Investing.com-- Asian stock markets climbed on Wednesday in broad-based buying, tracking sharp overnight gains on Wall Street after mild U.S. inflation data fueled Fed rate-cut hopes, while Japan’s Nikkei extended its record-setting rally. Shares in Sydney fell against the regional trend, as earnings from heavyweight Commonwealth Bank of Australia (ASX:CBA) pulled the broader financial sect ...
Investing.com-- Bitcoin slightly on Wednesday, while Ether neared record highs as cryptocurrency markets rallied on mild U.S. consumer inflation data, which ramped up bets on a September interest rate cut. Altcoin prices fared much better than Bitcoin on Tuesday and Wednesday, as improving risk appetite drove a wave of buying into more discounted assets, such as Ether, which had largely lagge ...
(Reuters) -Tesla’s sales volume in Germany more than halved in July, the German road traffic agency KBA said on Tuesday, although sales of battery electric vehicles rose overall. KBA said Tesla sold 1,110 cars in Germany in July, down by 55.1% from a year earlier. The number of Teslas sold in the January-July period dropped 57.8% to 10,000 units, compared with the same period last year. By contr ...
By Abhirup Roy SAN FRANCISCO (Reuters) -A court verdict against Tesla last week, stemming from a fatal 2019 crash of an Autopilot-equipped Model S, could hurt its plans to expand its nascent robotaxi network and intensify concerns over the safety of its autonomous vehicle technology. A Florida jury ordered Musk’s electric vehicle company on Friday to pay about $243 million to victims of the ...