We also saw a ton of incredible new gadgets, laptops, phones, tablets, electric vehicles, and yes, even a few cool new robots. What we didn't see, however, is a couple of services and products that were promised for 2024,

The benchmark S&P 500 is down about 4% from its December record high as weak Tesla vehicle deliveries and iPhone discounts in China spooked investors to start 2025.

For a second year in a row, the Magnificent Seven led the market in terms of both earnings growth and stock performance. So what's next for the group of tech stocks?

Friday’s edition of Forbes Daily covers the S&P 500’s losing streak, Greyhound’s turnaround, ‘a mirage’ at Carvana, 2024’s top career crashes and comebacks and more.

The average 30-year fixed-rate mortgage rose to 6.91% in the week through Wednesday, from 6.85% as of Dec. 26, according to Freddie Mac data. 15-year mortgage rates jumped to 6.13% from 6% a week earlier.

For the first time ever, Tesla has reported a decline in deliveries, causing stock prices to dip.

Apple has long been working on the next generation ... Well, it certainly won't happen in 2024. Tesla's cheaper car, Robotaxi, and unsupervised FSD The fact that we didn't get any of the above ...

The weakness in the megacap stocks of Tesla and Apple weighed on the broader market. Tesla fell more than -6% Thursday after it reported fewer than-expected Q4 auto deliveries. Also ...

Musk has been camping out at Mar-a-Lago, aiming to bend the president-elect's ear, and the market is hopeful that the Trump administration could streamline rules around autonomous vehicles (AVs) that will make it easier for Tesla to deploy its new Cybercab and lead the transition to AVs.

Stocks kicked off the first trading day of the year by opening higher, only to see the gains erased as the day wore on.

Tesla sales for 2024 declined for the first time in 10 years despite enticing financing offers and low-priced leases. CBS MoneyWarch correspondent Kelly O'Grady has more on the alarming trend. Also, Apple settles a lawsuit over user privacy.

Even though Tesla stock soared last year because of the potential of its FSD technology, EV sales still account for 79% of the company's revenue. Therefore, if this part of its business isn't performing, it becomes hard to justify further upside in its stock price (more on that later).