Market

Elon Musk's cost-cutting commission aims to save $500 billion annually, potentially leading to a $5,000 "DOGE dividend" for Americans. However, the national debt could still rise by $4 trillion due to tax cuts.

Published on: February 21, 2025, 10:02 PM UTC

Tesla may invest in Nissan, but both Tesla CEO Elon Musk and former Tesla board member Hiro Mizuno have denied involvement. Honda and Nissan recently terminated their merger plans. Nissan has excess manufacturing capacity in the US, which could be utilized by Tesla to build its cheaper EVs.

Published on: February 21, 2025, 10:01 PM UTC

Gold is up over 11% year-to-date, driven by factors including central bank buying, geopolitical risks, and uncertainty over US tariffs. Additionally, a price disparity between the US and London has incentivized the shipment of physical gold into New York, further boosting prices. Analysts predict continued gains for gold this year, with Goldman Sachs raising its year-end forecast to $3,100 per troy ounce.

Published on: February 21, 2025, 10:01 PM UTC

Arbor Realty Trust Inc. sees lower earnings and dividends amid apartment complex delinquencies and rising interest rates. Learn more about the impact on the mortgage REIT's loans, CLOs, and REO assets.

Published on: February 21, 2025, 10:01 PM UTC

US stocks post worst day in two months as data misses estimates, inflation fears rise

Published on: February 21, 2025, 10:01 PM UTC

US defense contractors face uncertainty amid policy concerns, falling behind European peers due to concerns over budget cuts and modernization efforts in Europe.

Published on: February 21, 2025, 09:04 PM UTC

Reddit stock (RDDT) has plunged 19% after earnings, despite beating EPS estimates. Traffic from Google Search has recovered, but user growth has declined. CEO Steve Huffman and his trust recently sold $70.5 million worth of shares. The US Federal Trade Commission is investigating Reddit's moderation policies.

Published on: February 21, 2025, 09:03 PM UTC

Rivian reports strong Q4 results with gross profit, lower EBITDA loss, and guidance for 2025. Despite positive results, RIVN stock dipped 3% in early trading on Friday.

Published on: February 21, 2025, 09:03 PM UTC

American consumers' economic outlook dimmed in February, with inflation expectations reaching their highest levels since late 2023 due to concerns over Trump's trade policies. The University of Michigan's consumer sentiment survey showed a 10% decline, with inflation expectations jumping to 4.3% and long-run expectations reaching their highest point since 1995.

Published on: February 21, 2025, 09:02 PM UTC

Tesla and Nissan: Exploring Investment Rumors Amid Merger Talks and Production Speculation

Published on: February 21, 2025, 09:01 PM UTC