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Automakers keep reviving classic nameplates — Bronco, Hummer, Camaro — because brand recognition is cheaper than building it from scratch.
UBS Global Wealth Management raised its S&P 500 year-end target to 8,100, citing a stronger earnings outlook and confidence in sustained profit growth into 2026.
UiPath CEO Daniel Dines sold 1.4 million shares for $22.5 million under a Rule 10b5-1 plan, retaining 26.5 million shares — a 5% ownership stake.
Five invited journalists and two military personnel were briefly detained at gunpoint at Vandenberg Space Force Base after security officers mistook them for unauthorized intruders.
Elon Musk plans a Texas semiconductor factory the size of 1,000 Costco stores. Rural residents are raising infrastructure and water concerns.
Deoleo shares jumped 16% Wednesday as competing bidders escalated a takeover fight for the world’s largest olive oil bottler and marketer.
UBS Global Wealth Management raised its S&P 500 year-end target to 8,100, citing a stronger earnings outlook and confidence in sustained profit growth into 2026.
Deoleo shares jumped 16% Wednesday as competing bidders escalated a takeover fight for the world’s largest olive oil bottler and marketer.
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Automakers keep reviving classic nameplates — Bronco, Hummer, Camaro — because brand recognition is cheaper than building it from scratch.
Meta Platforms’ federal trial in California begins Tuesday with opening arguments. The proceedings are expected to last six to eight weeks.
Eight-year-old Beckett Phelps is showing interest in swimming, with early guidance from Bob Bowman, the coach who built his father Michael Phelps’ career.
U.S. stocks hit a record after July inflation data showed improvement, while Asian shares fell mostly lower and U.S. futures stayed little changed.
Finance
UiPath CEO Daniel Dines sold 1.4 million shares for $22.5 million under a Rule 10b5-1 plan, retaining 26.5 million shares — a 5% ownership stake.
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Archer Aviation projects losses up to $200M per quarter with $1.6B in cash, giving it roughly 8 quarters before funds run out. FAA certification is the key milestone.
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Lucid delayed its Cosmos SUV amid dwindling liquidity. The move looks like capital discipline, but raises questions about whether the company can execute its roadmap.
