US Stock Reports, Quotes and News
Investing.com — The blockbuster sale of legendary Paramount Global (NASDAQ:PARA) to David Ellison\’s Skydance Media may be at significant risk of falling short as Sony (NYSE:SONY) and Apollo Global Management (NYSE:APO) prepare to make \”a significantly better offer that will benefit all shareholders of the company,\” an insider told Investing.com exclusively this morning.
Elon Musk\’s recent announcement regarding Tesla (NASDAQ:TSLA)\’s entry into India signals a significant stride towards bolstering the country\’s electric vehicle (EV) ecosystem. Despite India\’s relatively small EV market, comprising only 2% of total vehicle sales in 2023, the potential for growth remains immense. The premium segment, encompassing vehicles priced over US$35,000, constitutes a mere 2% of the market, yet projections indicate a substantial rise in high-income households and overall passenger vehicle sales over the next decade. Here\’s what Morgan Stanley (NYSE:MS) has to say.