Tesla's Event Fallout

The recent Tesla robotaxi event disappointed investors, leading to a significant drop in the company's market cap, as many felt it prioritized branding over technical advancements. Meanwhile, JP Morgan and Wells Fargo reported lower profits but exceeded analyst expectations, suggesting a potential soft landing for the economy. The S&P 500 celebrates a two-year bull market, raising questions about its longevity as it remains on an upward trajectory.