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Stock Market News: Ford cuts prices, Tesla’s cybertruck out, China’s economy slows

Earnings season kicks into high gear this week with Netflix, Tesla and AT&T on the docket, China’s economy is slowing, Ford slashes prices on the F-150 Lightening as Tesla rolls out its Cybertruck and Microsoft and Sony strike deal to keep ‘Call of Duty’ of PlayStation as merger with Activision moves ahead. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.

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Breaking News02:40 PM, July 17, 2023

Meta's Mark Zuckerberg

Mark Zuckerberg, CEO of Facebook parent Meta, could be facing some legal troubles as the House Judiciary Committee ups the pressure on the company to provide documents related to alleged censorship. 

Meta Platforms Inc.
$
309.91

Posted by FOX Business Team
09:39 AM, July 17, 2023

A look at credit card debt

JPMorgan and Citigroup executives all noted an uptick in credit card borrowing, which so far, is not a problem for the banks but it is raising some red flags with interest rates expected to keep climbing.

SymbolPriceChange%Change
JPM$149.770.900.60
C$45.75-1.93-4.05
WFC$43.56-0.15-0.34
AXP$173.39-0.85-0.49
BAC$29.11-0.56-1.89

Posted by FOX Business Team

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