Core Point - Toyota is recalling 591,377 vehicles in the U.S. due to an issue with the instrument panel display that fails to show critical information, which increases the risk of a crash or injury [1] Group 1 - The recall affects a significant number of vehicles, totaling 591,377 in the U.S. market [1] - The issue is related to the instrument panel display, which does not provide essential information to the driver [1] - This malfunction poses a heightened risk of accidents or injuries, emphasizing the importance of vehicle safety features [1]

China’s Hesai Technology, a provider of light detection and ranging (LiDAR) solutions, has expanded its production agreement with a robotaxi firm based in the US. The agreement, exceeding $40m, ensures product deliveries till the end of 2026. Hesai will supply both long-range and short-range LiDARs to the US firm, whose name was not disclosed. The Chinese LiDAR maker noted that the robotaxi industry is currently undergoing a significant expansion phase, propelled by the progression of Level 4 (L4) auton ...

The U.S. stock market is kicking off the week with a cautiously optimistic tone, as investors keenly await a pivotal Federal Reserve interest rate decision and digest a flurry of corporate news. Premarket trading activity on Monday, September 15, 2025, shows major index futures generally trending higher, signaling a potential continuation of the strong performance seen last week.Premarket Activity and Futures MovementsAs the trading day begins, U.S. stock futures are showing modest gains across the board. S ...

Economic Impact of Tariffs - The economic fallout from Trump's "Liberation Day" tariff announcements has been milder than expected, with no immediate signs of empty store shelves or significant inflation increases [2][3] - Recent job data revisions indicate a downward trend, with May and June job gains revised to under 20,000, while the unemployment rate slightly increased to 4.2% in July [3][4] - The stability observed in economic indicators does not equate to strength, and experts caution against assuming this stability will continue [4][5] Tariff Implementation and Corporate Resilience - Tariffs have not been implemented as aggressively as initially announced, with many exemptions and delays introduced [5][6] - Strong corporate balance sheets have provided a buffer against the economic impact of tariffs, making the U.S. economy more shock-resistant [6] - The effects of tariffs take time to materialize, as companies like Rock City Coffee and Procter & Gamble have begun raising prices due to increased costs [7][9] Corporate Responses to Tariffs - Companies like General Motors and Ford are absorbing tariff costs, leading to significant financial impacts, including projected losses of $4-5 billion for GM by 2025 [9][10] - The current tariff policy is seen as reactive and inconsistent, disadvantaging many American companies while failing to align with their economic realities [10][11] Market Reactions and Investment Strategies - Despite the tariff impacts, equity prices remain strong, with companies absorbing costs or passing them on to consumers [12][13] - The market's response may not be rational, with signs of froth in credit markets, emphasizing the need for selectivity in investment [13][14] Company Performance Highlights - Amazon reported strong Q2 performance with earnings per share of $1.68, revenue of $167.7 billion, and AWS revenue growth of 17% [16][18] - Google maintained a stable search engine market share and reported a 12% increase in search revenue, alongside strong performance in its cloud and YouTube segments [19][21] - Novo Nordisk faced challenges due to competition from illegal alternatives to its weight loss drug, leading to lowered sales growth guidance [22][23]

LOUISVILLE, OH, Sept. 10, 2025 (GLOBE NEWSWIRE) -- September 10, 2025—ForeverLawn, Inc.® is excited to return to the track for the Food City 300 at the Bristol Motor Speedway. This will be Jeffrey Earnhardt’s final race of the season with the Sam Hunt Racing (SHR) team in the ForeverLawn Toyota, which will be streamed live on Friday, September 12 at 7:30 p.m. ET on CW. “I love Bristol — it’s one of my favorite tracks to run,” says Earnhardt. “SHR brought a great car last year and we qualified P6. We’re look ...

In shortThe global industrial AI market reached $43.6 billion in 2024 and is expected to grow at a CAGR of 23% to $153.9 billion by 2030, according to the Industrial AI Market Report 2025–2030 (published August 2025).Although Industrial AI spending today only represents 0.1% of revenue, most manufacturers now have a CEO-driven AI strategy with several industrial AI focus areas emerging: industrial data management/architectures, AI for quality & inspection, edge AI, industrial copilots, and employee training ...

Toyota Motor will consolidate production of its luxury Lexus brand cars in the United States into a single location from two in the face of high tariffs imposed by the Trump administration, the Nikkei... ...

It’s been a forgettable 2025 for Tesla  (TSLA) so far, shaped as much by the chatter around its CEO as by the numbers on its income statement. Elon Musk’s political endeavors and clashes with labor groups led to widespread European protests early this year, hurting brand equity just as its Chinese rivals turned up the heat. By mid-summer, the cracks showed up in its fundamentals. Q2 deliveries tanked nearly 14% to 384,000 vehicles, with sales slipping 12% to $22.5 billion, and operating income dropping ...

Core Viewpoint - Joby Aviation is positioned as a leading player in the emerging electric vertical take-off and landing (eVTOL) market, with significant potential for growth and disruption in urban transportation [2][3][4]. Company Progress - Joby Aviation has made substantial progress in the FAA certification process, completing about 70% of stage four, while the FAA is over 50% through its portion [5][6]. - The company has successfully conducted 21 piloted test flights in Dubai, aiming to complete its vertiport at Dubai International Airport by early 2026 [9]. - Joby has formed a strategic partnership with L3Harris Technologies to develop a gas turbine hybrid craft for defense applications, with test flights expected in the fall [10]. Market Potential - The eVTOL market is projected to grow to $9 trillion by 2050, indicating a vast opportunity for public transportation and other applications such as medical emergencies and package delivery [3]. - Joby Aviation's transition from a pre-revenue company to one that could potentially fly passengers commercially in 2026 may lead to a significant valuation boost [11]. Financial Considerations - Joby Aviation currently holds approximately $991 million in cash, with a cash burn rate of about $500 million over the past 12 months, suggesting a need for new capital within a couple of years if revenue does not materialize [12][13]. - The company has a market capitalization of around $11 billion, with a projected full-year revenue of approximately $232,000, resulting in an extremely high price-to-sales (P/S) multiple [14]. Investment Sentiment - Joby Aviation is seen as a potentially disruptive industrial stock, akin to Uber Technologies, appealing to aggressive growth investors, while more cautious investors may prefer alternative stocks or industrial ETFs [15].

India is one of the most open economy in terms of foreign direct investment. India's largest FMCG company, automobile company, telecom company, mutual fund, private sector bank, insurance company, all are majority owned by foreigners. There's hardly any other country in the world where foreigners will be allowed to own such kind of industry.However, can we improve further upon this. My favorite example on foreign direct investment is Marauti Suzuki. In the 80s, Suzuki came to set up an automobile company in ...