Tesla’s stock falls as Cybercab launch lands with a thud

The company’s Cybercab rollout won’t be as broad as some investors had hoped.
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Here’s how people are building their nest eggs using ‘rent and invest’ strategies

Also in Weekend Reads: The disrupted bond market, a warning for traders who borrow money, and advice from the Moneyist.
Labor Day marks the start of 'fallcations' as wealthy travelers avoid summer crowds
Wealthy travelers are moving their typical summer getaways to autumn.
The wealth of the world's billionaires reached $15.1 trillion last year, per a new report
The global billionaire count hit a record of 3,795 people last year, with the biggest wealth gains for the richest of the rich, per a recent Altrata report.
Apple possessed the ultimate stock-market superpower under Tim Cook. Can its new CEO step up?

Leadership matters more than visionary ideas.
Adobe just announced its next CEO. Here’s why its stock is dropping.

Incoming CEO Anil Chakravarthy is a company veteran. But another longtime business head will be departing Adobe, potentially foreshadowing further turnover in leadership.
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Snowflake has a secret weapon that’s powering its stock toward a huge gain

The company’s AI-powered coding assistant is driving major sales momentum.



