Other news

Apple announced that it will hold a press conference to unveil the new iPhone 14 line. The event is scheduled to take place on Sept. 7 at 1 p.m. ET. The event will be streamed via the company's official website.

The value of U.S. natural gas has reached a maximum for 14 years, equaling to $10 per MMBTU. The quotes are primarily affected by fears about global fuel reserves being scarce.

The strengthening dollar combined with anticipated challenges of the upcoming winter takes its toll on the euro. The european currency has again fallen below parity, which is already the second time in recent months. Experts suggest it to be the beginning of a significant and prolonged decline.

Pfizer Inc and its German partner BioNTech announced that they have submitted a request to the U.S. FDA for approval of an updated vaccine against COVID-19. It is known that the vaccine is aimed at protecting against the latest Omicron variants. The company is ready to deliver vaccine doses as soon as the FDA approval process is done.

Intel entered a partnership with the Canadian investment company Brookfield to invest up to $30 billion in creating new advanced facilities for their semiconductor production in Chandler, Arizona. It became the corporation’s next step in its strategy of increasing the production volume.

Moderna Inc. submitted the FDA request for a booster dose aimed at modern COVID-19 variants. The step is designed to ensure greater protection in fighting the virus.

As a result of the significant rise of travel industry after the decline, Lyft continues showing a decent performance, despite all the inflation struggles the country is dealing with at the moment. In a recent conversation with Yahoo Finance Live, Lyft President and Co-Founder John Zimmer noted an increased number of post-pandemic trips and rides, and emphasized the growing significance of transportation for people.

Full self-driving (FSD) software by Tesla Inc. is about to hike to $15,000. This is the second price advance in 2022. The decision comes into force on September 5, concerning North America exclusively.

Japan's manufacturing activity growth hit the lowest level in 19 months. Output and new order inflows fell amid rising prices for raw materials and energy and weakening global demand.

eBay announced the acquisition of TCGplayer, an online marketplace for trading card goods. The deal is estimated at $295 million worth, the enterprise said on Monday. Buying process is likely to close officially in the first quarter of 2023.