Toyota's additional $500,000,000 investment will be used to support certification and production of Joby's electric air taxi, and brings the company’s total investment in Joby to $894 million. https://yhoo.it/4drJvFG
Yahoo Finance
Online Audio and Video Media
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Yahoo Finance provides free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Sign up for our daily morning newsletter, the Morning Brief through our profile URL. Sign up for Yahoo Finance's Morning Brief Newsletter. Need-to-know market analysis and finance news delivered right to your inbox: https://bit.ly/3Fq3C7C
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- Online Audio and Video Media
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Updates
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Goldilocks might be onto something. Over the past week, investors were busy figuring out the best way to play the Federal Reserve’s decision to lower interest rates for the first time since 2020. https://yhoo.it/4dvW1Eg
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As automakers try to energize sagging EV demand, they've focused on improving access to chargers, along with addressing concerns around price and battery range. "There's no bigger obstacle than charging," Ford CEO Jim Farley said in an interview. https://yhoo.it/3BH4XJq
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US stocks bid farewell to the month and the quarter with fresh records as investors reacted to Federal Reserve Chair Jerome Powell vowing to do what it takes to keep the economy humming. The S&P 500 rose 0.4% to close at a new record. https://yhoo.it/3NbvQb5
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Tesla delivered 462,890 vehicles in the three months to Sept. 30, up 6.4% quarter over quarter and ahead of the 435,059 EVs the company delivered in the year-ago period. Wall Street had expected Tesla to deliver closer to 463,897. https://yhoo.it/3Y6PQC3
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The September Jobs report shocked economists Friday with a massive print showing 104,000 more jobs than expected. Instantly, the market had to reconsider the Fed's current path. As our Chart of the Week column points out, it's probably good news — for the Fed, for stocks, for employers, and for anybody looking for a job — and there's reason to believe it won't cause another wave of inflation acceleration.
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How many more interest rate cuts will we see from the Fed this year? The Carlyle Group Co-Founder and Co-Chairman David Rubinstein shares this thoughts on the the Federal Reserve's rate cut cycle, and what we can expect for the rest of the year. More: https://lnkd.in/eGrzKNi3 #yahoofinance #finance #economy #wallstreet #market #stocks #money #inflation
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Warren Buffett's Berkshire Hathaway has once again reduced its stake in Bank of America, selling shares worth $338 million according to a regulatory filing. More: https://lnkd.in/g_udvpkA #yahoofinance #finance #markets #stocks #wallstreet #money #banking
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As dockworkers strike across ports on the East and Gulf Coasts, the auto industry is preparing for potential disruptions. Erin Keating, Cox Automotive Inc.'s executive analyst, details what the work stoppage means for the auto industry. More: https://lnkd.in/enfP4vTZ #yahoofinance #finance #portstrike #labor #ports #shipping #autoindustry #markets #investing #money #wallstreet
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The US labor market added far more jobs than projected in September while the unemployment rate unexpectedly ticked lower, reflecting a far stronger picture of the jobs market than Wall Street had expected. Data from the Bureau of Labor Statistics released Friday showed the labor market added 254,000 payrolls in September, more additions than the 150,000 expected by economists. Meanwhile, the unemployment rate fell to 4.1%, from 4.2% in August. September job additions came in higher than the revised 159,000 added in August. https://yhoo.it/3BFfFAa