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President Trump and billionaire Elon Musk’s relationship unraveled in real time, with both men publicly trading barbs for hours. WSJ’s Washington Coverage Chief Damian Paletta explains what’s at stake for two of the world’s most powerful men...
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Tesla (TSLA) shares had their worst day since March, falling 14% on Thursday as the feud between Elon Musk and President Trump continues to heat up...
Continue ReadingTesla's stock surge may not align with its weakening fundamentals, cash concerns, and high valuation. Read here for an analysis of TSLA stock...
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Newsmax stock sank today amid wider sell-offs for "Trump trade" stocks. An intensifying schism between President Trump and Elon Musk appears to have weighed on Newsmax stock. Newsmax's sell-off today may have been an overreaction, but big challenges remain...
Continue ReadingLONDON (Reuters) -Amazon has committed to do more to tackle fake reviews, including sanctioning British businesses that boost their ratings through bogus posts, the country's competition watchdog said on Friday. Following a four-year probe, the Competition and Markets Authority (CMA) said Amazon's undertakings also addressed its concerns about 'catalogue abuse' where sellers use the reviews of well-performing unrelated products to boost ratings and mislead customers. Amazon also committed to robust processes to quickly detect and remove fake reviews and catalogue abuse, the CMA said...
Continue ReadingSome sellers have hijacked the reviews of well-performing products in order to falsely boost the star rating...
Continue ReadingThe CMA investigated Amazon over concerns the retail giant was failing to take adequate action to protect consumers from fake reviews...
Continue ReadingMarket Domination Overtime hosts Julie Hyman and Josh Lipton preview the top market stories and headlines Wall Street will be paying attention to tomorrow, Friday, June 6, including the May jobs report, April's consumer credit reading, and the 2025 Summer Games Fest kicks off, where many video game developers like Sony (SONY), Microsoft (MSFT), and Nintendo (NTDOY, 7974.T) will be in attendance. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here...
Continue ReadingBelow is a list of U.S. regulators who oversee Musk's companies, including automaker Tesla, rocket and satellite company SpaceX, brain implant company Neuralink, social media platform X and construction firm The Boring Company. The Federal Communications Commission in April voted to open a review of the decades-old spectrum sharing regime between satellite systems sought by SpaceX...
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