Tesla shares plunge to wipe out $71 billion in market value, after dour earnings call

View in Browser January 25, 2024 Dow 38,049.13 0.64% S&P 500 4,894.16 0.53% NASDAQ 15,510.50 0.18% Last updated January 25 at 5:15 PM ET     Tesla shares plunge to wipe out $71 billion in market value, after dour earnings call Shares in Tesla plunged as much as 11% after the market opened Thursday, wiping $71 billion off the company's market value hours after it warned of slowing growth in electric car sales and an existential threat from Chinese rivals.    Read full article   Analysis: Crypto fans got what they wanted. So why is bitcoin falling? Cryptocurrencies were rising late last year in anticipation that the first-ever spot bitcoin ETFs would receive regulatory approval. But once they received the go-ahead, bitcoin fell.    Read full article   Extreme greed is back on Wall Street The S&P 500 is tracking towards its fifth consecutive record high, the Dow Jones Industrial Average crossed the 38,000 mark this week for the first time ever, the economy is growing, inflation rates are easing and the artificial intelligence revolution is booming.    Read full article   The 737 Max grounding will cost Alaska Airlines $150 million The grounding of the 737 Max 9 after a January 5 incident that blew a hole in the side of an Alaska Airlines plane earlier this month will cost the airline about $150 million, Alaska announced Thursday.    Read full article   Before part of an Alaska Airlines plane blew off, Boeing had removed and adjusted it, reports say Before the plane took its first flight, Boeing removed and reinstalled the part that blew off an Alaska Airlines flight on January 5, according to reports from the New York Times and the Seattle Times, both citing a person familiar with the matter.    Read full article   Video: See Pepsi operate some of the first Tesla Semi trucks PepsiCo operates about 21 Tesla all-electric Semi trucks as part of a pilot program towards their goal to be carbon neutral by 2040. Here's what they're learning.    Read full article   Today's movers PCSA 5.10 148.78% Processa Pharmaceuticals, Inc. CGON 37.17 95.63% CG Oncology, Inc. VERA 25.31 48.71% Vera Therapeutics, Inc. Class A EPIX 6.80 22.64% ESSA Pharma Inc SWVL 4.18 21.87% SWVL Holdings Corp Class A HLP 2.15 21.25% Hongli Group, Inc. Last updated January 25 at 4:00 PM ET Have feedback? We'd love to hear from you. Send your questions and feedback to marketsnow@cnn.com   You are receiving this newsletter because you signed up for Markets Now. To stop receiving this newsletter, unsubscribe or sign up to manage your CNN account   Learn more about the CNN app |  Get CNN web alerts  |  Sign up for a free CNN account   ® © 2024 Cable News Network. A Warner Bros. Discovery Company. All Rights Reserved. 1050 Techwood Drive NW, Atlanta, GA 30318