Topics Trending In The Stock Market On June, 11

Estonian ride-hailing unicorn Bolt launched in London on Tuesday.

“London is one of the biggest, most profitable markets for Uber globally and one where it didn’t have a serious competitor, ” Bolt CEO Markus Villig told CNBC.

Embattled electric carmaker Tesla is expected to hold its annual shareholder meeting, where CEO Elon Musk will lay out the challenges facing his company. The California-based automaker will webcast the meeting, scheduled to begin at 5:30 p.m. ET.

Slack, poised for a direct public listing later this month, reported double-digit increases in sales during its fiscal first quarter and a steepening operating loss. Announced total revenue of $134.8 million is 67% higher compared to the same period last year.

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