Despite making a splash with its highly anticipated Cybertruck, Tesla’s recent performance metrics reveal a more sobering reality. The company managed to deliver only around 15,000 units in the fourth quarter and estimates suggest total annual deliveries were between 35,000 to 40,000. This figure starkly contrasts with the massive initial claims of 2 million orders.
Wall Street
The recent tragedy involving a Jeju Air Boeing 737-800 has sent shockwaves through South Korea and the global aviation community. On a fateful flight from Bangkok to Muan County, the aircraft failed to deploy its landing gear, overshooting the runway and resulting in a catastrophic explosion that claimed 179 lives. The disaster marked the deadliest
On a chilly Thursday evening, the U.S. stock index futures showed signs of stabilization after a turbulent session that had left investors feeling uneasy as the new year commenced. The declines in major tech companies like Apple and Tesla significantly impacted Wall Street’s performance, indicating a cautious mood among traders as they approached the financial
As 2024 drew to a close, Asian stock markets exhibited a noticeable downturn, mirroring the lackluster performance observed on Wall Street. This decline was particularly evident following a disappointing year-end rally, often referred to as a “Santa Rally.” The optimism usually associated with the holiday season failed to materialize, contributing to an overall negative sentiment
In a significant geopolitical development, the flow of Russian natural gas through Ukraine towards Europe ceased on January 1, 2025, as the transit agreement between Moscow and Kyiv came to an abrupt end. This transition marks a poignant chapter in the turbulent relationship between the two nations, which has been fraught with tension and conflict
As we enter the final trading day of the year, the U.S. stock market showcases a notable resilience with its main indices showing gains despite facing various economic pressures. The performance of the markets provides key insights into investor sentiment and projections for the upcoming year. On Tuesday morning, the S&P 500 surged by over
On Monday, a significant downturn was observed in the stock performance of Jeju Air, a leading budget airline in South Korea. The airline’s shares plummeted to an unprecedented low following an unfortunate incident that resulted in the death of 179 passengers and crew members. As trading began, the airline’s stock faced an immediate decline, dipping
As the trading year draws to a close, European stock markets have experienced a slight downturn. On the last full trading day of 2024, investors are seen taking profits after a generally successful year for equity markets on the continent. The German DAX index has remained mostly unchanged, the French CAC 40 observed a minor
The recent catastrophic incident involving Jeju Air Flight 7C2216 has left many grappling with the stark realities of aviation safety and risk management. The crash, which resulted in the loss of 179 lives out of 181 people onboard, raises critical questions regarding both the circumstances leading up to the incident and the overarching implications for
The Saudi Arabian stock market exhibited a positive trend on Sunday, reflecting investor confidence notably in the sectors of Real Estate Development, Insurance, and Energy & Utilities. The Tadawul All Share Index, which acts as a benchmark for the Saudi market, concluded the day with an uptick of 0.28%. This increment indicates a resilient market