Oil drops further as fears of global recession rise

Oil drops further as fears of global recession rise

Stay informed with free updates Simply sign up to the Oil myFT Digest — delivered directly to your inbox. Oil prices dropped further on Monday as US President Donald Trump signalled he would push ahead with sweeping global tariffs despite plunging stock markets and rising fears of recession.  Brent crude fell 2.5 per cent to…

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TSLA, COIN, STLA, PLTR, CAT and more

TSLA, COIN, STLA, PLTR, CAT and more

Check out the companies making headlines in premarket trading. Automakers — Legacy carmakers extended declines as investors worried about the lack of resolution on President Donald Trump’s controversial tariff policy announced last week. Stellantis plunged more than 9%, while Ford slid nearly 3%. General Motors pulled back 5% after Bernstein downgraded the stock to underperform…

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Wall Street’s biggest Tesla bull just raised the white flag, blaming Elon Musk for slashing his price target nearly by half

Wall Street’s biggest Tesla bull just raised the white flag, blaming Elon Musk for slashing his price target nearly by half

Roughly a month ago, Wedbush Securities analyst Dan Ives warned Tesla CEO Elon Musk that patience among his shareholders was “wearing very thin”.  It looked as if it finally snapped, after Wall Street’s most reliable Tesla bull slashed his price target nearly in half, blaming the polarizing CEO for poisoning the well. Moving forward, he…

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