A Tesla robotaxi drives on the street along South Congress Avenue in Austin, Texas, U.S., June 22, 2025. Joel Angel Juarez | ReutersTesla is recruiting test drivers in New York to operate cars with “automated driving systems,” but the company hasn’t applied for the permits it would need to test autonomous vehicles in the nation’s largest city.A job opening on Tesla’s website says the company is looking to hire vehicle operators in the borough of Queens. The hires will be “responsible for driving an engineering vehicle for extended periods, conducting dynamic audio and camera data collection for testing and training…
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A widely followed measure of inflation accelerated slightly less than expected in July on an annual basis as President Donald Trump’s tariffs showed mostly modest impacts.The consumer price index increased a seasonally adjusted 0.2% for the month and 2.7% on a 12-month basis, the Bureau of Labor Statistics reported Tuesday. That compared to the respective Dow Jones estimates for 0.2% and 2.8%.Excluding food and energy, core CPI increased 0.3% for the month and 3.1% from a year ago, compared to the forecasts for 0.3% and 3%. Federal Reserve officials generally consider core inflation to be a better reading for longer-term…
Check out the companies making headlines before the bell: Hanesbrands , Gildan Activewear — The T-shirt maker surged more than 42% after the Financial Times reported , citing people familiar with the matter, that Hanesbrands was nearing a deal to be acquired by Gildan for nearly $5 billion. Gildan shares slid more than 5%. Sinclair — Shares soared more than 18% after Sinclair, one of the largest owners of television stations, started a strategic review of its business that could result in a merger or spinoff of its Ventures business. On Holding AG — U.S. shares of the Swiss sportswear…
Here are Tuesday’s biggest calls on Wall Street: Goldman Sachs upgrades Clearwater Analytics to buy from neutral Goldman said the software company is well positioned for growth. “We upgrade Clearwater (CWAN) to Buy from Neutral and maintain our 12-month price target of $27 (37% upside).” Goldman Sachs initiates Uranium Energy as buy Goldman said it’s bullish on shares of the “pure-play, US-based uranium mining company.” “We initiate coverage of Uranium Energy Corp (UEC) with a Buy rating with ~30% implied upside to our 12-month price target of $13.” Piper Sandler upgrades Chipotle to overweight from neutral Piper said the risk-reward…
Now is the time for investors to buy shares of monday.com , according to Morgan Stanley. The firm upgraded the stock to overweight from equal weight but slashed its price target to $260 from $330. However, that updated target still implies 49.3% upside from Monday’s close. Shares tumbled nearly 30% during Monday’s session after monday.com’s second-quarter results came out. While earnings and revenue beat analyst expectations, mixed third-quarter guidance and lackluster metrics sent the stock plunging. “Skinnier beat against higher expectations and focus on paid search commentary drove shares meaningfully lower, creating the entry point for which we’ve been waiting,”…
As of July 25, porn sites are required to implement effective age verification methods for U.K. users.Jack Taylor | Getty ImagesIt was well intentioned but a U.K. law mandating age verification on adult sites and a number of other platforms has sparked a backlash from both internet users in the country, and U.S. politicians and tech giants.Last month, new provisions in the Online Safety Act requiring large online platforms to implement age checks to prevent children from accessing pornographic and appropriate material came into force.The measures have led PornHub, RedTube and other porn sites to force U.K. visitors to sign…
Starbucks may be set up for gains as its turnaround strategy takes hold over the coming quarters, according to Baird. The firm upgraded the coffee chain to outperform from neutral and increased its price target by $15 to $115. Its updated target calls for more than 25% upside from Monday’s close. The stock has come under pressure in the past month, falling more than 3%, on the heels of its latest quarterly results showing its sixth consecutive quarter of same-store sales declines . But with CEO Brian Niccol saying that the company is “gaining momentum,” analyst David Tarantino thinks growth…
The recent pullback in shares of Chipotle may be nearing its end, according to Piper Sandler. The firm upgraded the stock to overweight from neutral but cut its price target by $3 to $50, which implies 20.1% upside from Monday’s close. In late July, shares tumbled more than 13% after the burrito chain slashed its same-store sales outlook for 2025, the second quarter in a row that it’s done this. The company also reported that traffic fell for the second straight quarter. The stock’s year-to-date decline now sits at about 31%, which analyst Brian Mullan said prices in a scenario…
MOSCOW, RUSSIA – JULY 31 (RUSSIA OUT) Russian President Vladimir Putin smiles during Russian-Laotian talks at the Kremlin on July 31, 2025 in Moscow, Russia. (Photo by Contributor/Getty Images)Contributor | Getty Images News | Getty ImagesRussian President Vladimir Putin is not actually interested in negotiating when he meets his U.S. counterpart Donald Trump to discuss the war in Ukraine, European Union foreign policy chief Kaja Kallas told CNBC on Tuesday.European officials and Ukrainian President Volodymyr Zelenskyy have expressed concerns at being sidelined from the Putin-Trump meeting in Alaska on Friday. The Ukrainian leader warned that Russia is planning further offensives and…
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty ImagesSpirit Airlines has warned it might not be able to survive as a going concern if it doesn’t raise more cash, five months after the budget-travel icon emerged from bankruptcy.After cutting its debt during restructuring, Spirit has tried to attract bookings by marketing more upscale products and looking for new ways to cut costs. Late last month, the airline announced plans to furlough 270 more pilots this fall.”However, the Company…
