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On Monday, Tesla (TSLA.O) shares surged nearly 6.3% following Morgan Stanley’s designation of the company as its “top pick” in the U.S. automotive industry. This notable shift came as the brokerage replaced Ford (F.N) with Tesla, citing significant future growth potential in Tesla’s energy business and a strategic advantage in the zero-emission vehicle credit market. Key Insights from Morgan Stanley: …

On Monday, U.S. stock markets exhibited choppy, range-bound trading as investors anticipated a series of significant upcoming events, including earnings reports from major tech companies, a Federal Reserve policy decision on interest rates, and crucial labor data. Market Performance Highlights Major Indexes: At 11:59 a.m. ET, the Dow Jones Industrial Average (DJI) was down 2.65 points, or 0.01%, at 40,586.69. …

The global financial system is undergoing a profound transformation as the dominance of the US dollar is increasingly challenged by a multi-currency system. This shift, driven by geopolitical tensions and strategic economic policies, signals a significant move towards de-dollarisation. Recent Developments in De-Dollarisation EU’s Controversial Decision: The European Union recently announced plans to use interest earned on frozen Russian assets …