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Aston Martin issues profit warning as tariffs and softer demand bite
Yahoo Finance· 2025-10-07 11:05
Aston Martin has cautioned that its losses will deepen this year, citing weaker-than-expected demand in North America and Asia-Pacific alongside the impact of US tariffs. The company said tougher global conditions and ongoing tariff effects mean it now expects total wholesale volumes in 2025 to fall by a mid-to-high single-digit percentage from 2024’s 6,030 units. It no longer anticipates meeting its previous 2025 wholesale guidance following third-quarter performance and revised expectations for the fou ...
Stocks Are Loving AI Deals, Government Stakes. Why Markets Need a New Catalyst.
Barrons· 2025-10-07 10:56
OpenAI makes a deal with AMD, government shutdown continues, Tesla teases a mystery event, and more news to start your day. ...
Tesla to reveal lower-cost Model Y as US tax credits end
Yahoo Finance· 2025-10-07 10:49
Tesla plans to introduce a more affordable version of the Model Y, reported Bloomberg, citing people familiar with the matter. The potential launch comes as the company moves to offset the loss of US federal incentives for electric vehicles. Sources said the new entry-level Model Y is the vehicle the company hinted at in social media posts over the weekend. The cheaper variant will drop some features and use less expensive materials to help counterbalance the end of the federal tax credit of up to $7,50 ...
AI Security Concerns Mount, IBM Surges on Anthropic Deal, and Gaza Peace Talks Advance Amid US Shutdown Stalemate
Stock Market News· 2025-10-07 10:38
Key TakeawaysOpenAI (OPENAI) has banned several Chinese-linked accounts for violating policies, including using ChatGPT for targeted profiling, designing surveillance tools, and conducting phishing and malware campaigns.IBM (IBM) shares surged 7.5% following the announcement of a strategic partnership with AI firm Anthropic, aiming to capture a larger share of the enterprise AI market.Efforts to end the ongoing U.S. government shutdown have failed in the Senate, with both Democrat and Republican bills unabl ...
Musk to Launch $25,000 SUV to Rescue Tesla
247Wallst· 2025-10-07 10:30
Elon Musk says Tesla Inc. (NASDAQ: TSLA) is no longer a car company. ...
Stock Index Futures Muted as U.S. Government Shutdown Continues
Yahoo Finance· 2025-10-07 10:10
Kansas City Fed President Jeff Schmid said on Monday that policymakers should continue pressing against inflation, which has remained persistently high. “With inflation still too high, monetary policy should lean against demand growth to allow the space for supply to grow and relieve price pressures in the economy,” Schmid said. He reiterated that interest rates remain only “slightly restrictive,” a stance he described as appropriate.“We’re in a self-fulfilling rally — earnings are strong and getting strong ...
Lucid Group Reports Record Production, Delivery Figures: CEO Marc Winterhoff Hails Milestone - Lucid Group (NASDAQ:LCID)
Benzinga· 2025-10-07 09:26
Lucid Group Inc. (NASDAQ:LCID) released the third-quarter production and delivery figures, hitting new records as the Tesla Inc. (NASDAQ:TSLA) rival ramps up its production efforts.Check out the current price of LCID stock here.Lucid Delivered 4,078 Units In Q3The automaker announced, in a statement released on Monday, that it delivered 4,078 units during the third quarter as well as produced over 3,891 units. The company said that it built and assembled an additional 1,000 units for the Saudi Arabian marke ...
Ayala Corp exits Honda dealership business in the Philippines
Yahoo Finance· 2025-10-07 09:09
公司战略调整 - Ayala Corporation决定在2025年底前将其在菲律宾的本田经销业务转移给“新经销商主体” [1][2] - 此次退出是为了优化投资组合并将重心转向快速扩张的电动汽车领域 [2][5] - 公司近期已终止与大众和上汽大通的经销合作关系 [3] 业务组合与市场表现 - Ayala旗下ACMobility目前的经销组合包括本田、五十铃、起亚以及比亚迪等品牌 [3] - 比亚迪在2025年上半年于菲律宾交付6,700辆汽车,远高于去年同期的200辆 [4] - 本田同期销量增长略低于4%,达到8,220辆 [4] 行业趋势与公司定位 - 比亚迪已成为东南亚领先的纯电动汽车品牌,并推动该细分市场在过去两年强劲增长 [3] - ACMobility将专注于推进可持续交通和电气化领域的举措 [5]
Ross Gerber Decries Affordable Tesla Model Y Talks Amid October 7 Speculation: 'It's Really Sad' - Tesla (NASDAQ:TSLA)
Benzinga· 2025-10-07 08:41
Gerber Kawasaki's co-founder Ross Gerber has dismissed the launch of an affordable Tesla Inc. (NASDAQ:TSLA) Model Y trim level as speculation takes over ahead of the October 7 event.Check out the price of TSLA here.‘It's Really Sad," Says Ross GerberTaking to the social media platform X on Monday, Gerber shared his thoughts in a post following a teaser released by Elon Musk's company. "Please not another model Y thats less good for less money. It’s really sad," Gerber said, expressing his disappointment wit ...
Market Snapshot: Silver Rallies, Toyota Recalls, and Trump Weighs Ukraine Missiles
Stock Market News· 2025-10-07 07:38
Key TakeawaysSpot silver prices have shown significant strength, trading around $48.58 per ounce on October 7, 2025, reaching levels not seen since 2011, despite an earlier headline reporting a fall to $47.71/oz.Toyota Motor Corporation (TM) is recalling approximately 393,838 U.S. vehicles, including Tundra and Sequoia models, due to faulty multimedia display software that could affect rearview camera functionality.U.S. President Donald Trump has indicated he is "sort of made a decision" on supplying Tomaha ...