Money

Elon Musk’s 2024 is already terrible

Published

2 years ago

January 3, 2024

Just 72 hours into the new year, Elon Musk, the renowned entrepreneur and CEO of Tesla and SpaceX, finds himself facing an unexpectedly turbulent start to 2024.

Known for his ambitious ventures and bold statements, Musk’s year took an early hit, leaving many wondering what’s in store for the tech mogul.

The troubles began when SpaceX’s latest Starship prototype, intended for a crucial test flight, experienced a dramatic explosion during pre-launch preparations.

This setback not only delayed the highly anticipated mission but also raised concerns about the feasibility of Musk’s plans for interplanetary travel. SpaceX engineers are now working around the clock to assess the damage and determine the cause of the explosion.

Meanwhile, Tesla, Musk’s electric vehicle company, faced its own share of challenges as it encountered supply chain disruptions that led to production delays and increased costs.

The ripple effects of these issues could potentially impact the company’s ability to meet its aggressive production targets and maintain its competitive edge in the rapidly evolving automotive market.

As Elon Musk navigates these early setbacks, the world watches with bated breath, wondering whether this year will see him conquer new frontiers or if it will prove to be a more challenging journey than he anticipated.

Will Musk’s unyielding determination and innovative spirit be enough to overcome these hurdles, or is he in for a year of unexpected twists and turns?

Money

Commodities surge as oil volatility and metals hit record highs

Oil prices fluctuate due to geopolitical tensions; precious metals soar amid inflation concerns, sparking a commodities rally.

Published

1 day ago

January 16, 2026

Harvey Vargas

Oil prices fluctuate due to geopolitical tensions; precious metals soar amid inflation concerns, sparking a commodities rally.

Global commodities are on the move, with oil prices swinging sharply as geopolitical tensions involving Iran fuel uncertainty across energy markets. Traders are closely watching supply risks and political flashpoints, driving short-term volatility.

Precious metals are stealing the spotlight, pushing to record highs as investors seek safety amid inflation concerns, interest-rate uncertainty and rising global risk. At the same time, industrial metals are surging, supported by demand expectations and tightening supply.

To unpack what this means for markets and investors, we’re joined by Kyle Rodda from Capital.com to break down the key drivers behind this powerful commodities rally.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#Commodities #OilPrices #Gold #Metals #MarketVolatility #Geopolitics #Investing #TickerNews

Money

Stocks slide and Trump cancels talks: What’s next for markets and Greenland?

U.S. stocks dip; S&P 500 down 0.9%, as investors react to weak bank earnings and market volatility.

Published

3 days ago

January 15, 2026

Harvey Vargas

U.S. stocks dip; S&P 500 down 0.9%, as investors react to weak bank earnings and market volatility.

U.S. stocks fell for a second day on Wednesday, with the S&P 500 dropping 0.9% and the Dow Jones losing 164 points. Investors are reassessing record-high levels as major banks report weaker-than-expected earnings.

Wells Fargo shares tumbled more than 5% after disappointing revenue results, while Bank of America is down roughly 7% week to date. Citigroup and Wells Fargo have both seen declines of about 8%, highlighting volatility in the banking sector.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#StockMarket #SP500 #DowJones #BankEarnings #TrumpNews #Iran #Greenland #Geopolitics

Money

U.S. budget deficit falls to $1.67 trillion

US budget deficit falls to $1.67 trillion amid tariffs; implications of corporate taxes and Supreme Court rulings discussed.

Published

3 days ago

January 15, 2026

Harvey Vargas

US budget deficit falls to $1.67 trillion amid tariffs; implications of corporate taxes and Supreme Court rulings discussed.

The US budget deficit has dropped to $1.67 trillion in 2025, the lowest in three years, driven by record customs revenue from President Donald Trump’s tariffs. While this marks a positive shift for the economy, challenges loom with potential Supreme Court rulings on tariffs and falling corporate tax receipts.

David Scutt from StoneX explains the key factors behind the decline in the deficit and what December’s figures reveal about the overall fiscal health of the US.

We also explore the potential implications of upcoming Supreme Court decisions and how the One Big Beautiful Bill Act could impact future deficits. Stay informed on what these changes mean for the economy and markets.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#USBudget #DeficitUpdate #TrumpTariffs #FiscalPolicy #Economy2025 #SupremeCourtImpact #CorporateTaxes #FinancialNews