Tesla (TSLA) launched a small fleet of robotaxis in Austin, Texas, charging $4.20 per ride.
According to Bloomberg, Apple (AAPL) executives might be exploring a deal to acquire Perplexity AI (PEAI.PVT), valued at $14 billion, to boost its artificial intelligence (AI) search engine ambitions.
International airline stocks Air France (AF.PA), Lufthansa (LHA.DE), and International Consolidated (IAG.L) are under pressure, suspending some Arabian Gulf flights as the tensions between Iran and Israel escalate.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
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Now time for some of today's trending tickers. We are watching Tesla, Apple, and the Airlines industry. First up, Tesla rolling out its long-awaited robo taxis over the weekend in Austin, Texas. CEO Elon Musk says that the company is starting with a small fleet of about 20 cars in Austin and will eventually expand based on performance. The EV manufacturers charging a flat rate of $4.20 for each ride. Next up, Apple eyeing a potential acquisition bid for perplexity AI according to a report from Bloomberg. A deal would help Apple develop an AI-based search engine. The discussions are in early stages among Apple executives and may not lead to an offer. Perplexity recently completed an investment round that valued it at $14 billion. And finally here, international airline stocks, they are falling as the conflict escalates in the Middle East. This after the US entered the conflict over the weekend striking Iran's underground nuclear facilities. British Airways owned by International Consolidated Airlines Group, Air France and Lufthansa are among the major carriers that are suspending flights in the Arabian Gulf. You can scan the QR code below to track the best and worst performing stocks with Yahoo Finance's trending tickers page.
