Tesla posts disappointing Q4 results

Tesla Q4 results miss estimates with shares falling and then rebounding in after-hours trade. However, CEO Elon Musk remains bullish about the year ahead pointing to advancements in A.I. and self-driving technology. Microsoft sees disappointing cloud sector revenue while Facebook owner Meta beats Q4 expectations despite softer-than-expected forecasts. The U.S. Federal Reserve maintains rates in January as the central bank waits to assess the impact of President Trump’s sweeping policy changes on the economy. Chairman Jerome Powell says he is blocking out all external commentary. And dozens of passengers are feared dead in Washington DC after an American Airlines jet collided with a U.S. military Blackhawk helicopter over the Potomac River.