When compared to the overall terrible year Tesla has experienced, the company actually had a decent third quarter. However, a decent quarter in 2025 for Tesla still means that the company’s profits fell by 37 percent, despite the company’s revenue growing by 12 percent in that time. Elon Musk’s EV company reported $28.1 billion in revenue for the third quarter …
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Tesla’s profits plunge despite record revenue and deliveries
Tesla said it “achieved record vehicle deliveries globally” for the third quarter of 2025 with a total of 497,099 vehicles delivered. It also reported a record-breaking revenue of $28.1 billion, which is 12 percent higher than the same quarter in 2024. Tesla’s net income, however, slid by 37 percent year-over-year, due to several factors, namely lower EV prices, an increase …
Read More »Magnificent 7 Lead As Recession Odds Plunge
Credit fraud shakes regional banks, while Wall Street giants surge ahead—earnings season exposes a widening gap in resilience and risk. getty The third-quarter earnings season begins its third-busiest week, which includes an earnings report from one of the Magnificent 7. 88 S&P 500 companies are scheduled to report. Notable companies scheduled to release earnings include: Coca-Cola (KO), 3M (MMM), Netflix …
Read More »Whooping Cough Cases Spike in Florida as Vaccination Rates Plunge
Cases of whooping cough are on the rise in Florida, amid a surge in vaccine hesitancy. Semafor reports that the number of diagnoses in the southern state rose by 81 percent between 2024 and 2025. The Tallahassee Democrat reports that as of Sept. 27, 2025, the Florida Department of Health had diagnosed 1,295 cases, up from 715 cases in all …
Read More »Bitcoin, Ethereum Prices Tumble. Cryptos Plunge Toward 3-Month Lows. – Barron's
Bitcoin, Ethereum Prices Tumble. Cryptos Plunge Toward 3-Month Lows. Barron’s Bitcoin Struggles to Find Momentum After Historic Wipeout Bloomberg.com Here’s What Bitcoin Traders Should Watch Out for This Weekend Yahoo Finance Bitcoin And Ether Dropped From All-Time Highs—Here’s Why Forbes Bitcoin Price Slides To $104,000 As Market Fear Hits ‘Extreme’ Levels Bitcoin Magazine Source link
Read More »Bitcoin’s Plunge Below $105,000 Sends Crypto Market Cap to Lowest Level Since July
In brief The total market cap of all cryptocurrencies fell 5.9% to $3.64 trillion Friday morning, its lowest level since July 2025. The sell-off was driven by a “flight to safety” amid fears over U.S. regional bank stability. Liquidations hit $1.09 billion as major altcoins slid, with BNB seeing the largest decline. The cryptocurrency market extended its losses on Thursday, …
Read More »US bank stocks plunge as investors grow uneasy about mounting risks – Reuters
US bank stocks plunge as investors grow uneasy about mounting risks Reuters Stock market today: Dow drops 300 points, S&P 500, Nasdaq slide as regional bank woes hit markets Yahoo Finance Asia-Pacific markets set for lower open as banking and trade fears take hold on Wall Street CNBC Stocks sink on concerns about regional bank loans CNN Banks’ loan-loss ‘cockroaches’ are starting to spook …
Read More »India’s exports to US plunge as 50% tariffs weigh
India’s goods exports to the US, its largest foreign market, dropped sharply by 20% in September and nearly 40% in the last four months, as Trump’s steep tariffs took effect, data shows. September was the first full month of Washington’s 50% tariffs on Indian goods, which kicked in on 27 August. This includes a 25% penalty for Delhi’s refusal to …
Read More »Katie Porter’s viral videos plunge campaign into ‘disaster’ – Politico
Katie Porter’s viral videos plunge campaign into ‘disaster’ Politico Liberal media darling in the hot seat after explosive interview goes viral Fox News Democratic frontrunner for California governor threatens to walk out of interview The Guardian Katie Porter’s cringey viral flub just made the California governor’s race a lot more interesting San Francisco Chronicle California governor candidate Katie Porter cuts off interview after testy …
Read More »Canadian cold shoulder: American distilled spirits exports to Canada plunge amid trade tensions
American distillers have gotten a costly cold shoulder from Canada, where their exports plunged 85% earlier this year — topping broad declines in key international markets amid global trade tensions, a spirits industry group said Monday. Even a thaw in trade relations may not shake this hangover right away. “Even though things have eased up, we still are not back …
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