Market updates

The Magnificent 7 Have the Blues - Except Tesla
September 03, 2024 09:32 PM AEST| By EODHDThe Magnificent Seven group of major technology companies that have driven the stock market’s rally over the past couple of years were struggling early Tuesday, with the exception of electric-vehicle...

Teck Resources Launches New Business Structure, Changes Executive Leadership
September 03, 2024 08:28 PM AEST| By EODHDTeck Resources Launches New Business Structure, Changes Executive Leadership

Walt Disney, DrecTV Blame Each Other for Service Outage
September 03, 2024 08:25 PM AEST| By EODHDWalt Disney, DrecTV Blame Each Other for Service Outage

US voters targeted by Chinese influence online, researchers say
September 03, 2024 08:20 PM AEST| By EODHDBy Christopher Bing and Katie Paul (Reuters) - A Chinese social media influence operation is impersonating U.S. voters, denigrating U.S. politicians and pushing divisive messages ahead of the Nov. 5 p...

Apple to completely switch to OLED for iPhone display from 2025, Nikkei says
September 03, 2024 07:56 PM AEST| By EODHDTOKYO (Reuters) - Apple will use organic light-emitting diode (OLED) displays for all iPhone models sold in 2025 and afterwards, moving completely away from liquid crystal displays (LCDs), Nikkei busi...

Market Chatter: Tesla to Produce Six-Seat Variant of Model Y in China From 2025
September 03, 2024 07:48 PM AEST| By EODHDMarket Chatter: Tesla to Produce Six-Seat Variant of Model Y in China From 2025

The Day Delta’s ‘On-Time Machine’ Broke, and the Blame Game It Sparked
September 03, 2024 07:30 PM AEST| By EODHDAfter the CrowdStrike outage grounded thousands of flights, CEOs from the airline and software companies are sparring over footing the bill. Continue reading View comments

Clearview AI fined by Dutch agency for facial recognition database
September 03, 2024 06:20 PM AEST| By EODHDAMSTERDAM (Reuters) - U.S. facial recognition company Clearview AI has been fined 30.5 million euros ($33.71 million) for building what Dutch data protection watchdog DPA said on Tuesday was an illega...

Boeing Investors Weigh Cost of a Strike as Clock Ticks on Contract
September 03, 2024 04:30 PM AEST| By EODHDA costly strike could be just over the horizon for Boeing leaving the company with an unpleasant choice. As of Friday, serious labor contract negotiations between Boeing and the International Associat...

Tesla's China sales have best month of the year in August
September 03, 2024 03:35 PM AEST| By EODHDTesla's sales in China logged their best month for the year so far in August, with the U.S. electric vehicle maker benefiting from brisk sales in smaller cities.

Huawei’s buggy software hampers China’s efforts to replace Nvidia in AI
September 03, 2024 02:00 PM AEST| By EODHDChina’s efforts to match US computing power in artificial intelligence are being hampered by bug-ridden software, with customers of leading

Tesla's China-made EV sales in August up 3% yr/yr
September 02, 2024 10:45 PM AEST| By EODHDSales of U.S. automaker Tesla's China-made electric vehicles grew 3% in August from a year earlier, data from the China Passenger Car Association (CPCA) showed on Monday.

Elon Musk is an unguided geopolitical missile
September 02, 2024 08:40 PM AEST| By EODHDBig businesses and billionaires usually steer clear of political controversy. If they exercise power, they prefer to do it in the shadows

Apple Helped Nix Part of a Child Safety Bill. More Fights Are Expected.
September 02, 2024 07:30 PM AEST| By EODHDAs lawmakers debate how to regulate teen smartphone use, Apple is pushing back on efforts for it to enforce age restrictions. Continue reading View comments

Huawei Sets Up Apple Showdown With Event Hours After New iPhone
September 02, 2024 05:19 PM AEST| By EODHD(Bloomberg) -- Huawei Technologies Co. is preparing to launch new products at an event mere hours after Apple Inc.’s debut for the iPhone 16, setting the stage for the two tech giants’ next clash. Mos...

Analysis-Apple set for music, TV streaming fight in India after Airtel deal
September 02, 2024 01:07 PM AEST| By EODHDBy Munsif Vengattil and Aditya Kalra NEW DELHI (Reuters) - Apple's partnership with India's second-biggest telecoms firm will give the iPhone maker a sorely needed boost in a content market where it l...

DirecTV subscribers lose access to Disney networks after failure to reach deal
September 02, 2024 09:31 AM AEST| By EODHDBy Dawn Chmielewski and Lisa Richwine (Reuters) - Walt Disney and satellite TV provider DirecTV did notreach a new distribution deal for ESPN, ABC and other Disney-owned networks, the companies said o...

ESPN, ABC and other Disney channels dropped from DirecTV in contract dispute
September 02, 2024 09:10 AM AEST| By EODHDDirecTV satellite dishes in Culver City. (Allen J. Schaben / Los Angeles Times) Walt Disney Co.-owned channels, including ESPN and ABC stations, were knocked off DirecTV platforms Sunday after talks t...

Tesla’s Financing Rates Are Falling. This Is Good.
September 02, 2024 05:11 AM AEST| By EODHDFinancing rates are coming down partly because benchmark interest rates are lower. The impact on a monthly payment from the 0.4 percentage point drop is only a few dollars a month on most loan terms....

Tesla Stuck Below Key Levels As BYD Breaks Out, Reports Surging Sales
September 02, 2024 01:35 AM AEST| By EODHDTesla has rebounded after wiping out a big recent run. BYD is the only EV stock that's up in 2024 amid record sales and new models. Continue reading View comments
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