Goldman sees 10% downside for Tesla even after China self-driving progress
The firm also has a neutral rating on the electric-vehicle maker.
Dubai’s new airport will be five times the size of its current one and aims to be the largest in the world
Dubai’s Al Maktoum International Airport will be the biggest in the world once completed.
5 things to know before the stock market opens Tuesday
Here are the most important news items that investors need to start their trading day.
Eli Lilly beats on quarterly profit, hikes full-year guidance on strong sales of Zepbound, Mounjaro
Zepbound reported $517.4 million in sales for the quarter, even as most doses of the drug slipped into shortages in the U.S.
Tuesday’s analyst calls: Nvidia to get a boost from new chip, Ralph Lauren poised to jump, banks react to Tesla news
This is CNBC Pro’s live coverage of Tuesday’s analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.
‘An intense five years’: Read HSBC CEO Noel Quinn’s surprise resignation statement
HSBC CEO Noel Quinn said it is “now the right time for me to get a better balance between my personal and business life.”
Biden administration to require advanced safety tech on all new cars and trucks
The Transportation Department projects the new rule could save 360 lives a year and prevent 24,000 injuries.
Binance’s billionaire founder to find out if prison time is coming — here’s what lawyers are expecting
Binance founder Changpeng Zhao will find out in a federal courtroom in Seattle whether he will be spending time in prison.
Walmart launches new grocery brand, as it tries to hang on to inflation-fueled growth
The nation’s largest grocer sees room to build on its inflation-fueled grocery gains.
Euro zone inflation steady at 2.4%, keeping June rate cut in play as economy returns to growth
Price rises in the 20-nation euro area held steady at 2.4% in April, while the economy returned to growth in the first quarter.