- US Stock Futures Decline After Labor Day
U.S. stock futures are lower in premarket trading following the Labor Day weekend, with Nvidia (NVDA) shares leading the decline. Investors await key jobs data later this week, which could influence Federal Reserve interest rate decisions. - Intel to Present Break-Up Plan
Intel (INTC) is reportedly preparing to propose a plan to separate parts of its business to its board in mid-September. The plan may include splitting off its programmable chip unit, Altera, as part of cost-cutting efforts. - Volkswagen May Close Plants Amid Cost-Cutting
Volkswagen is considering factory closures and broad restructuring in response to competitive pressures in Europe. The company may also reduce production of certain vehicle lines. - Tesla to Produce 6-Seat Model Y
Tesla (TSLA) plans to produce a six-seat version of its Model Y in China by late 2025. This move aims to boost the appeal of its best-selling electric vehicle. - China Launches Trade Probe in Response to Canadian Tariffs
In retaliation to Canada’s 100% tariff on Chinese-made EVs, China has initiated an anti-dumping investigation on Canadian rapeseed imports, which are critical to the country’s industrial and cooking oil sectors.