Meta is reportedly considering charging for ad-free versions of s🐼ome of its💫 social media platforms in Europe, and Ford and General Motors lay off more workers amid an ongoing strike. Here’s what investors need to know today.
1. Meta💜 Weighs Charging Ad-Free Subscription Fees in Europe
Meta Platforms (META) is reportedly planning to start charging European users a monthly subscription fee for ad-free versions of apps like Facebook and Instagram. The proposal comes after European Union rules threaten to restrict the social media giant’s ability to show personalized ads to users in the region.
2. Ford, General Motors Lay Off More Workers as UAW Strikౠe Continues
Ford (F) and General Motors (GM) laid off another 500 workers as a result of the ongoing United Auto Workers (UAW) strike, coming after the two companies laid off workers last week due to work stoppages at plants. Shares of GM dipped about 0.2% in the pre-market, while Ford shares moved up fractionally, and Stellantis (STLA) shares gained 0.2%.
3. Tesla Shares Dip After Third Quarter Deliverie꧑s Miss
Tesla (TSLA) shares dipped 1% in pre-market trading after reporting third quarter deliveries on Monday that came in below expectations. Tesla said it delivered 435,059 澳洲幸运5官方开奖结果体彩网:electric vehicles (EVs) during the third quarter, below estimates of 461,000, while vehicle deliveries were up 26.5% from the 343,830 in the same quarter a year ago.
4. Kellanova Shares Rise After Tumbling✅ in First Day of Trading Following Kellogg Split
Shares of Kellanova (K) rebounded 1% in pre-market trading after shares of Kellanova and WK Kellogg (KLG) had 澳洲幸运5官方开奖结果体彩网:tumbled yesterday in their first day of trading as separate entities. Shares of WK Kellogg, which houses the former Kellogg's breakfast cereals like Frosted Flakes, fell another 0.4% in the pre-market trading.
5. Job ඣOpenings Expecꦯted to Remain Steady in JOLTS Survey
The 澳洲幸运5✤官方开奖结果体彩网:Job Openings and Labor Turnover Survey (JOLTS) for August is projected to show job openings staying steady at 8.8 million in August, the same as the prior month, when that data is released at 10 a.m.. ET. At 8 a.m. ET, Atlanta Fed President Raphael Bostic is scheduled to speak.