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Tesla’s awful quarter has Wall Street on edge ahead of delivery numbers
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Tesla shows Wall Street a path to ‘positive catalysts,’ BofA says
Tesla Inc.’s better-than-expected quarterly earnings and reassurances from the EV maker that it is on a path of “positive catalysts” led to a stock upgrade at BofA Securities on Wednesday.MarketWatch - Business - Tesla -
A justifiable ban on US non-compete clauses
There are other ways of retaining key workers and protecting trade secretsFinancial Times - World -
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street's expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street’s expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.The Wall Street Journal - World -
Oil Edges Higher Ahead of U.S. PCE Data
Oil prices ticked higher ahead of key U.S. inflation data that will offer more cues on the path of interest rates.The Wall Street Journal - World -
Comex Gold, Silver Settle Higher
Gold settled 0.2% higher, snapping a three-session losing streak, and silver rose nearly 0.1%, up two of the past three sessions.The Wall Street Journal - World -
Women's Six Nations: Ireland beat Scotland to finish third - as it happened
Watch live coverage and follow live text updates as Ireland host Scotland at Kingspan Stadium, Belfast in the Women's Six Nations.BBC News - Top stories -
Lawmakers push Wall Street giveaway disguised as increased worker security
If members of Congress want to improve retirement security, they should expand Social Security rather than Wall Street-favored individual savings and investment schemes.The Hill - Politics -
Zuckerberg burns some goodwill on Wall Street as he plows forward with the metaverse
Investors clearly also concerned that Meta’s spending will include a lot more on virtual and augmented reality.MarketWatch - Business -
Wall Street’s Patience for a Costly A.I. Arms Race Is Waning
A sell-off in Meta’s stock after the company disclosed huge investments in the technology may be a sign of investor fears about tech giants’ spending.The New York Times - Business -
Ban on non-compete agreements sends shockwave across Wall Street
Financial companies scramble to rework contracts and tie down personnel after US Federal Trade Commission ruleFinancial Times - World
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Paramount CEO Bob Bakish could be out as soon as Monday as Skydance merger talks continue
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Digital ad market is finally on the mend, bouncing back from the 'dark days' of 2022
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WEF president: 'We haven't seen this kind of debt since the Napoleonic Wars'
Borge Brende, president of the World Economic Forum, gave a stark outlook for the global economy.CNBC - Business -
Advice about 401(k) rollovers is poised for a big change. Here's why
Rollovers from 401(k) plans to individual retirement accounts are a key focus of a new Labor Department rule that aims to raise the bar for retirement advice.CNBC - Business -
Top Wall Street analysts favor these 3 stocks for their growth potential
TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Netflix and General Motors.CNBC - Business