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Tesla’s share of the US market for electric vehicles has been comfortably north of 60% since 2018. But its lead has been slipping. Though still the dominant player, Tesla’s market share is down from 70.5% in 2021 to 63.5%, according to data from S&P Global Mobility, which tracks registrations of …

The Euro remains supported by ECB officials fighting speculation of a 25 bps hike. S&P Global Manufacturing and Services PMI surveys will likely be a reality check for the strength of the shared currency, economists at ING report. Reality check “Given that part of the recent EUR strength has relied …

* Mexico early January prices exceed market forecasts * Venezuela’s inflation slows to 234% in 2022, vice president says * Brazil inflation slightly higher than forecast in early January * Stocks up 1.1%, currencies up 0.4% (Updates prices, adds economist’s comment) By Bansari Mayur Kamdar and Amruta Khandekar Jan 24 …

A credit downgrade wave has begun to hit the highflying $1.4 trillion U.S. leveraged loan market as the Federal Reserve’s rapid pace of interest rate hikes threatens companies hooked on cheap debt. Companies that don’t qualify as investment-grade, perhaps because of a large debt load or poor credit history, rushed …

Life sciences and medical diagnostics company Danaher (DHR) reported better-than-expected earnings and revenue for the fourth quarter. We view the dip in the stock as unjustified and an opportunity. Revenue increased nearly 10% on a core basis to $8.37 billion, well above estimates of $7.9 billion, according to Refinitiv. Adjusted …