Stock Market Winners & Losers: Nasdaq Edges Higher as Tesla Shines | Tesla Up on News Trump to Relax US Self-Driving Rules | Jake Paul Handles Mike Tyson While Netflix Buckled
Stocks kicked off the week lower as the S&P 500 reversed half of its Trump rally, with tech leading the losses. Strong economic indicators tempered hopes for rate cuts, while investors await Nvidia’s results for AI trade insights. Tesla shares jumped 8% on news of a federal framework for self-driving vehicles, a priority for Trump’s team, which could benefit Tesla despite Musk’s robotaxi delays. Rumors suggest Trump may end EV tax credits, favoring Tesla over Ford and GM, which lose money on EVs.
Netflix’s livestreamed YouTuber vs. ex-champ boxing match broke records with 65M concurrent streams, beating major sports finals in viewership. Gate receipts hit $18M, but 500K users reported issues, raising concerns ahead of Netflix’s NFL Christmas Day streams. The platform continues to expand live sports, hosting WWE Raw in January after broadcasting record-breaking women’s boxing with 50M viewers.mas Day streams. The platform continues to expand live sports, hosting WWE Raw in
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