Ben Varshkool of Yahoo Finance Reports:

New loan limit was established this week, The start of a debate for months to come about how to prevent a government default.

The parameters of this impending impasse are already making Donald Trump uneasy.

The problem for the president-elect is how events are conspiring — thanks to the encouragement of both Democrats and far-right Republicans — to allow Trump and his allies to take on new government debt that is inevitable. To take action.

Read on More here

Mortgage rates continued their hike last week, reaching nearly 7%.

Yahoo Finance’s Claire Boston reports:

The average 30-year fixed-rate mortgage rose to 6.91 percent Wednesday through Saturday, up from 6.85 percent as of Dec. 26, according to Freddie Mac Data. The 15-year mortgage rate rose to 6.13 percent from 6 percent a week ago.

“Mortgage rates hit their highest point in nearly six months, with mortgage rates down just 7 percent,” Freddie Mac chief economist Sam Khatter said in a statement. “Compared to this time last year, rates have increased and the market has continued to slow.”

This is the third week in a row of rate increases, and the highest level since July.

Read more here.

On Thursday, FBI Deputy Assistant Director Christopher Raya said authorities had found no “definite connection” between Wednesday’s Bourbon Street attack in New Orleans and the Tesla explosion.TSLA) Cybertruck full of fireworks and fuel tanks outside the Trump Hotel in Las Vegas.

Raya said that at this time there is no definite connection between the attack in New Orleans and Las Vegas. Press conference On Thursday morning, he added that the investigation is still at a very early stage.

Earlier on Thursday, CNN Reported The suspect in Wednesday’s Las Vegas cyber truck blast was a US Special Forces soldier.

It was a cyber truck. Rented on an app called Toro.the same service used to rent a car involved in a New Orleans stampede early Wednesday morning.

The Dow Jones Industrial Average (^ DJI) erased early morning gains to hover near a flat line by 11:30 a.m. ET on Thursday.

Boeing shares fallB.AWeighted on the Blue Chip Index. The industrial giant’s stock fell as much as 3.5 percent after the fatal crash of a 737-800 operated by Jeju Air in South Korea on Sunday. But analysts were quick to point out that it was unlikely the incident was related to Boeing’s production challenges last year.

apple (AAPL) Shares edged lower after the iPhone maker offered rare discounts on its latest devices in China.

A man is accused of being connected to the Tesla explosion.TSLAA cyber truck full of fireworks and gasoline in Las Vegas was US military, according to reports A report From CNN

“The man linked to the Tesla Cybertruck rental that exploded outside the Trump Hotel in Las Vegas on Wednesday is a US Special Forces soldier assigned to the 10th Special Forces Group, according to 4 US officials,” CNN reported. Writer Natasha Bertrand wrote On X

“The man is a U.S. Army Special Forces operations sergeant with the rank of master sergeant, an advanced enlistment,” officials said. He was on active duty and on leave from Germany, where he was serving with the 10th Group, three officials said. , at the time of the incident,” the post said.

The cyber truck was rented on an app called Toro, the same service that rented the vehicle involved in the New Orleans crowd run-in on Wednesday morning. Authorities are investigating whether the two incidents are related.

Shares of Tesla fell nearly 6 percent on Thursday morning after the EV giant posted. A reduction in its first annual delivery. The stock is down about 18 percent over the past five trading sessions.

Shares of Tesla hit all-time highs in mid-December to early November during a massive rally following Donald Trump’s victory in the White House.

Shares of Cloudflare (NetThe cloud platform company jumped more than 5 percent on Thursday after receiving a double upgrade from Goldman Sachs.

Analysts said they see a 28% upside in the stock and raised their price target to $140. He upgraded the stock from a buy to a sell recommendation.

Goldman analysts cited “improving sales and marketing productivity cycles” and “new AI inference use cases.”

AI chip heavyweight Nvidia (NVDA) rose more than 2 percent to lead the Nasdaq Composite (^IXIC) more Thursday morning.

Other “Magnificent Seven” stocks also beat (Meta) and Amazon (AMZN) growing at about 2 percent.

Meanwhile, shares of Tesla (TSLA) pared some of the losses that came after the EV giant posted its first annual decline in shipments. The stock fell as much as 6 percent in early trade.

apple (AAPL) stock also fell below session lows. The iPhone maker has made a rare offer. Discounts on its latest models In China, highlighting increasing competition from local device makers.

Stocks rallied on the first trading day of the new year after the holiday break and a 2024 thunderstorm for markets.

S&P 500 (^GSPC) rose 0.5 percent, while the Dow Jones Industrial Average (^ DJI) increased by 0.6 percent. The tech-heavy Nasdaq Composite (^IXIC) jumped but quickly erased early session gains.

Tesla (TSLA) stock fell after the electric vehicle giant I saidT delivered 495,570 vehicles in the fourth quarter of last year, according to Bloomberg data, making 2024 the first year of annual delivery decline since 2011.

Tesla (TSLA) stock fell 3 percent in premarket trading after the electric vehicle giant. I saidt delivered 495,570 vehicles in the fourth quarter of 2024, bringing total deliveries for the full year to around 1.79 million.

Wall Street analysts expected the automaker to deliver about 512,300 EVs, or about 1.8 million vehicles, in the final three months of the year.

In the fourth quarter, Tesla said it produced about 459,000 vehicles.

Tesla (TSLAThe stock rose more than 1 percent for the Elon Musk-led electric vehicle maker as investors prepared to release its fourth-quarter earnings on Thursday.

Wall Street analysts expect the company to report shipments of about 512,300 EVs for the period, bringing its annual deliveries to 1.8 million EVs for fiscal 2024, according to a Bloomberg consensus estimate. According to

If the average analyst forecast is correct, that would mean Tesla’s annual EV deliveries fell 0.3 percent from last year — making 2024 the first year since 2011, according to Bloomberg data. That Tesla EV sales did not increase.

Tesla shares fell more than 3% on the last day of 2024 as the megacap tech stock fell, but the EV company’s stock was up more than 60% for the year.

Tesla warned in 2023 that production growth next year would be “significantly low,” as Prassubramanian noted in his roundup of Tesla’s biggest news in 2024 (You can read that story here.).

Also, Tesla made headlines after a cybertruck exploded outside the Trump Hotel in Las Vegas. A signal to investigate a possible terrorist attack.