Tesla’s sell-off on Wall Street intensified on Monday, with shares of the electric vehicle maker plunging 15%, their worst day on the market since September 2020. On Friday, Tesla wrapped up a seventh straight week of losses, its longest losing streak since debuting on the Nasdaq in 2010. The stock has fallen every week since…
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City on March 10, 2025. Charly Triballeau | Afp | Getty Images CNBC will be hosting “CONVERGE LIVE,” an inaugural thought leadership event on March 12-13, 2025, in Singapore, where global business leaders, entrepreneurs, investors…
The Susan Smith Blackburn prize for female, transgender and non-binary playwrights has been awarded to the US writer ak payne for their poignant and funny two-hander Furlough’s Paradise. The play has been described by payne as a “lyrical journey about grief, home and survival”. It follows two cousins, one of whom is on a three-day…
CNBC’s Jim Cramer advised investors not to leave the market entirely because of the massive sell-off. He said to remember there is always a bottom and stocks can recover. Cramer then recalled late CNBC anchor Mark Haines, who correctly called a market bottom on this date back in 2009 during the financial crisis. “So, in…
Hong Kong’s stock exchange reported its highest quarterly profit in nearly four years after China’s stimulus measures boosted trading and listing volume. Bloomberg | Bloomberg | Getty Images BEIJING — Mainland Chinese investors are piling into the Hong Kong stock market at record volumes as its tech-heavy Hang Seng Index trades around three-year highs. Net…
A Kurdish-led militia alliance which controls north-eastern Syria has agreed a deal to integrate all military and civilian institutions into the Syrian state, the country’s presidency says. The agreement says the US-backed Syrian Democratic Forces (SDF) will cease hostilities and hand over control of the region’s border posts, airport, and vital oil and gas fields….
Squatters living in formerly vacant, water-damaged homes will be forcibly evicted as the clean-up begins from the latest spate of floods in northern New South Wales. Chris Minns vowed on Tuesday to evict “overseas visitors, tourists, backpackers” who he said were taking advantage of condemned properties left empty after being included in a state buyback…
It’s conference tournament time. The SEC Tournament begins on Wednesday with four games: South Carolina at Arkansas, Texas at Vanderbilt, LSU at Mississippi State and Oklahoma at Georgia. Which squads are favored to win it and book an automatic ticket to the NCAA Tournament? Let’s check out the odds at DraftKings Sportsbook as of March…
The White House on Monday downplayed the weeks long stock market sell-off, insisting that recent moves by business leaders suggest a brighter outlook for the U.S. economy. “We’re seeing a strong divergence between animal spirits of the stock market and what we’re actually seeing unfold from businesses and business leaders,” a White House official told…
Two-time World Series-winning manager Dave Roberts and the Los Angeles Dodgers have reached an agreement on a four-year contract that will make him the highest-paid manager in Major League Baseball, according to multiple reports. Roberts’ new deal, which will keep him in the Dodgers’ dugout through 2028, will reportedly pay him over $8 million annually….
