Investments and Business

July 27, 2024

Tesla's margins suffer from EV discounts and heavy AI spending

Ava Martinez

BEVERLY HILLS, CALIFORNIA — At the Milken Institute Global Conference, Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., spoke about the current challenges Tesla is…

Investments and Business

July 27, 2024

'Deadpool & Wolverine' Set to Break R-rated Box Office Records

Ava Martinez

Ryan Reynolds and Hugh Jackman return to the Marvel Universe in “Deadpool & Wolverine,” a film set to make history this weekend as it debuts with an R rating in…

Investments and Business

UK regulator fines Coinbase's UK arm .5 million for high-risk customer breaches

July 27, 2024

UK regulator fines Coinbase's UK arm $4.5 million for high-risk customer breaches

Ava Martinez

Coinbase’s UK subsidiary has been fined £3.5 million ($4.5 million) by British regulators for breaching an agreement aimed at preventing the cryptocurrency exchange from taking on high-risk customers. The Financial…

Investments and Business

July 26, 2024

US economy expands 2.8% in second quarter, beating expectations

Ava Martinez

The U.S. economy posted robust growth in the second quarter, driven by strong consumer and government spending, along with a significant increase in inventories, according to an initial estimate from…

Investments and Business

July 26, 2024

Starliner crew mission delayed until August, NASA says

Ava Martinez

NASA has announced that Boeing’s Starliner spacecraft will remain docked with the International Space Station (ISS) until August as the agency and Boeing address issues that arose early in the…

Investments and Business

July 26, 2024

Corey LaJoie to Leave Spire Motorsports After 2024 Season

Ava Martinez

Corey LaJoie, currently 28th in the NASCAR Cup Series standings, will not return as the driver of the No. 7 Spire Motorsports car at the end of the 2024 season.…

Investments and Business

July 26, 2024

After Hours Market Movers: Dexcom, Coursera, Deckers Outdoor and More

Ava Martinez

Here are some stocks that saw significant moves in after-hours trading: Dexcom Dexcom shares jumped after their quarterly earnings report beat Wall Street expectations. The company, known for its continuous…

Investments and Business

July 26, 2024

Stellantis reports significant drop in first-half earnings due to weak U.S. sales

Ava Martinez

Stellantis, the multinational automaker behind brands including Jeep, Dodge and Chrysler, announced a 48% drop in net profit for the first half of 2024, mainly due to declining sales and…

Investments and Business

July 26, 2024

Coco Gauff Named Team USA Flagbearer for Paris Olympics

Ava Martinez

Coco Gauff has been chosen to carry the Team USA flag at the 2024 Paris Olympics opening ceremony, becoming the first tennis player to receive the honor. She will share…

Investments and Business

July 25, 2024

AMC Reports Second-Quarter Revenue, Profit Drop Amid Strike-Related Movie Delays

Ava Martinez

NEW YORK — AMC Entertainment on Wednesday warned investors of significant declines in key second-quarter financial metrics that led to a more than 7% drop in its stock price. The…

Investments and Business