🔥 Tesla Crashes, Nvidia Soars & Russia’s Big Play – February 27, 2025

Suit & Times Daily Briefing – February 27, 2025

🔥 Tesla Crashes, Nvidia Soars & Russia’s Big Play

What We're Covering Today:

• Tesla’s stock plunges as European sales crater, shedding $85 billion in market cap.

• Nvidia posts record-breaking earnings, but investors eye AI competition from China.

• Russia extends an olive branch to Western businesses—will they take the risk?

• EPA pushes to roll back climate regulations, igniting controversy.

• Mortgage market hits historic lows, raising concerns about housing affordability.

• MLB tests robot umpires, stirring debate among baseball purists.

• Stephen King’s The Monkey movie adaptation is set to terrify audiences.

📈 Business: Tesla’s Stock Takes a Nosedive

🚗 Tesla’s stock plunged 9% yesterday, hitting $303, as European sales cratered by 45% year-over-year in January. Once riding high at $480 post-election, Tesla has now lost over $85 billion in market cap in a single afternoon. While weak European demand may be a factor, some analysts suggest Tesla’s stock movements are more sentiment-driven than fundamentally sound.

🔍 Why It Matters: Tesla’s valuation has long been tied to Elon Musk’s vision rather than financial metrics. If investor confidence wavers, we could see an even bigger shakeup ahead.

🔗 Read more: Tesla stock tumbles.

🚀 Spotlight Story | 💰 Finance: Nvidia Smashes Expectations, But AI Disruptors Loom

Nvidia beat expectations on quarterly revenue and earnings Wednesday afternoon, further solidifying its dominance in the AI chip industry. The company posted revenue of $39.3 billion for the quarter ending Jan. 26, up 78% from a year earlier, while net income surged 80% to $22.1 billion. Analysts had expected revenue of $38.16 billion and net income of $19.74 billion, according to S&P Capital IQ.

📊 The Takeaway: Nvidia remains the AI economy's backbone, but investors are watching how it weathers competition from China's DeepSeek AI model and manages declining gross margins. The company’s next-gen Blackwell GPU architecture brought in $11 billion in revenue, marking its fastest product ramp ever.

🔎 What We're Watching: Nvidia’s data center segment raked in $35.6 billion, a 93% increase year-over-year, as demand for computing power remains high. However, concerns about China-based DeepSeek’s efficiency and the transition to costlier hardware have led to volatility in after-hours trading. Nvidia also announced its role as a key technology partner in the $500 billion Stargate AI project spearheaded by major tech firms and President Trump.

🔗 Read more: Nvidia earnings report.

🌍 World News: Russia Courting Western Business Again?

🇷🇺 Russia is courting Western businesses once again, three years after mass corporate exodus following the Ukraine invasion. The Kremlin is signaling it wants brands back, but companies that left—like Starbucks (now Stars Coffee) and McDonald’s (now Tasty and That’s It)—might not be eager to return.

⚖ The Big Question: With billions in lost revenue at stake, will Western corporations risk re-entry, or is the Russian market permanently changed?

🔗 Read more: Russia reopens doors to Western firms.

🏛 Politics: EPA’s Controversial Climate Rollback Moves Forward

🌍 The EPA is pushing to repeal the 2009 Endangerment Finding, which classifies greenhouse gases as a public health threat. Critics warn this could gut decades of climate regulations, while supporters claim it will ease burdens on industries.

🗳 Why It Matters: Revoking this ruling could rewrite environmental policy, shaping how the U.S. tackles climate change moving forward.

🔗 Read more: EPA rollback explained.

📉 Economy: Mortgage Market Hits a 30-Year Low—What’s Next?

🏠 Mortgage applications are at a 30-year low, as high interest rates freeze homebuyers out. Housing markets in Canada and California are seeing price corrections, while Boxabl’s new “Boxzilla” factory aims to disrupt the industry with mass-produced, affordable foldable homes.

🏡 Why It Matters: If borrowing costs stay high, demand could plummet, forcing a deeper housing correction.

🔗 Read more: Housing market trends.

🤖 Sports: MLB’s Robot Umpires Stir Controversy Ahead of Season

🤖 MLB’s spring training is debuting robot umpires ahead of a planned 2026 full-season rollout. While automation promises fewer bad calls and faster games, purists argue it removes the human element from America’s pastime.

⚾ What’s Next: The league will assess results before making a final decision.

🔗 Read more: Robot umpires in baseball.

🎬 Entertainment: Stephen King’s The Monkey—Your Next Nightmare Fuel

🧸 If haunted dolls scare you, wait until you see The Monkey. Based on Stephen King’s short story, this film follows a cursed toy monkey that leaves destruction in its wake. Directed by horror master Osgood Perkins, it’s already being compared to Annabelle—but even more terrifying.

🎥 Why You Should Watch: Horror fans, this one’s for you.

🔗 Read more: Stephen King’s The Monkey.

🛍 Tailored For You: Cool Finds & Must-Have Picks

Looking for the best gear, gadgets, and lifestyle upgrades? Check out these top-rated finds:

🕶 Tech Upgrade: Sony WH-1000XM4 Noise-Canceling Headphones – Block out distractions and elevate your work-from-home game. Shop here.

📖 Book of the Month: The 6:20 Man by David Baldacci – A gripping financial thriller full of twists. Get it here.

☕ Morning Boost: Breville BES870XL Barista Express – Make café-quality espresso at home. Check it out.

🎽 Fitness Gear: Nike Air Zoom Pegasus 38 Running Shoes – Comfort and durability for every runner. Buy now.

Learn AI in 5 minutes a day

This is the easiest way for a busy person wanting to learn AI in as little time as possible:

1. Sign up for The Rundown AI newsletter

2. They send you 5-minute email updates on the latest AI news and how to use it

3. You learn how to become 2x more productive by leveraging AI

Sign up to start learning.

💡 That’s it for today’s briefing. Stay sharp, stay informed, and we’ll see you next time!