STAT USD Price & Performance (STATUSD)

The Cleveland Cavaliers are set to host the Orlando Magic today, with hopes of securing their 17th consecutive victory. The team has been dominant, while Shai Gilgeous-Alexander of the Thunder continues to shine, averaging 38.6 points in March. The Thunder also face a pivotal rematch with the Bucks tonight.1

Tesla's stock has plummeted nearly 50% since December, driven by declining sales, valuation concerns, and CEO controversies. The company's operating margin now aligns more with traditional automakers, raising questions about its tech-company status. Analysts remain divided on Tesla's future, with price targets ranging widely from $25 to $550.2

The Pakistan Stock Exchange fell by 179 points after the State Bank maintained its policy rate at 12%, contrary to expectations. Investor sentiment was further dampened by global equity sell-offs and uncertainty surrounding IMF talks. However, late-session buying offered some recovery, fueled by strong remittance data.3