We also saw a ton of incredible new gadgets, laptops, phones, tablets, electric vehicles, and yes, even a few cool new robots. What we didn't see, however, is a couple of services and products that were promised for 2024,

The benchmark S&P 500 is down about 4% from its December record high as weak Tesla vehicle deliveries and iPhone discounts in China spooked investors to start 2025.

Friday’s edition of Forbes Daily covers the S&P 500’s losing streak, Greyhound’s turnaround, ‘a mirage’ at Carvana, 2024’s top career crashes and comebacks and more.

The average 30-year fixed-rate mortgage rose to 6.91% in the week through Wednesday, from 6.85% as of Dec. 26, according to Freddie Mac data. 15-year mortgage rates jumped to 6.13% from 6% a week earlier.

For the first time ever, Tesla has reported a decline in deliveries, causing stock prices to dip.

For a second year in a row, the Magnificent Seven led the market in terms of both earnings growth and stock performance. So what's next for the group of tech stocks?

Even though Tesla stock soared last year because of the potential of its FSD technology, EV sales still account for 79% of the company's revenue. Therefore, if this part of its business isn't performing, it becomes hard to justify further upside in its stock price (more on that later).

Elon Musk had an eventful 2024, what with his hard push into right-wing politics and leveraging his X social media platform and considerable influence to

In a note to clients on Sunday, Jefferies analyst Steven G. DeSanctis estimated that for 2025, the Sweet 16 would show an aggregate earnings increase of 21.5%, with a median increase of 15.8%. For the rest of the S&P 500, he estimated earnings would increase by 10.6%, with a median increase of 8%.

Investors at brokerage Charles Schwab increased their equities holdings in December, and it seems they can't enough of Nvidia stock. The tech titan was their top pick for the month, and other familiar tech names were popular as well.

The Xpeng G6 is like a Tesla Model Y with the benefit of hindsight, bettering its big rival in many key areas especially quality and comfort. It shows that Xpeng could be Tesla’s biggest challenger ye

Among Nvidia, Apple, Microsoft, Amazon, Alphabet, Meta Platforms, and Tesla, there's a phenomenal bargain hiding in plain sight, as well as a highflier that may be more than fully valued.