Good morning. The news outlet/hedge fund Hunterbrook, in its debut article/short sale, sent the stock of United Wholesale Mortgage down 8 per cent. Hunterbrook accused UWS, a mortgage lender, of cultivating loyal mortgage brokers while telling customers they were independent. But all anyone in our business could talk about was whether a new journalism model was taking root. Any thoughts welcome: robert.armstrong@ft.com and ethan.wu@ft.com.
Tesla and the unsettled EV market
Yesterday we wrote about one of two faltering Magnificent 7 stocks, Apple. Today we consider the more severe case, Tesla, which has lost a third of its value this year:
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