Hacker News with Generative AI: Financial News

Oracle misses on earnings and issues weak revenue guidance (cnbc.com)
Neom is reportedly turning into a financial disaster, except for McKinsey and Co (techcrunch.com)
A new WSJ report suggests that Saudi Arabia’s now eight-year-old Neom project — a futuristic, carbon-neutral, 105-mile-long linear city envisioned by Crown Prince Mohammed bin Salman — has become a financial sinkhole.
Tesla sales in Europe down 45% in January (ft.com)
HSBC to exit parts of investment banking business in UK, US and Europe (ft.com)
Tesla reports 1.1% sales drop for 2024, first annual decline in at least 9 years (apnews.com)
Tesla’s global annual sales fell for the first time in at least 9 years, with a 2.3% increase in the final quarter not enough to overcome a sluggish start to 2024 despite offers of 0% financing, free charging and low-priced leases.
Over $170B wiped off crypto as market tanks on Mt. Gox Bitcoin payout fears (cnbc.com)
Changes from Visa mean Americans will carry fewer physical credit, debit cards (msn.com)
Value of one of S.F.'s biggest buildings plunges by 80% after Uber, Block leave (sfchronicle.com)
The Financial Times and OpenAI strike content licensing deal (ft.com)