February 2, 2024

Markets Now February 2. 2024

Chinese stocks are melting down again after worst week in years

Despite recent attempts by Beijing to shore up confidence in the Chinese economy and stem a protracted stock market slump that has wiped out $6 trillion in value in three years, investors are still rushing for the exit.  
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Analysis: These market signals suggest recession fears aren’t gone yet

Stocks just logged a strong first month for 2024. Under the surface, Wall Street isn’t so cheery.  
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23andMe is low on cash and its stock is worth pennies. The CEO wants another chance

Just three years ago, DNA testing company 23andMe was the golden child of Wall Street and Main Street. Today, the company is struggling to remain listed on the Nasdaq.  
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Tesla recalling another 2.2 million vehicles for warning lights that are too small

Tesla is recalling 2.2 million of its vehicles on US roads because the font size of the warning lights on its display is too small according to federal safety regulators.  
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Verdict in Trump New York business fraud could come by mid-February

New guidance from court officials suggests a verdict in the civil fraud case brought by New York Attorney General Letitia James against Donald Trump could come any time in the next few weeks.  
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Mark Zuckerberg made $29 billion this morning after Meta stock makes record surge

Mark Zuckerberg’s net worth increased by more than $29 billion between your morning coffee and your lunch break.  
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Source: CNN Business

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