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Oracle Corp’s (NYSE: ORCL)...

Oracle Corp (NYSE: ORCL) falls down to its knees, share dropped over 12.15%...

RTX Corp (NYSE: RTX)...

RTX Corp (NYSE: RTX) experienced a notable decline of -7.22%, amounting to $6.03...

GameStop Corp. (NYSE:GME) Quarter...

GameStop Corp. (NYSE: GME) to announce its second quarter fiscal 2023 results after...

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Shares of Advanced Micro Devices (NASDAQ:AMD) drops 0.38% in afterhours in last trading...
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Tesla Inc. (NASDAQ:TSLA) Receives Police Visit; Confusions on Peak about Lock-Down Policy

Tesla Inc. (NASDAQ:TSLA) moving down around 1% in pre-trading session to $783.10 from $790.96 closing rate of a share last session on Thursday. It is reported on Wednesday that police visited U.S. car plant of Tesla Inc. to assess whether the electric-car maker was following to safety protocols decided to with the county that Elon Musk publicly declared he would defy prior in the week.

According to a police spokeswoman, a replacement with the Fremont, California, police department reached to the factory late in the late afternoon to view employee screening as well as physical distancing measures, moreover to settle universal use of face coverings. Findings from the visit, which Tesla was notified of in advance, will be showed to the public health officer for Alameda County that will determine acquiescence.

The police visit after an unclear series of events that has typified the U.S. debate over how soon to reopen the economy. On Tuesday, Alameda County released a statement that it had decided to let Tesla augment “minimum basic operations” at the factory over a full day following Musk, the CEO, stated the firm was restarting production as well as it was doing so against county rules. President of U.S.A., Donald Trump and Treasury Secretary Steve Mnuchin voiced support for the carmaker.

The county declared on Wednesday that Tesla representatives confirmed the company was not fully operating.

Related: Tesla Inc. (NASDAQ:TSLA) Not Surprises on U.S. Plant Reopen Permission; As Impossible For Tesla to Hit The Sales Goal  

A spokeswoman for the county health department, Neetu Balram stated in an email that Tesla has settled that its operations need a substantial lead time to become fully operational, and their current operations are only marginally above least business operations. She added, Multiple site visits at the plant done by Fremont police over several years and are capable to endorse the firm’s asserts based on their knowledge of what the carmaker’s normal operations look like.

Balram said, “Given the unique nature and scale of automobile manufacturing and the safety measures agreed to by Tesla, we concluded that ramp-up activity with a minimal increase in minimum basic operations can occur safely,”.

Oracle Corp’s (NYSE: ORCL) Cloud Business Faces Headwinds: What Lies Ahead

Oracle Corp (NYSE: ORCL) falls down to its knees, share dropped over 12.15% or $15.21 to trade at $111.50 in pre trading session on...

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Barrick Gold Corp (NYSE: GOLD) Executive Rules Out Counterbid for Australia’s Newcrest

Barrick Gold Corp (NYSE: GOLD) inches down on pre trading session on Tuesday as The company's chief executive has ruled out a counterbid for Australia's largest gold producer, Newcrest Mining (OTCMKTS: NCMGY), after the world's largest gold producer, Newmont...

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Coinbase Global Inc. (NASDAQ: COIN) Faces $3.6 Million Fine on Failure of Proper Registration in the Netherlands

Shares of Coinbase Global Inc. (NASDAQ: COIN) surges over 2.14% in pre trading session on Thursday as Due to the U.S. cryptocurrency exchange Coinbase's failure to get the proper registration in the Netherlands before to providing services, the Dutch...

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