Tesla stock rallies as US boosts EV tax credit and China sales jump amid price cuts

Tech Insider
Elon Musk in front of a Tesla
Elon Musk in front of a Tesla

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Russia is smashing open its $45 billion piggy bank of Chinese yuan as energy revenue crashes

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Russian President Vladimir Putin meets Chinese President Xi Jinping at BRICS Summit in Brasilia
Russian President Vladimir Putin and Chinese President Xi Jinping.

Mikhail Svetlov/Getty Images

Billionaire investor Ray Dalio says cash is a better investment than stocks and bonds as the Fed sticks to its rate-hike plan

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Ray Dalio
Ray Dalio.

YouTube / Rich Talk

Elon Musk bemoans selling Tesla stock to buy Twitter - and pokes fun at Michael Burry for deleting his profile

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Elon Musk
Elon Musk.

Bill Pugliano/Getty Images

Activist investor Ryan Cohen is building a big stake in Nordstrom, report says. The retailer's stock has surged 37% on the news.

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Chewy co-founder and former CEO Ryan Cohen
Ryan Cohen.

Courtesy of Chewy.com

BlackRock has more than $100 million exposure to Adani's dollar debt, report says

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blackrock
BlackRock has one of the biggest known exposures to Adani's dollar debt, per Bloomberg.

REUTERS/Eric Thayer

Adani's crisis is casting a cloud over India — and it could benefit China, which is just reopening after 3 years of COVID isolation

Tech Insider : Politics
Indian Prime Minister Narendra Modi (R) with Chinese President Xi Jinping (L).
Indian Prime Minister Narendra Modi with Chinese President Xi Jinping.

Mikhail Svetlov/Getty Images

Gautam Adani lost $52 billion in 6 days. That's over 3 times what Sam Bankman-Fried lost in a similar timeframe.

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Founder and chairman Of Adani Group, Gautam Adani.
Gautam Adani has lost $52 billion over six trading days after a collapse in his companies' share prices.

Ramesh Dave/Mint via Getty Images)

Mark Zuckerberg's net worth spikes a record $12.5 billion as Meta's cost-cutting plans send shares soaring

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Mark Zuckerberg smiles while walking outside at 2021 Sun Valley conference
Gains in Meta's share prices are boosting Mark Zuckerberg's net worth this year so far.

Kevin Dietsch/Getty Images

US stocks trade mixed but Nasdaq surges ahead of fresh mega-cap tech earnings

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Tim Cook Apple sitting on a red chair
Apple CEO Tim Cook

Jerod Harris/Getty Images Entertainment

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