By Saqib Iqbal Ahmed NEW YORK (Reuters) – Traders in the options market expect Tesla shares to swing by nearly 10% in either direction by Friday, options data showed. That is roughly in line with the stock’s average move of about 10.1% after the company’s last eight quarterly earnings reports, according to Trade Alert data….
(Reuters) – Apple is likely to introduce its foldable iPhone as early as 2026, the Information reported on Tuesday, that could mark the biggest hardware design revamp for the company’s most popular product. The Cupertino, California-based company’s plan to release a foldable iPhone could mimic a similar move by Samsung Electronics, which pioneered the foldable…
NEW YORK (Reuters) – Warren Buffett’s Berkshire Hathaway reduced its stake in BYD to below 5%, in what could be the final time Berkshire discloses stock sales in China’s largest producer of electric vehicles. Berkshire lowered its stake in BYD’s issued H-shares to 4.94% from 5.06% on July 16, according to a Monday filing with…
(Reuters) -Following are reactions from foreign leaders and officials to U.S. President Joe Biden’s decision to end his campaign to seek reelection in November: UKRAINIAN PRESIDENT VOLODYMYR ZELENSKIY: “Ukraine is grateful to President Biden for his unwavering support for Ukraine’s fight for freedom, which, along with strong bipartisan support in the United States, has…
By Howard Schneider WASHINGTON (Reuters) – U.S. President Joe Biden may not have gotten much credit politically for the thousands of grants and public investments his administration showered across the country, with airport or road projects in places like South Carolina and Wyoming unlikely to dent former President Donald Trump’s locked-in status in those deeply…
By Jeff Mason and Jarrett Renshaw (Reuters) -Former Attorney General Eric Holder and his law firm, Covington & Burling LLP, will conduct vetting of potential running mates for Vice President Kamala Harris’ campaign for the presidency, according to two sources familiar with the matter. Harris is running for the Democratic presidential nomination after President Joe…
(Reuters) – A global tech outage that was related to a software update by cybersecurity firm CrowdStrike affected nearly 8.5 million Microsoft devices, Microsoft said in a blog on Saturday. “We currently estimate that CrowdStrike’s update affected 8.5 million Windows devices, or less than one percent of all Windows machines,” it said in the blog….
(Reuters) – The U.S. Secret Service said it had turned down requests from Donald Trump’s security detail for additional resources in the two years leading up to his attempted assassination last week, the New York Times reported on Saturday, citing a spokesman. This is a reversal from earlier statements by the agency denying that such…
By Jason Lange (Reuters) – President Joe Biden’s election campaign last month outraised and outspent his challenger Donald Trump, according to disclosures published on Saturday that showed the president’s coffers initially swelling even after a disastrous debate performance. The main campaign account for Biden, a Democrat, took in $64 million in June and spent $59…
By Yantoultra Ngui and Florence Tan SINGAPORE (Reuters) – Exxon Mobil Corp has agreed to sell its Malaysian oil and gas assets to state energy firm Petronas, exiting the country’s upstream sector where it used to be a dominant producer, two sources with direct knowledge of the matter said. The U.S. major, which last year…
