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https://www.wsj.com/articles/whats-news-business-finance-d9b85dcd

What’s News: Business & Finance

Tesla felt the pain of a recent wave of price cuts, as a reduction in the average price of its cars contributed to a 24% decline in first-quarter profit at the electric-vehicle maker.

Morgan Stanley’s investment-banking revenue sank 24% in the latest quarter and the company’s results fell but beat estimates. Executives said they are focused on expense management.

What's News

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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.