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Tesla Under Investigation for Securities & Wire Fraud, Reddit Stock Soars as Revenue Pops

The Rundown

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Introduction

This chapter covers a daily market update, touching upon earnings reports from Reddit and Uber, news involving Tesla and the Justice Department, and a worrying decrease in foot traffic at movie theaters. It also reflects on the recent performance of stock market indices, emphasizing the positive trend in May amid the ongoing earnings season and anticipation of reports from major companies.

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