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Stocks

“Tesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of Earnings”

“…The company’s shares are weathering the longest rout since late 2022, tumbling nearly 19% over the past seven days, amid doubts about its business strategy as sales of electric vehicles slump… Such concerns have driven the stock down nearly 43%… Continue Reading…

Banking, Economy

“European Central Bank to create new tool to address fragmentation risk and temper bond rout”

“The European Central Bank announced Wednesday that it plans to create a new tool to tackle the risk of euro zone fragmentation, in a move designed to assuage fears of a fresh debt crisis. The decision comes after the central bank surprised… Continue Reading…