Tesla shares jumped 10% on Tuesday after the company posted second-quarter vehicle production and deliveries numbers that beat analyst expectations. Here are the key numbers: Total deliveries Q2 2024: 443,956 vehicles Total production Q2 2024: 410,831 vehicles Analysts expected Tesla deliveries to hit 439,000 in the three months ending June 30, according to a consensus of estimates compiled
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Rep. Nancy Pelosi, D-Calif., speaks during the anniversary of the Inflation Reduction Act event at the White House in Washington, Aug. 16, 2023. Celel Gunes | Anadolu Agency | Getty Images Former House Speaker Nancy Pelosi, of California, and House Rep. Jim Clyburn, of South Carolina, both Democrats, said Tuesday it is fair to raise
U.S. Federal Reserve Bank Chair Jerome Powell announces that interest rates will remain unchanged during a news conference at the Federal Reservesâ William McChesney Martin building on June 12, 2024 in Washington, DC. Kevin Dietsch | Getty Images Federal Reserve Chair Jerome Powell expressed satisfaction Tuesday with the progress on inflation over the past year
The Paramount Studios in Los Angeles, California, US on Monday, April 29, 2024. Eric Thayer | Bloomberg | Getty Images Paramount Global is holding talks with other entertainment companies about merging its Paramount+ streaming service with an existing platform. If it reaches a deal, it may kick off a new wave of streaming partnerships that
Salesforce CEO Marc Benioff attends the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Halil Sagirkaya | Anadolu | Getty Images Salesforce investors voted against the company’s compensation plan for top executives, after shareholder advisory groups raised concerns about equity awards granted to CEO Marc Benioff. According to a regulatory filing on Monday,
US President Joe Biden gestures after speaking about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024. Andrew Caballero-Reynolds | AFP | Getty Images A federal appeals court will allow a key part of President Joe Biden‘s student loan relief plan to resume as the legal challenges against it
Boeing Co. 737 fuselage sections sit on the assembly floor at Spirit AeroSystems in Wichita, Kansas. Daniel Acker | Bloomberg | Getty Images Boeing said Monday that it will buy back its struggling fuselage maker Spirit AeroSystems in an all-stock deal that the planemaker has said will improve safety and quality control. It said it
The fuselage plug area of Alaska Airlines Flight 1282 Boeing 737-9 MAX, which was forced to make an emergency landing with a gap in the fuselage, is seen during its investigation by the National Transportation Safety Board (NTSB) in Portland, Oregon, U.S. January 7, 2024. NTSB | Via Reuters U.S. prosecutors plan to seek a
The front desk of the Amazon office is pictured in New York, May 1, 2019. Carlo Allegri | Reuters Amazon is ramping up its development of artificial intelligence technology, hiring top talent from AI agent startup Adept and licensing the company’s technology. Rohit Prasad, a senior vice president and head scientist who oversees Amazon’s artificial
GM launched ‘EV Live,’ a free online platform that connects electric vehicle owners or consumers who have questions about zero-emissions cars and trucks with an expert who can answer them. Courtesy: GM DETROIT â Purchasing a vehicle has never been that easy. But shoppers entering traditional dealer showrooms for the foreseeable future may have a
US President Joe Biden speaks at the Stonewall National Monument Visitor Center grand opening ceremony in New York on June 28, 2024. Mandel Ngan | Afp | Getty Images The Biden campaign has raised $27 million starting from the day of the first presidential debate through Friday evening, a campaign spokesperson announced on Saturday. The
Former US President Barack Obama (L) and former US President Bill Clinton (R) cheer for US President Joe Biden during a campaign fundraising event at Radio City Music Hall in New York City on March 28, 2024. Brendan Smialowski | Afp | Getty Images Former Presidents Barack Obama and Bill Clinton on Friday tried to
Amazon will double the value of credits it offers some startups to use its cloud infrastructure, CNBC has learned, as the company faces heightened competition from Microsoft in artificial intelligence services. Starting July 1, startups that have raised a Series A round of funding in the past year will be eligible for $200,000 in credits
U.S. President Joe Biden pauses during the CNN Presidential Debate at the CNN Studios on June 27, 2024 in Atlanta, Georgia. President Biden and Republican presidential candidate, former U.S. President Donald Trump are facing off in the first presidential debate of the 2024 campaign. Justin Sullivan | Afp | Getty Images The New York Times
Health care and technology are playing key roles in this year’s Russell rebalancing. With the index provider’s annual reconstitution slated to take place at Friday’s market close, FTSE Russell CEO Fiona Bassett noted that the indexes are adapting to trends in the broader market. “It’s certainly the story for the Russell 1000, which has been
The headline in a CNN story that appeared a little after noon on Wednesday, June 26th, was brutal: “Children are dying of starvation in their parents’ arms as famine spreads through Gaza.” The details were heartbreaking. One nine year old boy, said CNN, is “clearly wasted from severe malnutrition and suffering from dehydration. His blue
Then-president-elect Donald Trump shakes the hand of Peter Thiel during a meeting with technology executives at Trump Tower, December 14, 2016 in New York City. Getty Images Peter Thiel, once one of Donald Trump’s major financial backers in the tech industry, said Thursday that even though he’s not providing money to the Republican presumptive nominee’s
President Joe Biden and former President Donald Trump 2024. Kevin Lamarque |Â Jay Paul | Reuters The hush money gag order Trump has grappled with the gag order applied by Manhattan Supreme Court Judge Juan Merchan during the ex-president’s historic criminal hush money trial. That court-ordered muzzle barred Trump from making public statements about witnesses or
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