Tesla’s UK, Germany new car sales at two-year low in April even as EV demand rises

May 6, 2025 | Markets

Summary Tesla’s April car sales drop 62% in Britain, 46% in Germany EV market share for Tesla in Britain falls to 9.3% Revamped Model Y deliveries expected to start in June Tesla’s (TSLA.O) new car sales in Britain and Germany plummeted to their lowest in...

Tesla Sales Plummet Across Europe Even as Model Y Ramps Up

May 6, 2025 | Markets

Tesla Inc. sales kept sliding across Europe’s biggest electric-car markets in April, despite the company rolling out an updated version of its most popular vehicle. The company registered only 512 new vehicles last month in the UK, the Society of Motor Manufacturers...

Citigroup Partners With Swiss Bourse in Private Markets Push

May 6, 2025 | Markets, Private Markets

Citigroup Inc. is partnering with Switzerland’s stock exchange SIX Group AG as part of a push by the Wall Street lender to make it easier for investors to settle and store their private markets holdings. The New York-based bank will use a platform operated by SDX, a...

US financial leaders see private assets coming to more investor portfolios

May 5, 2025 | Markets

Individual investors are likely to see a growing array of financial products containing private credit heading their way in the coming months and years, financial executives said at the Milken Institute’s annual global conference on Monday. While only a handful...

Systematic Funds to Buy Stocks No Matter Which Way Market Swings

May 5, 2025 | Markets

After a historic bout of tariff-driven volatility spurred trend-following systematic funds to sell, commodity trading advisers are once again surfacing as buyers of US stocks. Commodity trading advisers or CTAs, which typically buy stocks as index prices rise and sell...

Wall Street’s Biggest Bull Isn’t Budging on S&P 7,000 This Year

May 5, 2025 | Markets

Wall Street stock market strategists have largely abandoned the lofty expectations they took into 2025, but one bull isn’t budging: Wells Fargo Securities LLC’s Christopher Harvey. He projects that the S&P 500 Index will end the year at 7,007, the same number he...