Market Update: Tesla Falls, Renault Faces $11B Loss, Oracle Soars

Reported about 7 hours ago

Tesla's shares dropped nearly 6% following a significant sales decline in Sweden and Denmark, along with calls for review of its subsidies by Trump. Renault reported a staggering $11 billion loss tied to its Nissan investment as the carmaker struggles with EV sales. In contrast, Oracle's stock surged to an all-time high after announcing lucrative cloud deals projected to generate $30 billion annually starting in 2028.

Source: YAHOO

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