Category: Latest News
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Tesla registrations show mixed performance across European markets in August
Tesla (NASDAQ:TSLA) recorded differing registration trends across several European markets in August, with year-over-year increases in France and Denmark and declines in Norway and Sweden. New Tesla vehicle registrations, which can be used as an indicator of sales, increased 279% from a year earlier in France and 104% in Denmark, according to figures from French…
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OpenAI rejects Apple trade-secret allegations in employee dispute
OpenAI (NASDAQ:OAI) has denied allegations from Apple (NASDAQ:AAPL) that it misappropriated trade secrets through former Apple employees, arguing that the iPhone maker has not demonstrated that confidential information was taken. “This dispute is a mess of Apple’s own making, and it is trying to blame everyone else,” OpenAI said in a filing late Monday in…
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GoPro shares gain more than 128% after Markiplier stake disclosure
GoPro (NASDAQ:GPRO) shares recorded a combined gain of more than 128% on Monday, August 31, after Bloomberg reported that YouTuber Mark Fischbach, known as Markiplier, had accumulated an 8.5% stake in the action-camera company. The stock rose 46.01% during regular trading before gaining a further 55% in after-hours trading to reach $1.37. According to Bloomberg,…
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Gold declines as Treasury yields rise and markets increase Fed rate hike expectations
Gold prices fell on Tuesday as higher oil prices and government bond yields coincided with increased market expectations for another Federal Reserve interest rate increase. At 04:46 ET (08:46 GMT), XAU/USD was down 1.6% at $4,377.84 an ounce, while gold futures declined 1.2% to $4,426.26. XAG/USD fell 2.4% to $64.98 an ounce and XPT/USD declined…
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Oil prices rise as renewed U.S.-Iran exchanges keep supply risks in focus
Oil prices advanced on Tuesday as renewed military exchanges between the United States and Iran brought attention back to the potential for supply disruptions from the Middle East. Brent crude futures rose $1.18, or 1.3%, to $91.67 per barrel at 0739 GMT, while U.S. West Texas Intermediate crude gained $1.27, or 1.48%, to $87.03. The…
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U.S. futures steady as investors assess Fed rate outlook, oil prices and Japanese bond yields: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock futures were broadly unchanged early Tuesday as investors assessed the outlook for Federal Reserve interest rates, higher oil prices and renewed military exchanges between the United States and Iran. Energy markets extended their recent gains amid concerns about shipping through the Strait of Hormuz, while Japanese government bond yields increased ahead of U.S.…
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Boeing resumes talks as engineer strike risk looms
Boeing and its engineers’ union will resume contract talks September 8 ahead of an October deadline and possible strike.
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Wall Street Slips as U.S.-Iran Flare-Up Lifts Oil and Bond Yields
Stocks pulled back to start the week as renewed conflict in the Middle East rattled investors and pushed energy prices and bond yields higher. The U.S. and Iran traded fire for the first time in a month, reviving worries about oil supply just as markets had been coasting near record levels. Even with Monday’s losses,…
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Sony and Warner sue Anthropic over AI music training
Sony and Warner Music publishers accuse Anthropic of pirating thousands of copyrighted songs to develop its Claude AI models.
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Wall Street slips as oil spike revives rate fears
U.S. stocks fell as renewed U.S.–Iran strikes pushed oil above $90 and increased expectations for a September Fed rate hike.