Tesla Inc (NASDAQ:TSLA) shares rose over 5% in after-hours trading on Robinhood (NASDAQ:HOOD) Sunday evening following reports from Bloomberg that the upcoming Trump administration will establish a federal framework for fully self-driving vehicles and make it a top priority for the Department of Transportation. The development is seen as a major boon for Tesla.
Open FlipThe U.S. Federal Reserve is no longer expected to cut interest rates at its December policy meeting, Nomura has said, making it the first global brokerage to signal a pause in the central bank's rate-cutting cycle in the wake of Donald Trump's election win. Nomura now expects the Fed to deliver only two 25-basis-point (bp) rate reductions at its March and June meetings in 2025.
Open FlipToday, the shares of Z-Tech (India) company rally and hit the upper circuit and currently are at around Rs 378.70 per share on the NSE. The company’s current market capitalization stands at Rs 484.63 crore. Additionally, the shares have delivered an impressive return of over 240 per cent compared to its final IPO issue price of Rs 110 each.
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