A limited number of 2024 Taycan electric vehicles have been recalled due to incorrect headlight control module software. The software, designed for European markets, doesn’t adhere to US safety standards, potentially compromising visibility. While the recall doesn’t affect essential lighting functions like low beams, high beams, turn signals, or hazard lights, it can impact parking lamp performance, increasing the risk of accidents. Porsche has attributed the error to its supplier, ZKW. The supplier, ZKW Lichtsysteme GmbH, is based in Austria and is a subsidiary of the ZKW Group. Porsche discovered the potential noncompliance condition in April 2024 and launched an…
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The biotech sector represents companies that use biological processes to develop new medicines and treatments. These firms range from small startups to large pharmaceutical giants. Biotech stocks are shares in these innovative companies that trade on public exchanges. The sector is known for its potential to revolutionize healthcare and generate significant returns. However, it’s also associated with high risk due to the complex nature of drug development. Investing in biotech stocks can offer exciting opportunities. A successful drug can lead to substantial profits and long-term revenue streams. Biotech companies often become acquisition targets for larger pharmaceutical firms, potentially boosting stock…
Nach kräftigen Verlusten in der ersten Woche des schwierigen Börsenmonats September wird nun auf eine Stabilisierung gehofft. Viele Termine stehen nicht an, dafür gleich zwei wichtige: die jüngsten US-Inflationszahlen und die EZB-Sitzung. 9. September 2024. FRANKFURT (Börse Frankfurt). Der September macht seinem Ruf wieder einmal alle Ehre: Die Volatilität schoss in der ersten September-Woche in die Höhe, Aktien verloren deutlich – vor allem Tech-Aktien. Auf Wochensicht gab der Nasdaq 100 satte 6 Prozent ab, getrieben von heftigen Verlusten von Titeln wie Nvidia und Tesla. „Die Schwäche der US-Leitindizes sprang quasi über den Atlantik rüber“, berichtet die Deutsche Bank. Am übelsten habe…
(Bloomberg) — Apple Inc. (AAPL) shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected.Most Read from BloombergThe new iPhone 16 model on display at Apple headquarters. (Andrej Sokolow/picture alliance via Getty Images) (picture alliance via Getty Images)Pre-order sales, which began Friday for the phone, have tallied an estimated 37 million units, TF International Securities analyst Ming-Chi Kuo wrote in a report. That’s down almost 13% from last year’s iPhone 15 launch and is a result of weaker-than-anticipated interest in the Pro model of the iPhone…
On Monday, Baird, a financial services firm, increased its price target for IBEX Ltd. (NASDAQ: NASDAQ:) shares to $23.00, up from the previous target of $20.00. The firm has maintained an Outperform rating on the stock. The adjustment follows a recent call with IBEX management, after which Baird expressed a positive outlook on the company’s potential. According to Baird, industry demand is showing signs of stabilization, highlighted by IBEX’s revenue growth in the fourth fiscal quarter. The firm also noted the company’s aspirations to achieve 5-7% revenue growth and 15% EBITDA margins over time, with artificial intelligence playing a significant…
A 1989 Chevrolet Camaro, a barn find with a troubled past, is up for grabs on eBay. Despite its weathered exterior, this classic muscle car still boasts a V8 engine and a coveted IROC-Z package. While the car has been parked for 25 years, its original features and potential for restoration make it an attractive proposition for enthusiasts. The Camaro, which was once a popular choice among performance car enthusiasts, has seen its fair share of wear and tear over the years. The car’s exterior exhibits several dents and scratches, suggesting that it has been involved in a few minor…
With a $897.58 billion market cap, Taiwan Semiconductor Manufacturing Company Limited (TSM) plays a crucial role in the global semiconductor ecosystem by leading in the production of advanced chips used across several industries, including consumer electronics, automotive, telecom, and artificial intelligence (AI). As one of the world’s largest independent semiconductor foundries, TSM’s expertise in advanced process technologies, such as 3nm and 5nm nodes, has made it a critical supplier for major tech companies, such as NVIDIA Corporation (NVDA), Advanced Micro Devices, Inc. (AMD), and Apple Inc. (AAPL). Recently, the stock has dipped by around 10% from its all-time highs, making…
Asian stocks declined on Wednesday as investors watched the latest updates on the Trump-Harris presidential debate and braced for U.S. consumer price inflation data that could influence the Federal Reserve’s policy moves next week.Analysts expect the headline CPI to have risen 0.2 percent month-on-month in August, unchanged from the previous month.The dollar dropped, while gold gained ground due to dovish Fed expectations. Current expectations lean towards a 25-basis point cut, but that may not be enough to get ahead of the economy.Oil prices rose more than 1 percent in Asian trading after having dropped to nearly three years low in…
Active ETF bietet Engagement in europäische und US-amerikanische Collateralised Loan Obligations, kurz CLOs. 11. September 2024. FRANKFURT (Börse Frankfurt). Seit Mittwoch ist der erste Active-Exchange Traded Fund von Fair Oaks Capital über Xetra und Börse Frankfurt handelbar. Der Fair Oaks AAA CLO Fund UCITS ETF wird aktiv verwaltet und bietet Anleger*innen erstmals in Europa Zugang zu einem Portfolio von AAA-bewerteten Collateralised Loan Obligations. Diese bestehen aus verbrieften und gebündelten Unternehmenskrediten, die variabel verzinst werden. Der Fonds ist ein Long-only-Portfolio ohne Leverage und wird gemäß der EU-Verordnung über die Offenlegung nachhaltiger Finanzprodukte (SFDR) als Artikel 8 eingestuft.Ziel des Fonds ist es, attraktive risikobereinigte…
Lester Bond was a coach, educator, husband, father, and a friend. His legacy continues through the many lives he touched in the 209.Bond died of pancreatic cancer on Aug. 14, in the comfort of his Manteca home, surrounded by loved ones. He was 80 years old.”This was a very big surprise to us,” June Bond, wife of Lester Bond, told The Stockton Record. She described her husband as someone who “loved people” and “saw the best in everybody.””People really don’t know how much he loved everybody,” she said. “Somebody would walk by and he would remember, oh, that’s the guy…