3 Stocks Soaring on Strategic Deals and Fed's Rate Cut

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Tesla Inc News

Paypal Holdings Inc,Uber Technologies Inc

Stocks Analysis by The Tokenist (Timothy Fries) covering: Tesla Inc, PayPal Holdings Inc, Uber Technologies Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com

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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