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  • Tesla Resumes US Orders For Model 3 Long-Range Version At Lower Price

    Tesla Resumes US Orders For Model 3 Long-Range Version At Lower Price0

    Inc has resumed taking orders for its Model 3 long-range version in the United States, the company’s website showed late on Tuesday, after a temporary halt last year due to delivery backlogs. The long-range version of the entry-level Model 3 is priced at $47,240 currently, about 18.5% less than the $57,990 it was priced at

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  • Sony Shares Tumble On Weaker-Than-Expected Annual Outlook

    Sony Shares Tumble On Weaker-Than-Expected Annual Outlook0

    Sony (NYSE:SONY) Group Corp’s shares fell as much as 4.8% on Monday after the Japanese electronics and entertainment conglomerate’s annual profit outlook fell short of market expectations. The company on Friday posted a record operating profit for the year ended March 2023, driven by a robust performance at its music and microchip units. For the

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  • Pfizer Pledge For More Equal Access to Rsv Shot Faces Hurdles

    Pfizer Pledge For More Equal Access to Rsv Shot Faces Hurdles0

    Pfizer Inc (NYSE:PFE) has pledged to deliver critical new medicines more quickly in low-income nations, but its first such vaccine effort faces hurdles likely to delay distribution in poorer countries by several years, global health officials told Reuters. Pfizer made a commitment on more equitable access last year, following criticism that it prioritized wealthy nations

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  • Amazon’s AWS Warning, PCE Ahead, European Economic Data – What’s Moving Markets

    Amazon’s AWS Warning, PCE Ahead, European Economic Data – What’s Moving Markets0

    Amazon warns of a slowdown at its crucial cloud-computing division, while U.S. stock futures edge down after a fresh batch of other corporate results. Focus will turn to the Federal Reserve’s preferred inflation gauge later today, but in the meantime traders are digesting major economic data out of Europe U.S. stocks pointed lower on Friday

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  • Volvo Cars Plans Cost Cuts As First-Quarter Profit Drops

    Volvo Cars Plans Cost Cuts As First-Quarter Profit Drops0

    Sweden-based automaker Volvo Car Group reported a smaller-than-expected fall in first-quarter operating earnings on Thursday and said while overall demand remained healthy it may still cut costs as the global economy slows down. Volvo Cars, majority-owned by China’s Greely Holding, said operating earnings fell to 5.1 billion Swedish crowns ($494.63 million) in the quarter from

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  • LG Display Talks Up H2 Recovery Hopes After 4th Straight Quarterly Loss

    LG Display Talks Up H2 Recovery Hopes After 4th Straight Quarterly Loss0

    South Korean display panel maker LG Display (NYSE:LPL) on Wednesday pinned hopes for a second-half turnaround on the tech sector replenishing depleted inventories after racking up a fourth straight quarterly loss that trailed estimates. Amid depressed global demand for devices like computers and monitors, LG Display slumped to a 1.1 trillion won ($823 million) operating

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