The European Commission has significantly reduced the import duty on Tesla vehicles manufactured in China, potentially paving the way for a surge in sales across the region. Chinese EV exports to the EU experienced a sharp decline in response to the proposed tariffs.
Nvidia has ridden Wall Street's mania around artificial intelligence to become one…
KEY TAKEWAYS
The "Magnificent Seven" on Friday notched their fifth consecutive week of losses, the group's longest losing streak since 2022.
The group has been hammered in recent weeks by fears about a U.S. recession fears and overspending on artificial intelligence.
Analysts have mostly characterized the recent selloff as a natural pullback that, to some,…