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  • Tesla lays off more workers, two senior executives out: Report

    Tesla is reportedly cutting additional jobs and two more top executives are gone after the electric vehicle giant slashed its workforce by 10% earlier this month. The Information reported that Tesla CEO Elon Musk sent an email to executives on Monday evening informing them that senior director of EV charging, Rebecca Tinucci, would be leaving the company on Tuesday, along with nearly all of her 500-person-strong Supercharger team. Tesla's director of vehicle programs and new product...

  • Bernstein says buy Apple while stock price is low

    Investment firm Bernstein is recommending clients buy Apple stock, and expects issues such as declining Chinese demand for the iPhone to be cyclical, especially with an AI iPhone. Apple is dealing with regulatory pressures and other unknowns Bernstein's position goes against that of JP Morgan, which does expect a boost from AI for Apple, but not until 2026 and the iPhone 17. Morgan Stanley has said that it is bullish about Apple, yet it also downgraded its stock price. Now Bernstein...

  • PepsiCo (NASDAQ:PEP) Stock Price Up 0.1%

    PepsiCo, Inc. (NASDAQ:PEP – Get Free Report)’s share price shot up 0.1% on Monday . The stock traded as high as $176.32 and last traded at $175.68. 796,225 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 5,792,084 shares. The stock had previously closed at $175.58. Wall Street […]