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Posts published in “Finance”

Tesla stock drops on Q4 earnings miss, warns production growth rate will be ‘notably lower’ than 2023

Tesla stock (TSLA) fell 12% on Thursday after the company reported fourth quarter earnings late Wednesday that missed estimates and issued a downbeat full-year production outlook. For the fourth quarter, Tesla reported top-line revenue of $25.17 billion against $25.87 billion expected; revenue rose approximately 3% from a year ago. Tesla reported adjusted EPS of $0.71

Dow slides 200 points to reach session lows as Treasury yields climb: Live updates

Wed, Jan 17 2024 4:06 PM EST Stocks close lower Wednesday U.S. stocks ended Wednesday's trading session in the red. The Dow Jones Industrial Average lost 94.45 points, or 0.25%. The S&P 500 dropped 0.56%, and the Nasdaq Composite fell 0.59%. — Hakyung Kim Wed, Jan 17 2024 3:41 PM EST Health care and REITs

S&P 500 hits new record as technology rally pushes stocks higher

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Dow Jones Futures: Market Shrugs Off Fed Warning As Taiwan Semiconductor, Apple Jump

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Eli Lilly to sell weight-loss drug Zepbound directly to patients and offer home-delivery

Eli Lilly to sell weight-loss drug Zepbound directly to patients and offer home-delivery  AxiosExclusive: How Eli Lilly’s making weight loss drugs more accessible  TODAYA new weight loss drug website just launched by Eli Lilly  NBC NewsWhy WW International Stock Just Dropped 11%  Yahoo FinanceEli Lilly aims for a new high after launching DTC service for weight-loss drugs...

Charles T. Munger, Much More Than Warren Buffett’s No. 2, Dies at 99

Advertisement SKIP ADVERTISEMENT A billionaire himself, he was the witty vice chairman of Mr. Buffett’s powerhouse investment firm Berkshire Hathaway. But he had far more influence than his title suggested. Charles T. Munger in 1988. Warren Buffett described him as the originator of the company’s investing approach: “Forget what you know about buying fair businesses