Deutsche Bank shares drop 8% after lender snaps 15-quarter profit streak
Net loss attributable to shareholders was 143 million euros ($155.1 million), against an LSEG poll of analysts which had predicted a loss of 145 million euros.
Elon Musk says he expects China to approve Tesla’s Full Self-Driving by the end of the year
Tesla CEO Elon Musk has again touted the impending rollout of advanced driver-assist software in China, after reporting disappointing earnings.
Chinese EV stocks drop after Tesla’s earnings miss, General Motors delays EV plans
Shares of China’s electric vehicle companies mostly dropped on Wednesday after U.S. giant Tesla’s earnings fell short of analyst estimates.
Chinese EV stocks drop as Tesla’s earnings miss, General Motors delays EV plans
Shares of China’s electric vehicle companies mostly dropped on Wednesday after U.S. giant Tesla’s earnings fell short of analyst estimates.
Elon Musk wants Tesla to invest $5 billion into his newest startup, xAI — if shareholders approve
During the Tuesday earnings call, shareholders asked Musk whether Tesla might invest in xAI and integrate xAI’s software, named Grok, into its vehicles.
Major global chip equipment makers’ China revenue share has doubled since U.S. imposed export controls
Four of the world’s largest chip equipment manufacturers have more than doubled the share of their China revenue since late 2022, Bank of America analysts said.
Trump 2.0 could go ‘nuclear’ on China trade, while economists say Harris would remain tough
Economists and trade experts largely expect Trump would further cut and destabilize trade relations between the world’s two largest economies.
How the ultra-wealthy travel in Paris
CNBC Travel’s First Class explores the top places to stay, eat and spend your time in Paris —with an unlimited budget.
CNBC Daily Open: Nasdaq futures fall as Alphabet, Tesla earnings disappoint
Wall Street slips ahead of megacap earnings. Alphabet’s Youtube ad revenue misses expectations. Tesla slides on weaker-than-expected earnings
Asia markets are mixed as traders assess Japan, Aussie business activity data and U.S. tech earnings
Investors in Asia will also look at tech stocks to see if there is any spillover effect on EV stocks after Tesla earnings missed estimates.