Tesla reports earnings after the Closing Bell Wednesday. Wall Street expects about $3.28 Billion in quarterly revenue and earnings per share loss of $3.12. The report comes on the heels of a major milestone for Elon Musk's other company SpaceX.
SpaceX launched its Falcon Heavy rocket Tuesday, making history by sending the largest rocket into space since 1975. CEO Elon Musk tweeting in response to President Trump, "An exciting future lies ahead." Mashable's Deputy Science Editor Miriam Kramer explains what the scene was like on the ground at Cape Canaveral, FL.
The Food and Drug Administration is asking Congress for new powers, including the ability to mandate drug recalls and require eyedrop makers to undergo inspections before shipping products to the U.S.
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.