Tesla delivered 480,126 vehicles in the June quarter, which is a company record, and up 25 percent year-on-year. That is also well past Wall Street's forecast of roughly 406,600 units.
Yet shares tumbled about 7 percent in a textbook sell-the-news reaction after a hot pre-report run.

Tesla's record sales, worst stock day yet

We turn our focus to how markets opened this morning. Asian stocks fell in early trade as concerns over France's political turmoil added to the fear in global markets. Traders anxiously eye policy announcements from major central banks that are due this week.

Traders eye decisions from major Central banks due this week'

Goldman Sachs CEO David Solomon received a big pay hike in 2023, even as the company's profit fell by over 20% last year. Solomon earned $31 million in 2023, up 24% from $25 million in 2022.

Decoding Bankers' pay packages

As traders and investors gear up for trade in the week ahead, a plethora of significant events across global markets is set to unfold, offering valuable insights into economic trends and market sentiment. Here are the key cues to watch out for.

What will trigger markets this week

A new report by Teamlease Edtech is good news for freshers looking for a job. The report states that the intent to hire freshers has risen for the first half of 2024. The report tells you what that means for India's freshers.

Decoded: How freshers can ace the job market

How freshers can ace the job market

A new study reveals that younger generations are rapidly closing the wealth gap with their elders, driven largely by a surge in stock investments. From stimulus checks to savvy investing, our next report delves into the factors propelling this generational change.

Wealth surge for under-40 Americans

In January 2023, Google laid off 12,000 employees, which is 6% of its workforce. This was the largest layoff in the company's history. The layoffs were part of an effort to reduce costs and streamline operations. Most of the employees let go were working on voice-based Google Assistant and the augmented reality hardware team.

Google lays off hundreds of workers across division

In the latest episode of WION's "Billion Dollar Idea" show, we feature Aye Finance, conceived by Sanjay Sharma. Aye Finance goes beyond traditional lending and money by establishing collaborations that empower and fulfill the aspirations of medium- and small-scale businesses. Watch Jasper Reid unravel Sanjay Sharma's leadership at Aye Finance and how his team engages with clients to understand specific business needs to provide tailor-made solutions. For more insights into what Sanjay Sharma hopes as his legacy, tune into the "Billion Dollar Idea" show.

Billion Dollar Idea | Episode 12 | Aye Finance

India emerges as a global investment hotspot, with a notable influx of foreign direct investment in late 2023. The country is poised to extend its momentum into 2024. Despite global uncertainties, deputy managing director & joint CEO of SBI Mutual Fund, DP Singh, shares insights on India's positive investment outlook for the year ahead.

India's Foreign Capital inflows rise

India's economic stability boosts global capital inflows

Is the Junta losing ground in Myanmar? Myanmar's Junta is battling unprecedented opposition alliance & struggling to recruit people amid poor equipment issues. Watch to get more insights!

India may end free movement regime near Myanmar border

The much-watched and trusted U.S. Jobs data this week is expected to show healthy employment growth at the end of December. This underscores views of steady economic growth and waning inflation in 2024.

US Economy: Steady growth & waning inflation in 2024

The world has entered 2024... From policymakers to the general public, everyone is hoping for a stable and growing economy this year. In this report, we tell you five big things that are likely to shape the global economy in 2024.

2024 could be make-or-break year for global economy

Prosecutors have decided not to pursue a second trial against disgraced FTX founder Sam Bankman-Fried.

FTX founder Sam Bankman-fried won't face second trial: US Prosecutors

In 2023, the global economic landscape has seen significant shifts, mirrored by the performance of various currencies. This next report puts the spotlight on the top and worst-performing currencies and decodes what's in store for their economies going forward.

Explained:  What currency movements say about economies

Breaking through the tumultuous waters of international tensions, shipping giants CMA CGM and Maersk are making a bold return to the Suez Canal. The shift comes after a pause in Red Sea routes, with companies opting for longer journeys around southern Africa. Now, as the United States leads a multinational maritime security initiative in response to Houthi attacks, shipping firms are reevaluating the safety of the Suez route.

CMA CGM and Maersk navigate red sea challenges

Chinese regulators announced on Friday a wide range of rules aimed at curbing spending and rewards that encourage video games, dealing a blow to the world's biggest games market, which returned to growth this year.

China announces rules to reduce spending on video games

Russia has bought out another 92 planes from foreign leasing companies. Aircraft leasing company Aercap said the planes have been bought out using money from Russia's national welfare fund. The government had allocated 190 billion roubles or about $2 billion for these purchases.

Government buys out 92 planes from Foreign leasing companies

The US Inflation outlook seemed to improve, but during the recent Federal Reserve meeting, it was revealed that inflation had already hit the central bank's 2% target. This unexpected news led some fed officials to revise their estimates, and now there's a growing consensus that the next six months may not be as inflation-free as initially thought. In simple terms, the US is facing an inflation surprise, and economic forecasts are adjusting accordingly.

US inflation to show FED's battle is now all but complete

China's economic struggles post-pandemic are causing a global stir, as it faces a unique challenge of intensified deflation risks. Lockdowns and supply chain disruptions during heightened global demand led to excess supply when China reopened in 2023, pushing domestic and export prices into deflation. The impact? Plunging export prices, affecting major trading partners and potentially reshaping the world's economic dynamics.

Excess supply freezes China's exports, sending deflationary waves

November saw the lowest foreign investment level in China in over four years. According to Bloomberg, china's foreign capital last month was 53.3 billion yuan or $7.5 billion. That marks a 19.5% decrease from a year ago and the lowest since February 2020.

Foreign investment into China drops to near four-year low

It's a big boost to the European Union's efforts towards sustainable transportation. Electric cars were almost half of all new car sales in the EU this year. But where does Europe stand in the electric vehicle revolution that has swept the world?

European Union: Record e-vehicle sales

Toshiba, a stalwart on the Tokyo exchange for 74 years, undergoes a major shakeup. A $14 billion takeover led by Japanese industrial partners signals a fresh start. From overcoming scandal to a bold digital focus under CEO taro Shimada, Toshiba's transformation is in full swing.

Toshiba's delisting & $14 Bn takeover

A US court entered an order against crypto exchange Binance and its former CEO, Changpeng Zhao, approving billions of dollars in fines for money laundering following a case brought by the U.S. Commodity Futures Trading Commission, the agency said on Monday.

US court approves order for Binance to pay $2.7 billion to CFTC

India's thriving equity sales market is predicted to continue to grow in the next year as investors are drawn away from China. Rising stock prices and high valuations also draw businesses and shareholders looking for funding.

India's booming IPO market to remain buoyant into 2024

Vladimir Putin has been a towering figure in post-soviet Russia. He has been in power since late 1999, shaping Russia's economy in the 21st century.

What ails Russia: Weak Rouble, inflation & stagnant wage

In Argentina, the Central Bank has restricted dollar holdings of banks. The limit set is an effort to deter hoarding ahead of President-elect Javier Milei's devaluation plan. The legislation is effective right away and will last until the end of the year. The new regulation will compel banks to unwind dollars they already hold in their portfolio.

Central Bank restricts dollar holdings of US Banks

There seems to be a big gap between the actions and words of major oil & gas producing nations. A study shows that none of them have plans to eventually stop drilling for those fuels, despite pledging to reach net zero targets.

Study: No major oil & gas producer plans to stop drilling

The prospect of a downgrade to France's credit rating is growing stronger. The latest comes a year after President Emmanuel Macron was warned that the country's credit rating was under closer review. Debt levels remain stubbornly high at about 110% of GDP. That puts the standards set by S&P to maintain its rating to the test. Nearly twelve months after delivering a negative view, it has set friday as the deadline for an update.

Debt levels remain stubbornly high at about 110% of GDP

Zurich and Singapore are the most expensive cities in the world ahead of New York amid the ever-rising cost of living, according to rankings published Thursday by The Economist magazine.

These are the world's most expensive cities

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