Tesla gives details on electric semi truck reveal
Tesla (TSLA) announced plans to unveil its highly anticipated all-electric semi truck on October 26 at its Hawthorne, Calif., facility. In a tweet Wednesday evening, CEO Elon Musk described the new vehicle as a “beast” and said a test ride would accompany the launch. Tesla shares have jumped about 71% since the start of the year.
Google announces launch date for the Pixel 2
Google (GOOGL) has released a new promo video for the Pixel 2, revealing October 4 as its launch date. This will be exactly one year after the tech giant launched its first phones, the Pixel and Pixel XL. We still don’t know many details about the upcoming device, although there are reports that say it will include Qualcomm’s Snapdragon 836 processor.
Morgan Stanley warns Hertz’s rally is ‘played out’
Morgan Stanley downgraded Hertz (HTZ) from equal weight to underweight, warning that Hertz’s stock could lose its upward momentum. Analyst Adam Jonas is worried about the stock’s valuation following its recent rally. Shares of Hertz were down 10.2% as of noon ET.
Equifax CEO agrees to testify before Congress
Equifax (EFX) CEO Richard Smith has agreed to testify before a special House panel about the company’s massive security breach which impacted up to 143 million Americans. The hearing is scheduled for October 3.