Wall Street Breakfast Wall Street futures slip to start September
Sep 2, 2025
Wall Street faces a dip as concerns over tariffs resurface. Tesla struggles in India with only 600 orders post-launch. Controversy arises as a tech firm creates chatbots using celebrity likenesses, including Taylor Swift, without consent. This raises ethical questions and stirs public outrage. Additionally, there are hints of potential presidential announcements that could shift market dynamics, while ongoing developments in cryptocurrency continue to gain attention.
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Negative Start To September Markets
- Wall Street futures opened lower, signaling investor caution entering September.
- Rising policy uncertainty around presidential statements can meaningfully affect market expectations.
Tesla's Slow India Launch
- Tesla received just over 600 orders since launching sales in India in mid-July, well below expectations.
- Deliveries will initially be limited to four cities based on full payments received and delivery capacity.
Meta's Celebrity Chatbot Problem
- Meta users and employees built flirty celebrity chatbots, some falsely claiming to be real, exposing moderation gaps.
- Meta removed about a dozen bots and blamed failures in policy enforcement and parody labeling.