Traders raise the chances for a Fed rate cut following April inflation report
Traders on Wednesday raised the chances of a September interest rate cut to close to 80%.
Piper Sandler analyst sees something he likes with Tesla wait times, reiterates call for 65% rally
There has been a shift in the time U.S. buyers must wait for delivery of Tesla’s second best-selling model/region combination, Piper Sandler said.
Inflation rate eases to 4.9% in April, less than expectations
The consumer price index was expected to rise 0.4% in April, according to Dow Jones.
UK man pleads guilty to Twitter hack that compromised accounts of Joe Biden, Elon Musk
Joseph O’Connor, 23, submitted his guilty plea in a New York court on Tuesday, according to a Department of Justice press release.
Putin’s ‘one-tank’ military parade was an embarrassment for Russia, analysts say
Russia’s scaled-down Victory Day military parade highlighted the country’s depleted resources.
Toyota targets 10% profit jump, robust EV sales as chip woes recede
Toyota Motor Corp on Wednesday said it expects operating profit to climb 10% this business year.
Air New Zealand’s planned in-flight sleeping pods could cost nearly $100 an hour
Air New Zealand provided more details about its previously announced in-flight sleeping pods, including estimated costs and routes.
Twitter to launch encrypted direct messages with voice and video chat to follow, Elon Musk says
Twitter could launch encrypted direct messages on Wednesday, Elon Musk said, as the CEO outlined plans to boost communication features on the social media app.
Ireland wants to put its soaring corporate tax receipts into a new sovereign wealth fund
Multinationals in Ireland have paid record amounts of corporate tax in recent years, and the country estimates its budget surplus could hit 6.3% of GNP.
Microsoft ramps up A.I. game with bet on startup that helps coding novices build apps
The deal signifies a further bid by Microsoft to ramp up its efforts in AI, which has become a key focus for the company.
