Tesla shares are ripping ahead of the electric vehicle company’s robotaxi debut, but Wall Street is growing skeptical that this event will yield something that will add to the company’s bottom line anytime soon and justify the stock’s run-up. The stock is up nearly 22% in September as investors pile in ahead of Tesla’s “We, Robot” robotaxi unveiling on Oct. 10 in Los Angeles and its third-quarter delivery report expected next week. The robotaxi will likely aim to be a self-driving vehicle that owners can authorize to be used as part of an Uber-style ride-hailing network. The recent hype lifted…
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Brian Goodwin #18 (L) and Billy Hamilton #0 of the Chicago White Sox pose for a photo while walking through the Field of Dreams movie site prior to the game against the New York Yankees on August 12, 2021 at Field of Dreams in Dyersville, Iowa.Ron Vesely | Getty Images Sport | Getty ImagesThe Chicago White Sox fell 4-1 to the Detroit Tigers on Friday for their 121st loss of the season, the most in MLB history. The mark broke the previous record set by the expansion New York Mets in 1962.Chicago won 93 games and the American League Central…
Special agents from Immigration and Customs Enforcement (ICE) question a man while his vehicle is searched after he was stopped heading into Mexico at the Hidalgo border crossing.Getty ImagesMore than 13,000 immigrants convicted of homicide — either in the United States or abroad — are living freely in the U.S., outside of Immigration and Customs Enforcement detention, according to data ICE provided to Congress earlier this week.The immigrants are part of ICE’s “non-detained” docket, meaning the agency has some information on the immigrants and they have pending immigration cases in the U.S., but they are not currently in detention either because…
Utility stocks this year have mounted a rally unseen in more than two decades. In the third quarter, utilities are the best out of 11 sectors that comprise the S & P 500, climbing 18%. As a group, utilities are poised to score their largest quarterly gain since George W. Bush was president in 2003. Year-to-date gains are even more substantial, at around 27%. If that holds through yearend, utilities will see their biggest annual advance since 2000, when they surged more than 50%. “Utilities are the hottest sector in the market currently,” Wolfe Research Rob Ginsberg said in a…
When Mark Cuban was in his 20s, his goal was to retire at age 35.These days, the 66-year-old billionaire entrepreneur and investor says he has no imminent plans to stop working. “I’m just getting started,” Cuban tells CNBC Make It. “There’s no retirement in my book. I’ll go until I drop.”Some of Cuban’s recent career moves have prompted speculation on the subject, from announcing his departure from ABC’s “Shark Tank” in 2025 to selling his majority stake in the NBA’s Dallas Mavericks. He’s acknowledged that he’d like to spend more time with his family, but that doesn’t mean he’s retiring, he…
For Molly Cantillon, living in a hacker house wasn’t just a dream, but a necessity.”I had lived in a few hacker houses before and wanted to replicate that energy,” said Cantillon, 20, co-founder of HackHer House and founder of the startup NOX. “A place where really energetic, hardcore people came together to solve problems. But every house I lived in was mostly male. It was obvious to me that I wanted to do the inverse and build an all-female hacker house that created the same dynamic but with women.”Cantillon, who has lived in several hacker houses over the years, saw…
Google earth view of Sanwa Holdings Corporation, Shinjuku Mitsui Building, 52F 2 Chome-1-1 Nishishinjuku, Shinjuku City, Tokyo 163-0478, JapanGoogle EarthCompany: Sanwa Holdings Corp. (5929.T)Business: Sanwa Holdings is a Japan-based company mainly engaged in the manufacture and sale of building and commercial facility construction materials, as well as the provision of maintenance and renovation services. It operates in three geographic segments: Japan, North America and Europe. Its offerings include shutters, doors for buildings and housing, partitions, stainless products, front-desk products, windows and exterior products.Stock Market Value: 874.8 billion Japanese yen (3,820.00 yen per share)Stock Chart IconStock chart iconShares of Sanwa Holdings…
new video loaded: ‘We’re Still Living in Fear’: Escaping the Attacks in LebanontranscriptBacktranscript‘We’re Still Living in Fear’: Escaping the Attacks in LebanonTens of thousands of people have been displaced in Lebanon. Khaled Hussein, 20, fled Syria as a child. He describes the bombardment that forced his family to flee again.Khaled Hussein, filmed this video from his home near the Lebanese city of Nabatiyeh. It shows an Israeli airstrike hitting just a few hundred meters away and hide here on base. As the bombings continued, Khaled and his family decided they had to escape. They’re now among at least 800 people…
Initiated in 1996, 529 plans are one of the best ways to save for your child’s college education. These state-sponsored investment accounts offer tax-free earnings and withdrawals that can be used for tuition, books, computers and more.Initially, the funds could only be used for educational expenses. If you withdrew money for another reason, you’d pay income tax and a stiff penalty. That could be a real problem if your child didn’t go to college or didn’t need all the money for education.That restriction was lifted in 2024, however, and money in a 529 plan can be rolled over into a…
A portrait of Hezbollah chief Hassan Nasrallah sits amid destruction in a area targeted overnight by Israeli airstrikes in Saksakiyeh on September 26, 2024.Mahmoud Zayyat | Afp | Getty ImagesThe Israeli army on Saturday officially announced the killing of Hezbollah’s leader Hassan Nasrallah, one day after carrying out a large-scale attack on Lebanon. “Hassan Nasrallah is dead,” Israeli army spokesperson Lt. Col. Nadav Shoshani said via social media platform X.CNBC was not able to independently verify the report. No comments or statements from Hezbollah have yet been made.This is breaking news. Please refresh for updates. Source link
