5 things to know before the stock market opens on Monday 3 October

Traders on the floor of the NYSE September. 30, 2022. Source: NYSE Here is the most important news that investors need to start their trading day: 1. New start or same problems? Welcome to the fourth quarter. It’s been a tough year for equities and it doesn’t look like the luck of the markets will … Read more

Toyota CEO Akio Toyoda talks about skepticism about electric vehicles, “happy dance”, his legacy

Toyota CEO Akio Toyoda speaks during a small media roundtable on Sept. 2. Las Vegas 29, 2022. Toyota LAS VEGAS – Akio Toyoda, CEO of Toyota Motor, just said last week what he would like his legacy to be: “I love cars.” Just as the 66-year-old car enthusiast and scion of the company will be … Read more

expect the demo of the humanoid robot Optimus

Tesla CEO Elon Musk and leaders of the company’s artificial intelligence and hardware teams are expected to speak at the company’s AI Day 2022, an engineer recruiting event, which will be streamed live on Friday starting at 5pm. in California. You can watch AI Day 2022 here. During the last AI Day in August 2021, … Read more

Crypto CEOs are quitting their jobs. Here because

Hi, welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, a cryptocurrency journalist at MarketWatch. This week I will walk you through the latest and greatest in the world of digital assets. Over the past few weeks, CEOs of several major cryptocurrency companies have left their … Read more

Dow tumbles 600 points as the stock market sweeps away Wednesday’s rebound

US equities extended losses in afternoon trading Thursday after a series of economic data reinforced expectations that the Federal Reserve will continue to aggressively raise interest rates in an effort to keep inflation in check. How shares are traded The Dow Jones Industrial Average DJIA, -1.54% lost 614 points, or 2.1%, to 29,070. The S&P … Read more

China’s new electric cars cost more for insurance than gasoline-powered cars

In China, new-energy vehicles typically receive green license plates, which is often easier for residents to apply for than the blue license plate on a traditional gasoline-powered car. VCG | Visual China Group | Getty Images BEIJING – As Chinese companies churn out new electric cars, local insurance companies think they are more expensive to … Read more

Toyota is closing its Russian factory

Photo: Justin Sullivan (Getty Images) Toyota closes its Russian factory, cutting production estimates, and the Department of Energy wants to build more hydrogen infrastructure. All this and more The morning shift for Friday 23 September 2022. 1st gear: Toyota sees time for change, it doesn’t stop in St. Petersburg Companies have been exiting Russia left … Read more

Sales of convertibles decline in the United States due to the popularity of electric vehicles and SUVs

Ford Mustang of 2024 Source: Ford Convertibles – once a sign of outdoor freedom, road travel and summer adventures – are fading as the auto industry moves to all-electric cars and more rugged sports utility vehicles. According to S&P Global Mobility, sales of traditional sunroofs like the Chevrolet Camaro and Ford Mustang, as well as … Read more

Here’s Bret Taylor’s first big technical move at Salesforce as co-CEO

Bret Taylor, co-CEO of Salesforce, speaks at the Viva Technology Conference in Paris on June 15, 2022. Nathan Laine | Bloomberg | Getty Images Ten months after his promotion to Salesforce co-CEO, alongside famed founder Marc Benioff, Bret Taylor is preparing to take the stage at the annual Dreamforce conference for the first time with … Read more

Amazon, FedEx, Tesla, Apple, Snowflake

Here are Friday’s biggest calls to Wall Street: KeyBanc reiterates Apple as overweight KeyBanc said Apple shares remain attractive. “We recommend having AAPL. Our KFLD (KeyBanc First Look Data) shows that indexed spending was + 2.0% m / m in August, compared to the 3-year average of + 1.0%. Positive QTD data. they seem to … Read more