Tesla rolls out global customer referral program as EV price war heats up

(Reuters) – Electric-vehicle maker Tesla (NASDAQ:TSLA) rolled out a new program globally allowing buyers to earn extra incentives through referrals…

Twitter rival Threads overtakes ChatGPT as the most rapidly downloaded app ever – BofA

Bank of America analysts reiterated a Buy rating on Meta Platforms (NASDAQ:META) after Threads – a Twitter rival launched on…

Levi Strauss drops 8% after cutting annual guidance on macro pressure; analysts lower numbers

Levi Strauss (NYSE:LEVI) cut annual guidance on Thursday, after second-quarter earnings beat Wall Street expectations, but sales were pressured by…

Exclusive-China to end Ant Group’s regulatory revamp with fine of at least $1.1 billion-sources

(Reuters) -Chinese authorities are likely to announce a fine of at least 8 billion yuan ($1.1 billion) on Ant Group…

Bank of America sees headline inflation falling to 3.1% in June

Bank of America economists expect headline inflation to fall to its lowest levels since March 2021. BofA sees headline CPI…

India stocks lower at close of trade; Nifty 50 down 0.85%

India stocks were lower after the close on Friday, as losses in the Power, Fast Moving Consumer Goods and Real…

Goldman Sachs sees more upside for S&P 500 this year

Goldman Sachs strategists weighed in on the S&P 500 rally with the index returning ~17% in the first half of…

Dow futures flat; payrolls release prompts caution

U.S. stock futures traded largely unchanged Friday, as investors await the release of the widely-watched monthly jobs report as it…

Crypto exchange Binance hit by executive exodus

(Reuters) – A string of executives have quit Binance, according to their tweets and media reports, the latest blow for…

Alibaba shares rise on report China to fine Ant Group, concluding probe

U.S.-listed shares in Alibaba (NYSE:BABA) rose in premarket trading on Friday, boosted by a Reuters report that the Chinese government…