(RTTNews) - Stocks may move to the downside in early trading on Friday, giving back ground after moving sharply higher over the two previous sessions. The major index futures are currently pointing to a modestly lower open for the markets, with the S&P 500 futures down by 0.2 per
(RTTNews) - Stocks may move to the downside in early trading on Friday, giving back ground after moving sharply higher over the two previous sessions. The major index futures are currently pointing to a modestly lower open for the markets, with the S&P 500 futures down by 0.2 per
Justin Sullivan/Getty Images News Ofcom, the communication services regulator in the UK, launched a probe into Meta Platforms Inc. ( META ) to ascertain whether the social media and tech giant complied with the watchdog's requirements in its responses to information requests issued in 2024 and 2025 about its enterprise messaging platform, WhatsApp for Business. "Last year, we carried out a review ...
Justin Sullivan/Getty Images News Ofcom, the communication services regulator in the UK, launched a probe into Meta Platforms Inc. ( META ) to ascertain whether the social media and tech giant complied with the watchdog's requirements in its responses to information requests issued in 2024 and 2025 about its enterprise messaging platform, WhatsApp for Business. "Last year, we carried out a review of the wholesale market for business bulk SMS messages, which are often used for things like appointment reminders and parcel delivery notifications," Ofcom said in a statement on Friday. The regulator had sent notices seeking certain information about WhatsApp because the platform qualified as an alternative business messaging services provider. "The available evidence suggests that Meta may not have complied with certain requirements imposed under section 135 in that some of the information provided by Meta in response to the Notices may not have been complete and accurate," they added. More on Meta Meta Platforms: Be Greedy When Others Are Fearful Meta Is Investing Aggressively, And The Payoff Is Still Unclear Meta's AI CapEx Is Not A Growth Bet - It's A Defensive War For Relevance China widens review of Meta’s acquisition of Manus: report UK lawmakers back under-16 social media ban, piling pressure on Starmer
Almost exactly a year after slapping a sell rating on Siemens Energy AG , UBS Group AG has turned positive on one of Europe’s best-performing largecaps. In his first major note on the German firm since taking over coverage, analyst Christopher Leonard upgraded his rating to buy from sell, saying order momentum in gas services and grid technologies should drive profit growth into the next decade. T...
Almost exactly a year after slapping a sell rating on Siemens Energy AG , UBS Group AG has turned positive on one of Europe’s best-performing largecaps. In his first major note on the German firm since taking over coverage, analyst Christopher Leonard upgraded his rating to buy from sell, saying order momentum in gas services and grid technologies should drive profit growth into the next decade. The bank raised its price target to €175 a share from €38, ranking it among the most-bullish brokers covering the stock, according to data compiled by Bloomberg. The shares jumped as much as 4.0% to €142.95, a record high. The upgrade followed a 165% rally since UBS analysts led by Supriya Subramanian downgraded the stock. Subramanian had said the valuation was “steep” and that the stock was “priced for perfection.” To be sure, a jump in earnings at the firm means the shares are cheaper than they were a year ago. They’re currently priced at 34 times earnings expected in twelve months’ time, according to data compiled by Bloomberg. That’s down from a ratio of 41 at the time of UBS’s downgrade.
Investing.com -- Tesla’s Full Self-Driving launch in China could be approved as early as February, a development that Morgan Stanley says may provide a major boost to the country’s autonomous-driving supply chain.
Investing.com -- Tesla’s Full Self-Driving launch in China could be approved as early as February, a development that Morgan Stanley says may provide a major boost to the country’s autonomous-driving supply chain.
We would like to hear your suggestions for the UK’s first town of culture With the search for the UK’s first town of culture under way, we would like to hear your suggestions. Guardian writers’ own nominations include Ramsgate in Kent, Falmouth in Cornwall, Abergavenny in Monmouthshire, and Portobello in Edinburgh . Which town would you nominate, and why? Continue reading...
We would like to hear your suggestions for the UK’s first town of culture With the search for the UK’s first town of culture under way, we would like to hear your suggestions. Guardian writers’ own nominations include Ramsgate in Kent, Falmouth in Cornwall, Abergavenny in Monmouthshire, and Portobello in Edinburgh . Which town would you nominate, and why? Continue reading...
FinkAvenue Tesla’s ( TSLA ) assertion that its Austin robotaxis operate fully autonomously is being challenged by reports that the vehicle is accompanied by a trailing support car, suggesting it is not operating independently. On Thursday, Tesla ( TSLA ) CEO Elon Musk posted on X that the company had “just started Tesla Robotaxi drives in Austin with no safety monitor in the car.” But according to...
FinkAvenue Tesla’s ( TSLA ) assertion that its Austin robotaxis operate fully autonomously is being challenged by reports that the vehicle is accompanied by a trailing support car, suggesting it is not operating independently. On Thursday, Tesla ( TSLA ) CEO Elon Musk posted on X that the company had “just started Tesla Robotaxi drives in Austin with no safety monitor in the car.” But according to electrek , the robotaxi is being followed by a trailing Tesla to provide supervision. A video on X.com shows a vehicle driving approximately 15-20 feet behind the robotaxi, following the robotaxi to its destination. “Here’s the reality: Tesla didn’t remove the safety monitor. It simply moved them from inside the robotaxi to a chase car following closely behind,” electrek said, accusing Musk of making misleading—though not false—claims about the autonomy of the robotaxi. Since Tesla ( TSLA ) has not yet provided any information as to what the trailing vehicle is there for, videos posted online suggest a human is in the vehicle to provide assistance in case of an emergency or failure of the autonomous technology, thereby putting into question the company’s claims that the robotaxi is operating “unsupervised.” The race for fully autonomous robotaxis between Waymo ( GOOG ), Zoox ( AMZN ), Tesla ( TSLA ) and Chinese competitors has led to the rapid deployment of vehicles in major U.S. cities and in the Middle East, where Chinese companies like WeRide, Baidu ( BIDU ), and Pony.ai ( PONY ) dominate, while in the U.S., Waymo ( GOOG ) leads. To catch Waymo’s ( GOOG ) lead, competitors are developing partnerships, moving into less regulated markets overseas, rapidly scaling service in U.S. cities, and even expanding the definition of "fully autonomous." Seeking Alpha has reached out to Tesla ( TSLA ) for a comment. More on Tesla Tesla: Clear Skies In 2026, But A Storm Could Cut Valuation In 2027 Tesla Needs 20M FSD Subscribers Annually To Justify Its Valuation Tesla: Underperformanc...
Efforts to expand the market for corn-based ethanol likely will be significantly delayed after an attempt to attach a key provision to must-pass legislation failed, according to a major trade group. Lawmakers had been working to pass a measure allowing year-round sales of higher-ethanol E15 gasoline as part of the latest government funding package. But the amendment was scrapped on Thursday, in a ...
Efforts to expand the market for corn-based ethanol likely will be significantly delayed after an attempt to attach a key provision to must-pass legislation failed, according to a major trade group. Lawmakers had been working to pass a measure allowing year-round sales of higher-ethanol E15 gasoline as part of the latest government funding package. But the amendment was scrapped on Thursday, in a blow to ethanol producers and large refineries. “We’ve known for several months now that the appropriations bill would be the best way to get this done in the near term,” Geoff Cooper , president of the Renewable Fuels Association , said in an interview. The efforts come as both the oil and agriculture sectors have been anxiously awaiting the Trump administration’s finalization of biofuel-blending quotas, which have been delayed, leaving uncertainty over how companies will be impacted. Lawmakers on Thursday struck a deal to establish a council focusing on E-15. Cooper said it’s not likely the group will come up with a solution before the council’s deadline of Feb. 15 to submit a proposal to Congress. The RFA will continue to look for a way to pass E15 expansion, which could include tacking it onto other legislation such as the farm bill, he said. Read More: House Republicans Strike Deal to Establish E15 Fuel Council The failed amendment would also have scaled back exemptions to blending biofuels mandates for small refineries. Federal law currently allows waivers if the refineries demonstrate “disproportionate economic hardship.” Critics of the program say it lets some large companies receive waivers for their small facilities despite not needing them to stay financially viable.