Wedbush analyst Dan Ives anticipates Tesla’s third-quarter deliveries to surpass expectations, driven by robust demand in China and favorable financing terms. He also highlighted the upcoming Robotaxi event as a key catalyst for the company.
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Mumbai Police’s Economic Offence Wing (EOW) has summoned BookMyShow’s parent company, Big Tree Entertainment, its CEO, and technical head for questioning regarding allegations of unethical ticket sales practices for the upcoming Coldplay concert. An advocate has accused BookMyShow of manipulating access to the ticket sale, allowing black market operators to exploit the system.
Coursera, an education technology company, has faced a tough year, with its stock price plummeting since its IPO. However, recent developments in artificial intelligence (AI) present a potential growth catalyst. With a focus on AI training courses, Coursera aims to capitalize on the rising demand for AI skills in both consumer and enterprise markets. While early signs are promising, the company needs to demonstrate concrete revenue growth from its AI offerings to justify its optimistic valuation.
Donald Trump, the US Presidential candidate, is selling high-priced gold watches as part of his expanding merchandise line, which already includes NFTs, bibles, sneakers, and even cologne. These watches, marketed as ‘official’ despite disclaimers, are available through a dedicated website and feature Trump’s signature and various designs.
Shloka Mehta, wife of Akash Ambani, opened up about her social welfare initiative, ConnectFor, in a rare interview. She discussed the organization’s goals, success, and impact, offering insights into its origin story and the transformative experiences it has facilitated. The interview also provided a glimpse into the world of the lavish Antilia, the Ambani family’s opulent home.
The US stock market opened higher on Friday, September 27, driven by expectations of further interest rate cuts from the US Federal Reserve. Soft inflation data fueled investor optimism, following the Fed’s recent rate cut of 50 basis points on September 18. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all experienced gains, with notable movers in each index.
A car showroom in Delhi’s Naraina area was the scene of a shooting incident on Friday, with multiple rounds fired. Fortunately, no injuries were reported, and police are investigating the incident.
Reinsurance Group of America (RGA) shares have surged 35.1% year-to-date, outpacing both the industry and the broader market. This impressive performance is fueled by strong momentum in key markets like the U.S. and Asia, coupled with solid growth projections and a robust earnings track record. RGA’s commitment to innovation, strategic capital deployment, and shareholder returns further solidify its position as a leader in the life insurance sector.
A boundary wall at the Mahakal Temple in Ujjain, Madhya Pradesh, collapsed on Friday evening due to heavy rainfall, resulting in the deaths of two people and several others injured. Rescue efforts are underway to locate those trapped under the debris.
A newly built Chinese nuclear-powered attack submarine reportedly sank while docked at a pier earlier this year. The incident has raised questions about the PLA’s training standards and equipment quality, highlighting potential vulnerabilities in China’s growing military capabilities.