MARKET MOVERS

  • Tesla's Investor Day Falls Short of Expectations. During Tesla's recent Investor Day, CEO Elon Musk unveiled his "master plan" for the company, which includes building a sustainable energy economy at an estimated cost of $10 trillion. However, investors who were expecting a major announcement were disappointed with the lack of significant news, resulting in a drop in the stock price. Source(2:01)
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  • British Chip Giant Arm Chooses New York Over London Listing. SoftBank and Arm have decided to pursue a US-only listing of Arm in 2023, choosing New York over London. The move has raised concerns about the competitiveness of the UK stock market and its ability to attract and retain companies.

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