Stock Market Winners & Losers: S&P 500 Rises as Fed Rates Steady | Tesla | $21B Influencer Industry

Stock Market Winners & Losers: S&P 500 Rises as Fed Held Rates Steady | Tesla Guts Supercharger Team in Confusing Move | $21 Billion Influencer Industry Ad Fraud

The S&P 500 rose with the Federal Reserve keeping rates steady. Qualcomm surged 9%, Carvana soared 34%, but DoorDash dropped 13%. Despite inflation signs, Fed Chair Powell ruled out rate hikes.

Tesla laid off its entire 500-person Supercharger team, impacting EV adoption. The $21 billion influencer industry faces ad fraud issues, with fake influencers costing businesses billions. Notable figures like Kim Kardashian have faced investigations.

Additionally, the $21 billion influencer industry is grappling with an ad fraud problem. While influencer marketing has surged in popularity, with spending reaching $21.1 billion in 2023 and projected to hit $24 billion by the end of 2024, it faces challenges. Fake influencers can deceive brands by inflating their metrics, leading to approximately $1.3 billion in losses for businesses due to fraudulent practices. Notable figures like Kim Kardashian, Lindsay Lohan, DJ Khaled, and Naomi Campbell have faced federal investigations or settlements related to influencer marketing.

#RobBlackShow #RobBlack #Stocks #Viral #Trending #stockmarket #Market #Finance #Investing #Investment #MarketsUpdate #News
Learn More https://linktr.ee/RobBlack