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Economy

Why is Tesla stock crashing in early trading on Monday?

Tesla stock (NASDAQ: TSLA) tumbled over 3.5% in the early trading on Monday as the electric carmaker confronts a convergence of structural headwinds.

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Economy

Europe bulletin: UK job cuts, France breaks gridlock, Tesla’s steep fall

Europe started the week on a bruising note. From Whitehall belt-tightening to Paris finally muscling a budget through gridlock, policymakers are choosing survival

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Economy

Elon Musk merges SpaceX and xAI in high-stakes bet on artificial intelligence

Elon Musk said on Monday that SpaceX has acquired his artificial intelligence group xAI, tying together two of his most ambitious ventures as

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Economy

France widens criminal probe into Elon Musk’s X after Paris office raid

French authorities have stepped up scrutiny of Elon Musk’s social media platform X after police raided its Paris offices and prosecutors broadened a

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Economy

Europe bulletin: UK stocks pull back, gold, copper lift miners, France raids X headquarters

Europe’s markets and politics struck a cautious tone on Tuesday as investors and policymakers grappled with rising uncertainty. The FTSE 100 slipped from

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Economy

SpaceX-xAI deal sparks talk: could a Tesla-SpaceX merger be next?

Elon Musk’s decision to have SpaceX acquire artificial intelligence startup xAI has sent ripples across global financial markets, reviving long-standing speculation about whether

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Economy

Apollo Global nears $3.4B loan to lease Nvidia chips to Elon Musk’s xAI: report

Apollo Global Management is close to finalising a roughly $3.4 billion loan to an investment vehicle that plans to purchase Nvidia chips and

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Economy

Tesla stock up around 2.5%: what’s driving the EV major higher

Tesla stock rose about 2.5% on Monday, extending a rebound that began late last week, as investors responded to fresh updates on the

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Oil

From Eddie Bauer to Saks Global: what’s ailing US retailers?

The operator of outdoor apparel brand Eddie Bauer filed for Chapter 11 bankruptcy protection on Monday, becoming another mid-market retailer to fall prey

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Bitcoin

All about century bonds and why analysts back Alphabet’s 100-year bond 

If the scale of Big Tech’s AI spending plans for 2026 was not striking enough, Alphabet’s reported move to issue a rare 100-year

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