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Daily U.S. Stock Market Highlights (Tuesday, August 20)

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2024-08-20 21:18:48
< br > < b > IMPORTANT NEWS < br > < span class = "section-news" > 1. Former US President Donald Trump: Will consider scrapping the $7,500 tax credit for electric vehicles. If elected, Musk will be considered for a cabinet or advisory role if he wishes. < br > < b > Stock News < br > < span class = "section-news" > 1. Action camera maker GoPro (GPRO. O) announced that it will cut about 15% of its workforce this year. < br > < span class = "section-news" > 2. Market news says Apple (AAPL. O) 's first India-made iPhone Pro model will debut this year. < br > < span class = "section-news" > 3. Li Auto (LI. O): Never conducted any business negotiations or cooperation with MedStyx. < br > < span class = "section-news" > 4. According to aviation news website The Air Current: Boeing (BA. N) has grounded the 777X testing device team due to structural failure of key engine installations. < br > < span class = "section-news" > 5. Tesla (TSLA. O) is recruiting a large number of personnel to train its humanoid robot Optimus by wearing motion capture devices to imitate the required movements of the robot. < br > < span class = "section-news" > 6. Johnson & Johnson (JNJ. N) has agreed to acquire medical device company V-Wave for a $600 million upfront payment. The deal is expected to close by the end of 2024 and includes potential additional regulatory and commercial milestone payments for approximately $1.10 billion. < br > < span class = "section-news" > 7. Eli Lilly (LLY. N) said the GLP-1 drug telpotide reduced the risk of type 2 diabetes in obese adults by 94 percent and reduced weight by nearly 23 percent. < br > < span class = "section-news" > 8. Bristol-Myers Squibb (BMY. N) announced that the European Medicines Agency (EMA) has completed the validation of its application for a new indication for CAR-T cell therapy.