In a day of significant market movements, three major tech stocks are making headlines due to corporate announcements and macroeconomic factors.Tesla’s stock surged 6.73% to $242.49 following the Federal Reserve’s decision to cut benchmark short-term interest rates by 50 basis points.
Despite the positive market reaction, Tesla faces challenges in Europe, where new car sales declined 17% year-over-year in August. This integration comes as Buy with Prime orders has increased by more than 45% annually through merchant websites. The service is expected to expand to all 900 company-owned Olive Garden restaurants across the US by May 2025.s
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