Vehicle prices continued their downward trend in April as costs continue to moderate from pandemic-era highs.
President Biden quadrupled tariffs on Chinese-made EVs. The catch? Hardly any Americans are buying these cars anyway.
Bridgewater Associates piled into six of the so-called Magnificent Seven megacap U.S. stocks in the first quarter, making an $800 million bet on Google-parent Alphabet while avoiding struggling shares of electric car-maker Tesla, securities filings showed. The hedge fund founded by legendary investor Ray Dalio ended March with 5.4 million shares of Alphabet worth $810.3 million at the end of the first quarter, more than doubling its stake in the company since December.