BUSINESS

Tesla shares fell 2.6% as investors locked in gains before the Cybercab event. The company focuses on autonomy and robotics, with high capital expenditure and uncertain robotaxi revenue.

John Ternus becomes Apple's CEO, succeeding Tim Cook, as the company faces pivotal product launches and intensifying competition in artificial intelligence.

ProtonMail users face ongoing access issues due to recent outages, including a major data center cooling failure in Germany. The company is investigating and updating users via its status page.

Apple tested a specialised Apple Pencil for its foldable iPhone, but concerns over screen damage and design constraints likely prevent its launch alongside the device next month.

Fervo Energy's shares rose over 12% following a major geothermal power supply deal with Google, countering recent investor concerns and highlighting the company's strategic growth in clean energy.

The Dow Jones fell as Wall Street opened September cautiously, influenced by Middle East tensions, rising bond yields, and uncertainty over the Federal Reserve's next move.

Elon Musk announced Tesla's Full Self-Driving software will soon include pothole avoidance, a feature promised seven years ago. The update is expected as a software release, enhancing existing vehicles.

Pinnacle Investment's shares fell over 10% as investors reassessed the unchanged dividend despite a 31% profit rise and record inflows. The stock's volatility reflects market sensitivity to performance fees.

Australia's superannuation law exempts under-18 workers from retirement contributions unless they work over 30 hours weekly, affecting over 530,000 teens and sparking calls for reform.

Resolute Mining's half-year profits more than doubled due to surging gold prices, despite production challenges. Analysts suggest the stock may still be undervalued, highlighting potential investment opportunities.

OpenAI will end Cursor's access to its AI models following SpaceX's acquisition of Anysphere, citing trust issues with Elon Musk's companies. Developers can still access models via alternative methods.

Coinbase CEO Brian Armstrong criticises philanthropy as often being a 'net negative', sparking debate and drawing support from Elon Musk. Armstrong's comments highlight concerns about ideological capture in charitable foundations.

Microsoft Azure users reported access issues, marking the fourth Microsoft service affected within hours. The interconnected nature of Azure's infrastructure suggests a potential shared cause for the disruptions.

Users reported access issues with the Microsoft Store, marking the third service disruption within 90 minutes. The outages raised questions about a potential shared cause, though Microsoft hasn't confirmed this.

Microsoft Outlook users report ongoing disruptions, with Downdetector highlighting issues since 11:53 AM EDT. Despite frequent outages, Microsoft has yet to provide a detailed public statement.

GameStop's shares increased by over 4% following preliminary Q2 results showing higher profits despite lower sales, and amendments to convertible note agreements to reduce share dilution.

Tesla shares rose nearly 5% as the company announced the production of its Optimus humanoid robot, highlighting its robotics ambitions amid a declining broader market and ongoing macroeconomic challenges.