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Daily U.S. Stock Market Highlights (Wednesday, July 10)

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2024-07-10 20:32:13
< br > < b > Stock News < br > < span class = "section-news" > 1. TSMC (TSM. N) will start pilot run chips for the 2nm node process next week. The pilot run work will be implemented in the new wafer factory in Baoshan, Hsinchu. < br > < span class = "section-news" > 2. Artificial intelligence company xAI and Oracle (ORCL. N) have concluded negotiations for a potential $10 billion server deal. < br > < span class = "section-news" > 3. Danish energy and telecommunications giant Norlys Group has selected Nokia (NOK. N) to provide its mobile core network and hosting services. < br > < span class = "section-news" > 4. Microsoft (MSFT. O) and Apple (AAPL. O) will step down from OpenAI's board of directors due to antitrust review issues, it said. < br > < span class = "section-news" > 5. UiPath (PATH. N) announced a restructuring plan that will cut 10% of its workforce to cope with a halving of its market value. Most of the layoffs will be implemented at the end of Quarter 1 in fiscal year 2026, which will end in April next year. < br > < span class = "section-news" > 6. Amazon (AMZN. O) will increase its renewable energy purchases in Japan. < br > < span class = "section-news" > 7. Tesla (TSLA.US) 's share of electric vehicle sales in the U.S. fell below 50 percent for the first time. < br > < span class = "section-news" > 8. Stellantis (STLA. N): Car sales in the European region rose 0.9 percent year-on-year in the first half, reaching a market share of 18.2 percent. < br > < span class = "section-news" > 9. Shell (SHEL. N), BP (BP. N) and others have agreed to invest in Abu Dhabi National Oil Company's liquefied natural gas plant. < br > < span class = "section-news" > 10. Toyota Motor (TM. N) invests in electric vehicle charging service IONNA. < br > < span class = "section-news" > 11. Only a quarter of patients in the United States are still taking their medication after two years of treating obesity with Novo Nordisk's (NVO. N) Wegovy or Ozempic.
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