Amazon’s acquisition of iRobot reached $1.7 billion.

In a deal estimated at $1.7 billion, Amazon announced last Friday
its acquisition of the vacuum cleaner manufacturer Roomba.
Always sophisticated electrical appliances

Amazon officials believe that iRobot and its team have proven their efficiency over the past years,
and it is worth noting that the deal may obtain
the approval of all the company’s stockholders and official regulators,
and Amazon will pay $61 per share in addition to guaranteeing the company’s debts.
While retaining the current CEO after the acquisition.

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SpaceX is seeking to raise two billion dollars in financing since the beginning of this year 2022.

Fed officials “no indications of a decline in inflation so far”.

SpaceX is seeking to raise two billion dollars in financing since the beginning of this year 2022.

In a new financing round by SpaceX, it was able to raise $250 million in order
to raise the total funding this year to $2 billion.
Reports indicate that the owner of the company, Elon Musk,
was able to obtain financing through five investors in its financing round during the month of July,
and so far, no change in the value of SpaceX has been announced,
after the funds had arrived in May of the year. current to 127 billion dollars
The main objective of the company’s pursuit of financing operations was to work on the two largest projects in the coming period,
namely, the Internet via satellite “Starlink” and the next generation missile “Starship”.

Tesla is accused of giving its customers misleading information about its car systems.

In a lawsuit filed by the California Automated Vehicle Administration on July 28,
the company issued misleading, false,
and unrealistic statements about self-driving technologies for its vehicles.
As it was found that 70% of the total reports recorded in July were caused by self-driving cars,
and the number of accidents reached 392, according to reports.
Tesla shares fell by 6.63% at the close of the New York Stock Exchange on Friday,
bringing its share price to 864 dollars.

artical name Amazon’s acquisition of iRobot reached $1.7 billion.

Fed officials “no indications of a decline in inflation so far”.

In direct confirmation by four presidents of the Federal Reserve Bank of America,
that there is no sign of a decline in inflation rates in the United States so far,
amid evidence indicating a decline in the economy
In the words of “Marie Daly”, President of the Federal Reserve Bank of San Francisco,
“We remain firm and completely united” in the face of inflation and reducing it to the 2% target
The statements had an impact on the rise in US bonds,
as investors expected a new increase in interest.

Evidence search stage

In a statement, “Meister” said that it seeks to see clear evidence
that the increase in prices during each month is witnessing a decline before saying that the central
tightening cycle has already begun to verify its goal in the face of rising inflation.
The US Federal Reserve raised interest rates three-quarters of a percentage point
last week for the second month in a row in order to control inflation.

Data indicating shrinkage

After the release of the US gross domestic product during the second consecutive quarter,
which showed a contraction, which is the economic indicator of the state of recession
Powell’s statements after the decision and in his press conference were
that they are in the process of a new increase in interest rates at the next meeting,
which is scheduled to be held on September 20-21.
“I’m really looking forward to seeing what this data tells us to determine
if we can adjust the rate of price increase a little bit,
or if we need to continue” the massive hikes,” said Mary Daly.

Recession is ruled out for now

In a statement, “Bullard” said that the economy in the United States is not going through a recession
and that the Federal Reserve has the ability to confront high inflation in an orderly manner
and achieve its goal without experiencing an economic downturn
Meester stated that the slowdown that we see in some data points does not represent strong evidence of
describing the US economy in a state of recession,
and the US Federal Reserve seeks to engineer the decline in its economic activity in order to make demand
keep pace with the limited supply in the economy.

artical name Amazon’s acquisition of iRobot reached $1.7 billion.

Amazon&#8217;s acquisition of iRobot reached $1.7 billion.

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Amazon’s acquisition of iRobot reached $1.7 billion.