Here are the companies Yahoo Finance is watching today.
Goldman Sachs (GS) is getting ahead of the Fed when it comes to cutting interest rates. It's shaving the rate it pays on its high yield Marcus savings account to 2.15%. It was previously 2.25%. Goldman didn't explain the move, but Ally Financial (ALLY) made a similar adjustment earlier this week saying rates are quote "on the downswing."
A hacker warning for some insulin pumps. The FDA is telling patients who use certain Medtronic (MDT) insulin pumps, that a hacker could potentially break in to change the settings. However, the company insists the danger is small, and there have been no confirmed cases. They say patients should pay attention to any alarms or alerts they get from the pumps.
A big recall at Mattel's (MAT) Fisher Price. It's recalling 71,000 inclined-sleeper accessories for the Ultra-Light Day and Night Play Yard. While there have been no reported injuries or deaths with these models, the American Academy of Pediatrics advises against using inclined sleepers - which allows babies to sleep at an approximately 30-degree angle. Back in April, Fisher Price recalled 4.7 million Rock 'n' Play sleepers for similar concerns.
Facebook (FB) and Google (GOOG) are expected to face new regulators in Australia for their news and Ads. This comes after the Australian Competition and Consumer Commission looked at the impact Facebook and Google's sites have on competition in media and advertising. The commission found that for every $100 spent on digital advertising in Australia, $47 goes to Google and $21 goes to Facebook.
SpaceX is reportedly after more than $300 million in fresh funding, according to reports. Part of the investment in SpaceX is from the Ontario Teachers’ Pension Plan, which has $191.1 billion in assets under management. The new capital would bring SpaceX's total fundraising for the year to $1.33 billion.