Posted 1/26/2024, 10:59:00 PM
Tesla Plunges as Musk Warns of Slower Growth; Tech Layoffs Mount as Economy Flashes Mixed Signals
- Tesla stock plunges 13% after CEO Elon Musk warns of slower growth ahead and rising competition from China
- Boeing CEO grilled by lawmakers over ongoing 737 Max safety concerns after recent incident
- Billionaire bond investor Jeffrey Gundlach raises questions about accuracy of US jobs data
- Tech sector layoffs mount with cuts at Salesforce, eBay, Etsy; more may be coming
- US Q4 GDP beats expectations ahead of Fed meeting, potentially complicating rate cut plans