Tesla fires employees

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Source: Dukascopy Bank SA
Electric Vehicle maker Tesla has fired more than 6,000 employees in California and Texas. The information about the layoffs has become public due to US laws forcing the company to disclose upcoming job cuts.
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Thu, 25 Apr 2024 12:42:32 GMT

Advance GDP impacts markets

Bureau of Economic Analysis has published the US Advance GDP data for the first quarter of 2024. The release shocked the markets by being below expectations. The market consensus forecast was that GDP had increased by 2.5% over the quarter. Actual released data revealed growth of just 1.6%.

Fri, 26 Apr 2024 03:30:04 GMT

NVR reports earnings

The United States homebuilder NVR has reports higher than expected quarterly earnings results, as an offer for fixed mortgage rates has boosted housing demand.

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