Amazon & iRobot Cancel Deal 🖥️ SOFI BEAM 📈 WUXAY PDD📉

FlowBank's hand-curated fresh financial news [header_noDither] 25.1.2023 Amazon Terminates iRobot Deal Amazon and iRobot cancelled their planned acquisition due to regulatory hurdles, with the European Union citing potential anti-competitive impacts on the online marketplace. Following the scrapped deal, iRobot announced a significant workforce reduction of 31% and the immediate resignation of its CEO, Colin Angle. The European Commission's investigation suggested the acquisition could harm competition in the robot vacuum market, leading to higher prices and less innovation. Shares of iRobot fell 10% on the news. WHAT'S MOVING [Group 1742 (13)-1] [Start Trading](113/cXx8Z04/VWbvg73STdFJVlT_nJ82wX-vW76My9758WbvSN3DlwFK2-ZVTW6N1vHY6lZ3pYN7S_9rdSz86zW6HKKY27DRp_CW2-z0266_x_BqVrj0KY8-4QppW1t89Zp4bLxpqW3S93vf92WKCGW5Xytmq5LyGnDW4KLpYN7FdgVlW1jL7zs5hzXScW5zHtdy8L-kFjW36M3rC4CCcZrV_JN9y3qn-PKW3QSs8S8FDz5kW9cjdJR377VKDW1535tb2RDvxpW8jjwf913L0r6W747P4k2DQSz5W6mkWRH4Ygr6wN2lNc75DLzbgW1mdjrk7QqmCRN8Z_03j62QP6V53qns66CmjFf4w132C04) [Group 3 (12)-3] Neuralink Elon Musk's Neuralink successfully conducted its first human implantation, with the patient reportedly recovering well, as announced on X. This milestone follows FDA approval in May and initiates Neuralink's journey towards commercial use. [Group 1752 (5)] Toyota Toyota Motor announced on Monday (January 29) that it is calling for the immediate repair of air bag inflators in 50,000 older vehicles in the U.S. due to the risk of explosions that could be fatal to drivers. [Group 1750 (12)] Boeing Boeing's trust among U.S. adults and particularly frequent flyers has plummeted by 12% from December 2023 to January 2024, following a turbulent 2023 and a recent incident with the 737 Max 9. WHAT'S COMING UP? EUR: German GDP (QoQ) (Q4): Exp. -0.3% v Prev. -0.1% EUR: Overall GDP (QoQ & YoY) (Q4) USD: CB Consumer Confidence (Jan): Exp. 115.0 v Prev. 110.7 USD: JOLTs Job Openings (Dec): Exp. 8.750M v Prev. 8.790M CNY: Manufacturing PMI (Jan): Exp. 49.3 v Prev. 49.0 IN OTHER NEWS Wall Street S&P 500 futures remained steady, while Nasdaq 100 futures saw a slight increase of 0.13% and Dow Jones futures dipped by 42 points, as investors await corporate earnings reports and the upcoming Federal Reserve policy meeting. [Group 1769] Europe European markets are anticipated to start higher on Tuesday, with the U.K.'s FTSE 100, Germany's DAX, and France's CAC expected to see increases according to IG data. Additionally, preliminary Q4 GDP figures for the euro zone are on the schedule. MARKET INSIGHTS Star Power Economics: The Market Impact of Celebrity Endorsements Ever wondered how the charm of George Clooney or the athletic prowess of Michael Jordan could impact the stock price of your favorite coffee brand or sports apparel? [Read more](113/cXx8Z04/VWbvg73STdFJVlT_nJ82wX-vW76My9758WbvSN3DlwF62-ZVTW5BW0B06lZ3lRW2S9NPW4f6-M7W6XxqwG3T2CMXW7jVQPb1zGKmzW92wxKn5Y0CLxN8Yjy8KrcPDCW4t9BbR2R2RgVW78mNYX4sr5-DW8RthVn5Lfn7vW9b2HTR6mxcg-W2hHd3S8mpXr9W5DSL7h5RGp62VdVzp74FFpQmW6kcV1Q780GywW3123Qh3tfpsmW8W1jt-2SLh0nW8sF4375GmhdnW6QtwzH4vNn5dW3Vdn1p64FgXQf2cb4mg04) 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. 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