Goldman recommends buying Tesla call options before two big catalysts in October
This options trade could make a profit if Tesla’s robotaxi event next month gives the stock a boost.
Investors are underweight Nvidia compared to the S&P 500, and it’s costing them
Portfolio managers have notably less exposure to Nvidia and other megacap tech stocks than the S&P 500 does — and it’s bad news for performance.
Italy opens greenwashing probe into Shein website
Italy’s antitrust agency has launched a greenwashing probe into Shein’s website over possibly misleading claims about the sustainability of its products.
Southwest Airlines to cut service and staffing in Atlanta to slash costs
The changes come a day before Southwest’s investor day, when executives will map out the company’s plan to cut costs and grow revenue.
Surging AI demand could cause the world’s next chip shortage, research says
A surge in demand for AI semiconductors and AI-enabled smartphones and laptops could lead to the next global chip shortage, according to Bain & Company.
Google files EU antitrust complaint accusing Microsoft of stifling cloud competition
Google said in an antitrust complaint that Microsoft uses unfair licensing contracts in its Azure cloud computing business to stifle competition.
U.S. Senate committee faults Boeing safety practices, FAA oversight
A U.S. Senate panel investigating Boeing’s safety culture on Wednesday faulted the planemaker’s quality practices and oversight by the FAA.
Bettina Orlopp: The woman tasked with leading Commerzbank amid UniCredit takeover battle
Commerzbank on Tuesday announced its current Chief Financial Officer Bettina Orlopp will soon become CEO of the embattled German bank.
German Greens leadership quits after series of election blows
The joint leaders of the German Greens, Omid Nouripour and Ricarda Lang said they would step aside.
Meet the ex-Goldman wealth advisor who quit to solve Britain’s £567 billion gender investment gap
Ayesha Ofori launched Propelle, a female-focused financial investment platform, after realizing she had spent her career making “rich men richer.”
