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Magna International Misses On Q3 Earnings, Plans To Resume Buybacks From Q4
Magna International’s Q3 earnings miss prompts plans to resume share buybacks in Q4, while shares rise in premarket trading. read more
Bitcoin Zigzags Around $70,000: What Is Going On?
Bitcoin’s (CRYPTO: BTC) continued its volatile trading action around the $70,000 mark on Friday morning as traders and analysts try to pin down key support and resistance levels. read more
EV Truck Maker Nikola Yet To Return Many BEVs Recalled Last Year, Says CFO
The electric truck manufacturer Nikola Corp. has yet to return several of the recalled battery electric trucks, causing delays and financial struggles. read more
Tim Cook Underscores ‘Several Positive Signs’ In Apple’s China Performance, Refrains From Talking About Economic Stimulus: ‘Don’t Want To Ad-Lib On The Effect Of It’
Apple CEO Tim Cook expressed cautious optimism about Apple’s stable performance in China, highlighting record-high active devices and strong sales, while declining to speculate on the impact of China’s economic stimulus. read more
Trump Loses $1.9B In Net Worth As DJT Stock Tumbles 2nd Time This Week
The reasons for the plunge in Trump Media stock twice this week remain unclear. read more
Jim Cramer Warns Apple Stock Should Have ‘Never Been Up That Much’ After Q3 Earnings Even As This Analyst Defends iPhone 16 Launch
Jim Cramer argued that Apple’s stock was overhyped prior to its forecast cut, suggesting the market is now more “reasonable,” while Wedbush analyst Dan Ives praised Apple’s strong iPhone 16 launch. read more
Marc Andreessen, Palmer Luckey Accuse YouTube Of ‘Deliberate Censorship’ As Trump-Rogan Episode Controversy Rages On: ‘These Are Not Accidents’
Marc Andreessen and Palmer Luckey accused YouTube of intentional censorship, with claims that the platform suppressed a Joe Rogan episode featuring Donald Trump. read more
Ford F-150 Lightning Pickup Truck Production To Be Halted Temporarily After Tesla’s Cybertruck Races Ahead In Q3
Ford will reportedly pause the production of its F-150 Lightning pickup truck for six weeks through the end of the year after Tesla’s Cybertruck took over as the most popular EV truck in the U.S. in the three months through the end of September. read more
Boeing Sweetens Deal With 38% Wage Hike, $12K Bonus And More To End 7-Week Strike: Vote Set For Monday
This new offer comes as Boeing attempts to stabilize its finances amid a seven-week strike involving over 33,000 factory workers on the U.S. West Coast. read more