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A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, August 29, 2022. Brendan McDermid | Reuters After a tumultuous year for financial markets, Standard Chartered outlined a number of potential surprises for 2023 that it says are being "underpriced" by the market. Eric Robertson, the bank's head of research and chief strategist, said outsized market moves are likely to continue next year, even if risks decline and sentiment improves. He warned investors to prepare for "another year of shaken nerves and rattled brains." related investing news The bear market isn't over, and drawdown has another 25% to go, Wolfe Research predicts Carmen Reinicke 15 hours ago JPMorgan double downgrades Royal Caribbean Group, says it's 'more vulnerable' to macro pressures Sarah Min 17 hours ago Fund manager says a 'turning point' for Big Tech is near. Here's what he's watching Ganesh Rao a day ago The biggest su...

Hundreds of Tesla owners gathered at the automaker's showrooms and distribution centers in China over the weekend, demanding rebates and credit after sudden price cuts they said meant they had overpaid for electric cars they bought earlier. On Saturday, about 200 recent buyers of the Tesla Model Y and Model 3 gathered at a Tesla delivery center in Shanghai to protest against the U.S. carmaker's decision to slash prices for the second time in three months on Friday. Many said they had believed that prices Tesla charged for its cars late last year would not be cut as abruptly or as deeply as the automaker just announced in a move to spur sales and support production at its Shanghai plant. The scheduled expiration of a government subsidy at the end of 2022 also drove many to finalize their purchases. Videos posted on social media showed crowds at Tesla stores and delivery centers in other Chinese cities from Chengdu to Shenzhen, suggesting wider consumer backlash. After Friday’s s...

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, August 29, 2022. Brendan McDermid | Reuters After a tumultuous year for financial markets, Standard Chartered outlined a number of potential surprises for 2023 that it says are being "underpriced" by the market. Eric Robertson, the bank's head of research and chief strategist, said outsized market moves are likely to continue next year, even if risks decline and sentiment improves. He warned investors to prepare for "another year of shaken nerves and rattled brains." related investing news The bear market isn't over, and drawdown has another 25% to go, Wolfe Research predicts Carmen Reinicke 15 hours ago JPMorgan double downgrades Royal Caribbean Group, says it's 'more vulnerable' to macro pressures Sarah Min 17 hours ago Fund manager says a 'turning point' for Big Tech is near. Here's what he's watching Ganesh Rao a day ago The biggest su...