PM EST


Fed Chief Signals Slow and Steady Rate Reduction Approach

Fed Chief Signals Slow and Steady Rate Reduction Approach

In a Sunday interview, Federal Reserve Chair Jerome Powell said that the bank will cautiously reduce interest rates this year, perhaps moving much more slowly than the market anticipates.

Feb 05, 2024 10:28 AM EST


Meta Announces Dividend Status, but Smart Investors Shift Focus to a More Promising Tech Player

Meta Announces Dividend Status, but Smart Investors Shift Focus to a More Promising Tech Player

The announcement of Meta Platforms' first-ever dividend was the major surprise in the company's fourth-quarter financial report released last week.

Feb 05, 2024 03:42 AM EST


Luxury Giant Shakes Up Watch World: LVMH Targets Billion-Dollar Market with Bold Designs

Luxury Giant Shakes Up Watch World: LVMH Targets Billion-Dollar Market with Bold Designs

Luxury behemoth LVMH is attempting to take market share in the world of luxury watches by launching a new watch subsidiary and introducing a number of more expensive models.

Feb 04, 2024 09:17 PM EST


Overhaul of Trump-Era Tax Law May Result in Bigger Refunds

Overhaul of Trump-Era Tax Law May Result in Bigger Refunds

Millions of Americans may receive larger tax refunds this year as a result of a last-minute revision to a tax provision included in President Donald Trump's 2017 Tax Cuts and Jobs Act.

Feb 05, 2024 02:22 AM EST


Wages Rising, Jobs Soaring: Can the US Economy Maintain This Momentum?

Wages Rising, Jobs Soaring: Can the US Economy Maintain This Momentum?

Employers across the country launched an impressive hiring spree to start 2024, adding 353,000 new positions in January alone, the most recent indication of the economy's resilience in the face of the highest interest rates in two decades.

Feb 03, 2024 03:33 AM EST


Ferrari's Record Year Ignites Investor Excitement for Future

Ferrari's Record Year Ignites Investor Excitement for Future

Ferrari is a luxury sports vehicle company that exceeded both the top- and bottom-line earnings projections of Wall Street for the fourth quarter, capping a record-breaking year of profits.

Feb 02, 2024 01:00 PM EST


Ohio Braces for Economic Hit as Intel Hits Pause on Mega Project

Ohio Braces for Economic Hit as Intel Hits Pause on Mega Project

Due to market conditions and the sluggish distribution of U.S. grant funds, Intel is postponing the development of its $20 billion chip manufacturing project in Ohio, according to a Wall Street Journal story published on Thursday.

Feb 02, 2024 12:20 PM EST


House Greenlights Expansion of Child Tax Credit, Unveiling Potential Benefits for Millions

House Greenlights Expansion of Child Tax Credit, Unveiling Potential Benefits for Millions

The House approved a bill on Wednesday that would prolong certain business tax credits and enhance the important incentive for parents, bringing the Child Tax incentive one step closer to a makeover.

Feb 02, 2024 10:46 AM EST


Will It Last? Experts Weigh In on Mortgage Rate Trend and Housing Market Rebound

Will It Last? Experts Weigh In on Mortgage Rate Trend and Housing Market Rebound

As the spring housing market draws near, potential homeowners will be pleased to learn that the average long-term U.S. mortgage rate decreased this week.

Feb 02, 2024 08:29 AM EST


Can Wall Street's Darling Meta Lean on Dollar Deals from Temu and Shein?

Can Wall Street's Darling Meta Lean on Dollar Deals from Temu and Shein?

Temu and competitor Shein are smearing advertisements on Facebook and Instagram in an attempt to establish their brands and draw customers away from Alibaba's and Amazon.

Feb 01, 2024 02:56 AM EST


Wall Street Secret Revealed: Invest in This Underdog for Dividend Growth That Beats the Giants

Wall Street Secret Revealed: Invest in This Underdog for Dividend Growth That Beats the Giants

The fact that there is no one-size-fits-all formula for success is among the finest things about investing on Wall Street. There's virtually likely a method that can increase your wealth over time, depending on your objectives, level of investing risk tolerance, and hobbies.

Jan 31, 2024 07:50 AM EST


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