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Tesla shares suffer New Year’s hangover on demand worries, delivery issues

The stock is the first loser in the S&P 500 on the first trading day of 2023 Selloff removes $50 billion from market capitalization Tesla misses fourth-quarter vehicle delivery estimate The electric vehicle company is still the world’s most valuable automaker Jan 3 (Reuters) – Tesla Inc. (TSLA.O) Stocks kicked off 2023 with a thud, …

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U.S. stocks drop on recession fears, Nasdaq closes at new bear market low

Tesla gains 3.3% in choppy trade Southwest Airlines slips 5.2% on government review Indices down: Dow 1.1%, S&P 500 1.20%, Nasdaq 1.35% Dec 28 (Reuters) – Major Wall Street indexes weakened on Wednesday, with the Nasdaq hitting a 2022 closing low, as investors grappled with mixed economic data, a rise in COVID cases in China …

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Wall Street ends up with help from Nike, FedEx and consumer sentiment

Consumer confidence rebounds in December Data shows lower home sales in November Nike jumps on strong second-quarter results FedEx soars on cost-cutting plans Indices up: Dow 1.60%, S&P 1.49%, Nasdaq 1.54% Dec 21 (Reuters) – All three major Wall Street stock indexes closed higher on Wednesday for their biggest daily gains so far in December …

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Wall St closes slightly higher after four-day sell off

BOJ policy change rattles global sentiment Tesla drops 8% after brokers cut PT Energy stocks lead gains on crude support Indices up: Dow 0.28%, S&P 0.10%, Nasdaq 0.01% Dec 20 (Reuters) – Wall Street closed slightly higher on Tuesday after four sessions of declines, but investors worried about weak holiday buying and rising bond yields …

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United Airlines makes big Boeing order, includes 100 787 Dreamliners

NORTH CHARLESTON, SC/CHICAGO Dec 13 (Reuters) – United Airlines (UAL.O) said on Tuesday that it is ordering 100 Boeing (TO FORBID) 787 Dreamliners and 100 737 MAX as it pushes for post-pandemic growth and replaces older, less efficient planes. The Chicago-based airline’s 200-plane order is worth around $43 billion at list prices and represents a …

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Musk delivers first Tesla truck, but no update on output, pricing

Tesla ships first Semi to PepsiCo five years after unveiling it No details on electric truck controls or capacity Semi uses existing Tesla motors to come up with a new Supercharger Dec. 1 (Reuters) – Tesla Inc. (TSLA.O) CEO Elon Musk delivered the company’s first Semi-Durable to PepsiCo on Thursday (PEP.O) without offering up-to-date forecasts …

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Florida pulls $2 bln from BlackRock in largest anti-ESG divestment

Dec 1 (Reuters) – Florida’s chief financial officer said on Thursday his department would withdraw $2 billion from its assets managed by BlackRock Inc. (BLK.N)the largest such divestment by a state opposed to the asset manager’s environmental, social and corporate governance (ESG) policies. The move will hardly affect BlackRock’s $8 trillion in assets and drew …

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