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Elon Musk, who holds more than 411 million shares of the electric vehicle maker’s stock, plus options, saw the value of those shares drop on Tuesday...
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Short Tesla ETFs jumped after the company said vehicle deliveries dropped 8% from the same period a year ago...
Continue ReadingTesla’s sales have fallen for the first time in four years as deliveries of Elon Musk’s electric cars went into reverse on the back of worsening demand for electric vehicles (EVs)...
Continue ReadingAmazon is scrapping its “just walk out” technology in the US after years of trying to gain traction for its checkout-free offer...
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Although a private browsing mode known as “Incognito" in Google's widely used Chrome browser has been available for nearly a decade, a legal settlement involving the way it works has casting new attention on this commonly available setting. The settlement disclosed Monday in a federal court is primarily designed to ensure that users who use Incognito mode in Chrome get more privacy while surfing the internet than they had been previously. Although Google isn't paying any money to consumers, the lawyers who filed the case in June 2020 believe the stricter safeguards will be worth $4.75 billion to $7.8 billion, based on the estimated value of the personal information protected by the settlement...
Continue ReadingShares of Tesla fell Tuesday after the company reported first-quarter vehicle sales that missed Wall Street's estimates and were down 8.5% from year-ago levels. + Tesla's stock was recently off more than 4%. Elon Musk's company said it delivered 386,810 vehicles worldwide to start the year, the first time it reported a year-over-year decline since 2020...
Continue ReadingAmazon is removing Just Walk Out technology from its Amazon Fresh stores as part of an effort to revamp the grocery chain. The company’s well-known technology lets customers pay for items without standing in line and sends them receipts afterwards. Amazon says it will now be replaced by smart carts that allow customers to skip the checkout line but also see their spending in real time...
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Continue ReadingGM reported Q1 sales figures for the US that topped estimates, though were down compared to a year ago due to lower fleet sales. GM said sales of trucks and pickups powered results at the retail level...
Continue ReadingToday's Research Daily features new research reports on 16 major stocks, including Alphabet Inc. (GOOGL), Oracle Corporation (ORCL) and Chevron Corporation (CVX)...
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