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05.10.26 - 23:54
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Tiffany McGhee Says Earnings Must Show AI Spending Is Paying Off (Bloomberg)
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Tiffany McGhee, CEO and CIO of Pivotal Advisors, described the market as resilient but still sensitive to interest rates. Ahead of earnings season, which begins Tuesday the 13th, she said investors will focus on whether companies can demonstrate monetization of their AI investments, as well as whether geopolitical tensions are affecting individual businesses. She speaks with Scarlet Fu & Hema Parmar on "The Close." (Source: Bloomberg)...
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05.10.26 - 21:24
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Fuel Price Shock Pushes Gas Cars Under 50% Of Global New-Auto Sales For First Time (ZeroHedge)
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Fuel Price Shock Pushes Gas Cars Under 50% Of Global New-Auto Sales For First Time
By Tsvetana Paraskova of OilPrice.com
The share of gasoline cars in global vehicle sales fell below 50% for the first time ever as the Hormuz shock and the resulting record-high fuel prices accelerated the previously sluggish shift toward EVs outside China.
A few years ago, China blew past the threshold of 50% of all car sales being hybrids and EVs, and the share is now about 55%. But the rest of the world didn't follow until the Iran war disrupted the fuel markets.
Global sales shares of EVs are far from the Chinese numbers, but the shift toward electric vehicles has been remarkably fast amid spiking gasoline and diesel prices, which pushed many consumers to choose EVs.
The surge in gasoline prices this year led to the first dip in the share of gasoline-fueled cars below 50%, ever, according to data by automotive data and analytics provider Mobility Global cited by Nikkei Asia.
Between January and June, sales ...
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05.10.26 - 21:09
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Devisen: Eurokurs verringert Verlust (DPA-AFX)
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NEW YORK (dpa-AFX) - Der Euro hat sich am Montag im US-Handel ein wenig von seinem deutlichen Verlust erholt. Zuletzt notierte die Gemeinschaftswährung bei 1,1214 US-Dollar, nachdem sie im europäischen Vormittagsgeschäft erstmals seit Mai 2025 unter die ......
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