Money

Tesla to adjust prices to vehicles

Published

1 year ago

March 7, 2023

ticker NEWS

This is the fifth time the price has been lowered this year

Tesla has cut its price for its electric vehicles – again.

This is the fifth time the car company has adjusted pricing on its website this year.

The cuts range from four to nine percent this time around.

Tesla is facing challenges from other rivals entering the market and taking share, as well as higher borrowing costs.

In the US, the latest discounts apply to the firm’s more expensive vehicles, the Model S, its sports car, and the Model X, the company’s mid-size sports utility vehicle.

In Europe and the UK, the cuts listed on the website apply to the Model 3 sedan and Model Y.

Money

Warner Brothers & Discovery considers splitting up to boost stock value

Published

1 week ago

July 19, 2024

ticker NEWS

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

1 week ago

July 18, 2024

ticker NEWS

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Money

Netflix expands use of ads despite slow subscriber growth

Published

1 week ago

July 18, 2024

ticker NEWS

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.