Tesla shares sink, Delta cancellations cause DOT to step in: Yahoo Finance

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Shares of Elon Musk’s EV maker Tesla (TSLA) are sinking this moring after the company posted its second quarter results revealing revenue dropped 7% year...

Shares of Elon Musk’s EV maker Tesla are sinking this moring after the company posted its second quarter results revealing revenue dropped 7% year-over-year. The US Dept. of Transportation has opened an investigation into Delta Air Lines after the company canceled thousands of flights and delayed many more in the aftermath of CrowdStrike’s faulty software update that interfered with IT systems across the globe last week.

Direct Air Carbon Capture Technology Market Size to be Worth USD 2046.3 Million by 2034, at 40.4% CAGR: Prophecy Market Insights Visa's underwhelming third-quarter revenue prompted a number of brokerages to cut their price targets on the company's stock, stoking concerns about slowing growth in customer spending and casting a shadow on the U.S. payments industry. The results underscore the challenges the industry is facing after several quarters of growth as inflation and high borrowing costs prompt a large section of customers to cut back on purchases, while wage growth loses steam.

Sir Keir Starmer was pressed on the two-child benefit cap by SNP Westminster leader Stephen Flynn during his first PMQs as Prime Minister on Wednesday. Sir Keir said his government has already taken steps such as free breakfast clubs, abolishing no-fault evictions and creating decent home standards. Having spent four years as opposition leader, the Prime Minister swapped roles with Mr Sunak for the parliament showdown and answered MPs’ questions from the Government front bench.

 

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