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...That marks Tesla’s first year-on-year quarterly drop since the start of 2020....
...Instead, what the chief executive offered — alongside even worse than expected first-quarter profits and the company’s first cash outflow since the start of the pandemic — was a classic Muskian fudge....
...Investment banking revenue increased despite a “decline in global fee pools”, said Nomura, with a particularly strong performance in Japanese equity capital markets....
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...Tesla investor Christopher Tsai from Tsai Capital said that while he expected competition for electric vehicles would intensify and that Tesla would lose market share, “we also believe the company will increase...
...Its US business delivered its first full year of profitability last year....
...TGI Fridays — short for Thank Goodness It’s Friday — began in New York in 1965, and opened its first UK restaurant in Birmingham in 1986....
...Despite the woes of its manufacturers, Germany’s PMI reading rose above the 50 mark that separates growth from decline for the first time in 10 months....
...Shah Capital now owns 6.7 per cent of Novavax, having first bought into the company in the last quarter of 2022....
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