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Ozempic maker takes biggest rival to court over weight-loss drug ads●Are employers hiring for today's labour market or the one they already know?●Crypto's institutional influx has killed the memecoin craze●A $5 billion cluster has formed in bitcoin options. It tells a bullish story●Bank of Baroda Q1 results: Profit comes at ₹1278 crore●Saudi Crude Tanker Goes Dark to Slip Through Bab el-Mandeb●Cash Value Explained: The “Hidden” Power of Permanent Life Insurance●Saadia Zahidi: Meet Harvard Kennedy alumni named IATA’s first female Director General●Ozempic maker takes biggest rival to court over weight-loss drug ads●Are employers hiring for today's labour market or the one they already know?●Crypto's institutional influx has killed the memecoin craze●A $5 billion cluster has formed in bitcoin options. It tells a bullish story●Bank of Baroda Q1 results: Profit comes at ₹1278 crore●Saudi Crude Tanker Goes Dark to Slip Through Bab el-Mandeb●Cash Value Explained: The “Hidden” Power of Permanent Life Insurance●Saadia Zahidi: Meet Harvard Kennedy alumni named IATA’s first female Director General●

Asia

Elon Musk loses $19 billion after Tesla shares plunge 14%. What’s spooking investors?

Markets-Economic Times · 1h ago · 🇮🇳 India

Elon Musk loses $19 billion after Tesla shares plunge 14%. What’s spooking investors?

Tesla shares experienced a significant drop of over 14% on Thursday. This decline followed the company's quarterly earnings report which failed to impress investors. Higher operating expenses and accelerated AI spending impacted Tesla's profitability negatively. The automaker's substantial capital expenditure plans also contributed to investor concerns. Elon Musk's net worth saw a considerable reduction due to the stock's performance.

Read the full story at Markets-Economic Times →

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