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Tesla, the electric vehicle manufacturer, has announced that it will be laying off 285 employees in the state of New York as part of a broader restructuring plan. This decision comes after CEO Elon Musk sent out a company-wide memo stating that more than 10% of the global workforce would be reduced. The majority of
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As an investor, it is essential to always be on the lookout for opportunities to diversify your portfolio and mitigate risks. One way to do this is by considering steady growth stocks that have a low correlation to high-flying stocks like Nvidia. Trivariate Research’s Adam Parker recently highlighted the importance of looking for alternatives to
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The college admission cycle this year has been particularly difficult for students due to financial uncertainties. National College Decision Day is rapidly approaching, but many students are still unsure about their financial situation. The Free Application for Federal Student Aid has been plagued with problems, causing delays in the processing of financial aid award letters.
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As Tesla CEO Elon Musk announced plans to reveal a new robotaxi product in August, it has come to light that Tesla has not applied for the necessary permits from two California agencies that regulate robotaxis. The lack of permits raises questions about the timeline for getting a robotaxi service up and running in the
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Despite facing external and internal doubts and pressures over the past year, Alibaba underwent a historic overhaul with sweeping management changes. The company’s goal was to return to growth under the leadership of founder Jack Ma. Ma recently praised the company’s reorganization, highlighting the birth of a strong and courageous team within Alibaba. This restructuring
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