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Tesla (TSLA) hints at potential new mannequin forward of October 7 reveal. (00:25) Firefly Aerospace (FLY) to purchase SciTec for $855 million to advance tech capabilities. (01:21) Launch occasion for Taylor Swift’s new album tops weekend home field workplace with $33M (AMC). (02:17)
That is an abridged transcript.
Tesla (NASDAQ:TSLA) is teasing an upcoming occasion for October 7.
A ten-second video posted on the social media platform X on Sunday night time confirmed a car with its headlights illuminated in a darkish setting.
The corporate hinted at an occasion scheduled for Tuesday in a separate video that had “10/7” on the finish. The video was posted early Sunday morning. That video exhibits one thing spinning. One commenter stated it was the Tesla frisbee and others stated it was a wheel.
The posts are fueling hypothesis a few lower-cost mannequin that would assist Tesla preserve its gross sales momentum.
Tesla (NASDAQ:TSLA) delivered 497.1K automobiles within the third quarter, a quarterly file for the corporate, and surpassed consensus estimates for 448K.
Consumers rushed to capitalize on the top of the $7,500 authorities tax credit score.
Firefly Aerospace (NASDAQ:FLY) is ready to amass SciTec for about $855 million.
SciTec is a nationwide safety know-how agency.
The transaction will likely be a mixture of $300 million in money and $555 million in Firefly shares issued at $50 per share.
This acquisition is focused to shut by the top of 2025.
The acquisition goals to reinforce Firefly’s (NASDAQ:FLY) potential to assist U.S. protection missions by integrating SciTec’s software program, huge knowledge analytics, distant sensing, and multi-phenomenology knowledge experience into Firefly’s current area and protection portfolio.
As soon as finalized, SciTec will likely be operated as a subsidiary of Firefly.
SciTec generated revenues of roughly $164 million for the twelve-month interval ending June 30, 2025.
A Taylor Swift listening occasion film that includes further content material from her new album, The Lifetime of a Showgirl, has topped the weekend home field workplace.
The 89-minute movie solely proven at AMC theatres introduced in a haul of $33M from about 3,700 theaters, in keeping with studio estimates compiled by Comscore.
The Official Launch Occasion of a Showgirl had a brief 3-day run and included an unique music video premiere and private reflections by Swift on the songs within the album.
In second place was Warner Bros.’ (NASDAQ:WBD) One Battle After One other introduced in $11.2M, a drop from final weekend when it debuted with $22.4M.
Third place noticed one other new launch in A24’s The Smashing Machine, which pulled in $6M from greater than 3,300 places.
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OpenAI will maintain its third annual OpenAI DevDay occasion at Fort Mason in San Francisco. Audio system will embody Sam Altman.
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The eyes of the worldwide gaming trade will likely be on the World Gaming Expo commerce present in Las Vegas. Collaborating corporations embody MGM Resorts Worldwide (MGM), Caesars Leisure (CZR), Boyd Gaming Company (BYD), and Flutter Leisure (FLUT).
Dow, S&P and Nasdaq futures are within the inexperienced. Crude oil is up 1.7% at almost $62/barrel. Bitcoin is up 0.25% at $123,000. Gold is up 1.4% at $3,940.
The FTSE 100 is down 0.2% and the DAX is flat. The market in China stays closed for a vacation. The Hong Kong market will likely be closed Tuesday for a vacation.
The most important movers for the day premarket: Essential Metals (NASDAQ:CRML) +75% – Shares surged following a report that stated the Trump administration is in talks to take an fairness stake within the firm, whose flagship Tanbreez mine in Greenland is without doubt one of the world’s largest uncommon earth deposits.
