FlowBank's hand-curated fresh financial news [header_noDither] Tesla's Robotaxi Reveal Announced Elon Musk, CEO of Tesla, announced that the company will unveil its long-anticipated robotaxi product on August 8, stirring excitement among investors and causing Tesla shares to rise by over 3% in extended trading. This announcement comes as a pivotal moment for Tesla, which has faced scrutiny over its growth and the delay in delivering autonomous vehicle technology. Despite previous ambitious claims about achieving full autonomy, Tesla currently offers advanced driver assistance systems requiring human supervision. The robotaxi reveal is seen as a significant move for Tesla, especially in a competitive market where companies like Waymo and Didi are advancing in autonomous vehicle services. WHAT'S MOVING [Group 1742 (62)-1] [Start Trading](113/cXx8Z04/VWm4Qz6fBB12W1BWK7f3QY1dnW3X6sTS5cD_M-N5j5FQd2-ZVTW6N1vHY6lZ3kDM9qb3dklg7lW3NVGZV1g2vszW59Q2Q_1plYWnW3bNk_t42l1jFW5XmmmH8ZJR8zN4DL_Y7zT0C9W31GPjg8fLqx1W3VVNXC4b6nzPW6k-85P9638X1W2h6MR08ZGLD9W1LxYYQ6V2cqzW197hzy7XylM1W5Qj3Qb8wY4d8W715ZV02wYS2yV1crVD5hb6ryW32_zvn89wTSMW1F3B6y7jZRXKW6cp18y5-cKGJW8W_W-K8CjXJJW4NzRXg3JGbYgW2NPY8212MK-YW2BXrHW2L9lK1f6p_nkl04) [Group 3 (60)-2] Norfolk Southern Amid a proxy fight with activist investor Ancora, Norfolk Southern's newly appointed COO, John Orr, faces scrutiny over past allegations of misconduct as the railroad company defends his hiring and operational improvements. [Group 1754 (11)] Nvidia Nvidia announces plans to build a $200 million AI center in Indonesia in collaboration with Indosat Ooredoo Hutchison, marking a significant push into the Southeast Asian market and bolstering local digital infrastructure and talent. [Group 1753 (11)] Teladoc Health Jason Gorevic, CEO of Teladoc Health, steps down effective immediately as the company's stock plunges approximately 95% from its 2021 highs, with CFO Mala Murthy temporarily taking over. WHAT'S COMING UP? GBP: Mortgage Rate (GBP): Prev. 7.92% USD: NY Fed 1-Year Consumer Inflation Expectations: Prev. 3.00% NZD: NZIER Business Confidence (Q1): Prev. -2% IN OTHER NEWS Wall Street Stock futures edged higher in overnight trading on Sunday, following a challenging week for the markets where the Dow dropped 2.3%, its sharpest weekly decline since March 2023. The S&P 500 and Nasdaq also faced setbacks, falling nearly 1% and 0.8% respectively, marking a pause in the rally of 2024. [Group 1769] Europe European markets ended the first trading week of the new quarter on a down note, with the Stoxx 600 index dropping 0.84%. Losses were widespread across all sectors and major exchanges, notably with retail and utilities sectors down over 2%, and household goods declining by 1.6%. MARKET INSIGHTS 9 Coolest Luxury and Sports Car Stocks | 2024 A lot has been said about the rise of EV car companies like Tesla but are some of the traditionally cool car brands worth an investment? [Read more](113/cXx8Z04/VWm4Qz6fBB12W1BWK7f3QY1dnW3X6sTS5cD_M-N5j5FPF2-ZVTW5BW0B06lZ3mrW2ZTg-95rcKR6W11zfYD6Jqg_6W53F-hp10P3X3W86bN9_3FX0YWW1d2m4L8b1PJNW89SwLB39_mkMW3GXXl14DWSGcV5-9PD19TPFPW81-l1l1V1RkjVCGl377fzJfhW5dTfDp4YfqGJVbz0w32lXmsxW7bsgT-1CDcmkW5F_BTz6gR30cW3q_C512JcCqbN3CTF35ys_s3W1lgwxq2Jb4QcMD2wjwqJCxqdrv5KM04) Please note that due to market volatility, some of the prices may have already been reached and scenarios played out. The information above is not investment advice. [flowbank-logo-2022-green-3] [Facebook](113/cXx8Z04/VWm4Qz6fBB12W1BWK7f3QY1dnW3X6sTS5cD_M-N5j5FPF2-ZVTW5BW0B06lZ3mxW2DkSZl26JhfBW5HNjSl1PTjdtN7v2bwNw_8PXW4xr5R-8yd943W4zb1nc8X3MG7W4nJtlp5xSDbPN3t1y8G_60wlVK-Slj7p5WQGW7MLP5M2gKQ0gW20XMtR7gdtjPN437CSDySf-LW80WRqr9jNc4MW2JrNyd8KKx4tW7_6XB31-GXY9W5DKf655n5Q8dV9NQCF91R7NJW8ksRpT5FcWqgW2yLnv-3qdY76f14RwYM04)
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