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Biden’s odds of re-election plummet after dismal debate performance, betting markets show 

President Biden’s chances of winning a second term in the White House plummeted on Thursday after his poor performance in a debate with former President Donald Trump, according to data from political betting markets. The 81-year-old president’s reelection chances plummeted by 15 points in the aftermath of the CNN debate, according to betting site PredictIt.org. […]

American Airlines shares plummet on dismal forecast as CEO vows reset

American Airlines Chief Executive Officer Robert Isom on Wednesday pledged to reset the airline’s sales and distribution strategy after the airline lowered its current-quarter profit forecast despite strong travel demand. The dim outlook caused American Airlines shares to fall 15%, helping to drag down the overall NYSE Arca Airlines Index. Isom blamed the drop in […]

White House blames pandemic, Russia war on Biden’s dismal swing poll numbers

The White House has cited the pandemic and the war with Russia and Ukraine as part of the reason for President Biden’s lagging poll numbers in key battleground states as he concludes the final year of his current term. White House press secretary Karen Jean-Pierre came up with this excuse during Tuesday’s White House press […]

Tesla Stock Surges Despite Dismal Quarter as Elon Musk Promises Affordable EVs by 2025

Tesla shares rose after CEO Elon Musk announced that the company aims to begin producing affordable electric vehicle models by early 2025, or perhaps later this year. Shares rose about 12% in premarket trading Wednesday. This recovery came despite dismal earnings, including a 55% drop in first-quarter net income. CNBC report Despite Tesla’s disastrous first […]

Tesla’s Dismal Q1 Performance Demonstrates Weakness in EV Market

Tesla’s lackluster sales performance in the first quarter of 2024 caught many analysts off guard and signals deeper problems for both Elon Musk’s electric car maker and the EV market as a whole. of wall street journal report Tesla’s first-quarter 2024 car deliveries are shaping up to be a major disappointment, with the company potentially […]