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Tesla’s affordable EV, robotaxis in focus after Musk backlash, competition hurt demand

Tesla’s affordable EV, robotaxis in focus after Musk backlash, competition hurt demand

By Akash Sriram(Reuters) - Tesla (NASDAQ:TSLA) investors will be eager to ask CEO Elon Musk two pressing questions when the electric vehicle maker reports results on Tuesday: when will the affordable vehicle launch, and is the robotaxi plan on schedule?Wall Street has pinned its hopes on a cheaper car - promised by the end of the first half of this year - to revitalize drooping Tesla sales that ha ...

2025-04-21 23:07:43
Capital One stock surges after Discover Financial deal approved

Capital One stock surges after Discover Financial deal approved

Investing.com -- Capital One shares are up premarket Monday after U.S. regulators approved the bank’s $35 billion acquisition of Discover Financial.The stock is trading 3.8% higher following the decision from the Federal Reserve and the Office of the Comptroller of the Currency. The deal, now cleared to close on May 18, will give Capital One (NYSE:COF) control of Discover’s payment ...

2025-04-21 23:05:24
TSX futures inch lower as investors eye Trump tariff developments, earnings deluge

TSX futures inch lower as investors eye Trump tariff developments, earnings deluge

Investing.com - Futures linked to Canada’s main stock index edged lower on Monday, with U.S. President Donald Trump’s tariff policy in focus and investors awaiting a slew of key corporate earnings reports this week.By 06:59 ET (10:59 GMT), the S&P/TSX 60 index standard futures contract had slipped by 3 points, or 0.2%.The Toronto Stock Exchange’s S&P/TSX composite index rose by ...

2025-04-21 23:03:53
Davos gathering founder Klaus Schwab quits as World Economic Forum chair

Davos gathering founder Klaus Schwab quits as World Economic Forum chair

By Dave GrahamZURICH (Reuters) -Klaus Schwab, founder of the World Economic Forum, whose annual gathering of business and political leaders in the Swiss mountain resort of Davos became a symbol of globalisation, has resigned as chair of its trustees.The Geneva-based WEF made the announcement on Monday after revealing earlier this month that the 87-year-old Schwab, who for decades has been the face ...

2025-04-21 23:02:38