๐จ๐จ๐จ Tesla, Inc. is preparing to lay off 693 workers at its Sparks, Nevada ๐บ๐ธlocation, according to a government filing on April 27.
The downsizing effort represents more than 10% of its total workforce around the world & comes in response to declining sales and increased competition within the electric vehicle market.
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The downsizing effort represents more than 10% of its total workforce around the world & comes in response to declining sales and increased competition within the electric vehicle market.
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๐จ๐จ Stock Market hits highest market concentration since the Great Depression
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๐บ๐ธ Donald Trump's allies plan to reduce the Federal Reserve's independence if he wins 2024 election - Wall Street Journal
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๐จ๐ณ China's ๐บ๐ธ U.S. Treasury holdings have fallen to their lowest level in 15 years ๐๐
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๐ฃ Nvidia $NVDA CEO Jensen Huang:
โWe have reinvented computing for the first time since IBM system 360"
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โWe have reinvented computing for the first time since IBM system 360"
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๐บ๐ธ The United States dollar has lost over 25% of its purchasing power since January, 2020
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๐บ๐ธ Top 1% of U.S. earners now have more wealth than the entire middle class
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๐ BRICS Conducts $260 Billion in Trade Settlements Without the ๐บ๐ธ US Dollar
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๐จ๐ณElon Musk meet China's Premier Li Qiang in unannounced China trip.
Elon Musk wants to rollout Tesla self-driving software and also get permission to transfer Tesla data overseas to train ai models.
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Elon Musk wants to rollout Tesla self-driving software and also get permission to transfer Tesla data overseas to train ai models.
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๐ Key Events This Week (Happy Fed Week!):
1. CB Consumer Confidence data - Tuesday
2. JOLTs Jobs data - Wednesday
3. Fed Interest Rate Decision - Wednesday
4. ISM Non-Manufacturing PMI data - Friday
5. April Jobs Report data - Friday
6. ~20% of S&P 500 companies report earnings
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1. CB Consumer Confidence data - Tuesday
2. JOLTs Jobs data - Wednesday
3. Fed Interest Rate Decision - Wednesday
4. ISM Non-Manufacturing PMI data - Friday
5. April Jobs Report data - Friday
6. ~20% of S&P 500 companies report earnings
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๐บ๐ธ S&P 500's Top 10 Companies account for 34% of the index's market cap, an ALL-TIME HIGH
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๐ฃ Robotaxis will generate 8-10 Trillion in revenues in 2030, half of which will go to platforms like Tesla $TSLA says Cathie Wood
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BREAKING: ๐ฎ๐ฑ International Criminal Court is preparing to issue arrest warrants for Israel's Prime Minister and other top senior government officials.
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NY Times
Israeli Officials Believe International Court Is Preparing Arrest Warrants Over War
The officials said they thought that Prime Minister Benjamin Netanyahu and others could be charged by the International Criminal Court and that the court was also considering warrants for Hamas leaders.
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๐บ๐ธ CNN POLL:
โ President Trump leads Biden 49% to 43% in a two-way race.
โ President Trump leads Biden 42% to 33% including third party candidates.
โ 55% say the Trump presidency was a success. 39% say the Biden presidency is a success.
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โ President Trump leads Biden 49% to 43% in a two-way race.
โ President Trump leads Biden 42% to 33% including third party candidates.
โ 55% say the Trump presidency was a success. 39% say the Biden presidency is a success.
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๐บ๐ธ X/Twitter will become a full-service financial services app as it now has money transfer licenses in 25 U.S. states
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