5 defining moments from Tesla"s Q1 earnings
Industry analysts expected bad news from Tesla's first-quarter earnings report after weak sales. But CEO Elon Musk provided an upbeat narrative by announcing new affordable models for next year......»»
Tesla announces fourth round of layoffs in four weeks
The latest cuts affect engineers, HR, and service advisers. Enlarge (credit: Karol Serewis/SOPA Images/LightRocket via Getty Images) On Sunday night, even more Tesla workers learned they were no longer employed by the c.....»»
Rivian to report Q1 earnings as EV maker cuts costs, prepares new models
While Rivian announced an $827 million incentive package from the state of Illinois last week, analysts still expect it to burn through billions in cash this year......»»
Openlane Q1 earnings: Net income rises 46%; revenue down 1%
Openlane said wholesale used-vehicle sales facilitated through its online marketplace rose 13 percent in the first quarter......»»
Tesla lays off more staff in software, service teams
Electric-vehicle maker Tesla has launched another round of layoffs including staff from the software, service and engineering departments, Electrek reported Monday, citing emails and sources familiar with the matter......»»
The universe could be filled with ultralight black holes that can"t die
Primordial black holes are hypothetical objects formed during the earliest moments of the universe. According to the models, they formed from micro-fluctuations in matter density and spacetime to become sand grain-sized mountain-massed black holes......»»
Morgan Stanley hikes Apple stock target after unexpectedly positive earnings
Despite a recent Apple stock price target cut bank Morgan Stanley is amongst Apple's biggest bulls — and it has proven that by nudging the company's price target up to $216.An Apple Store signMorgan Stanley was oddly bullish about Apple even as it.....»»
From scandals to slowdown, Toyota faces these top five challenges as it pursues record profits
Toyota expects stellar results in its fiscal-year earnings announcement on May 8, from record sales to record profits. But there could still be some wobbles in the final report, including guidance on whether it can keep up its red-hot pace......»»
AI in space: Karpathy suggests AI chatbots as interstellar messengers to alien civilizations
Andrej Karpathy muses about sending a LLM binary that could "wake up" and answer questions. Enlarge (credit: Getty Images) On Thursday, renowned AI researcher Andrej Karpathy, formerly of OpenAI and Tesla, tweeted a ligh.....»»
Lucid to report Q1 earnings amid cash burn, waning EV growth
The startup produced 1,728 Air sedans in the first quarter, running behind its 2024 forecast of 9,000 vehicles. Lucid plans to launch a second model, the Gravity crossover, this year......»»
Analysis paralysis - hot takes from investment firms in the wake of Apple earnings
Apple had a pretty good quarter despite China weakness, defying analysts' doom-and-gloom predictions. Here's what some of them think on the morning after.Apple's iPhone results may indicate China's buying higher-priced modelsThursday saw Apple CEO Ti.....»»
What’s happening at Tesla? Here’s what experts think.
Can things be turned around at Tesla, or is this the beginning of the end? Enlarge (credit: Aurich Lawson | Getty Images | Beata Zawrzel) No car company in recent years has been able to generate more news headlines than.....»»
Apple Q2 2024 earnings brought to life by Six Colors, with video too
Yesterday saw the announcement of the Apple Q2 2024 earnings report, which were pretty much exactly as expected – revenue coming in at $90.75B against Wall Street expectations of $90.1B. As usual, Six Colors has brought the numbers to life with.....»»
What did we learn from Tim Cook’s comments yesterday?
There were no surprises in Apple’s earnings report yesterday, with the company reporting close to the $5B year-on-year fall in revenue it had warned us to expect. Analysts got their usual chance to question CEO Tim Cook and chief financial offic.....»»
Apple blows away Wall Street earnings estimates, even with weak China iPhone sales
Apple has released its financial results for the Q2 2024 quarter, with earnings beating predictions despite China iPhone fears.Apple beat earnings estimatesFollowing after the improved Q1 2024 results, Apple has issued its Q2 results. Typically the s.....»»
Tim Cook teases AI ambitions & Apple"s developmental advantages
During the earnings call, CEO Tim Cook dodged as many questions as he answered about Apple's AI plans, but did share some insights into the company's philosophies about the approach.Apple's Tim Cook teases AI ambitions in latest earnings callWhile Ap.....»»
Tim Cook says DOJ antitrust lawsuit against Apple is ‘misguided’
Apple on Thursday announced its earnings for the second fiscal quarter of 2024, slightly beating expectations with $90.75 billion in revenue. During an interview, Cook also took a moment to talk about the US Department of Justice’s (DOJ) antitrust.....»»
Apple’s Q2 2024 earnings reveal a drop in iPhone, iPad sales
Services growth looked rosy as Apple's hardware revenue in China slowed. Enlarge / The Apple Park campus in Cupertino, California. (credit: Anadolu Agency | Getty) Apple's earnings report for the second quarter of the co.....»»
Apple announces Q2 2024 earnings, slightly beating expectations with $90.75 billion revenue
Apple has disclosed its fiscal year 2024 Q2 earnings results. The company reports $90.75 billion in revenue during the three-month period, dropping 4.31% year over year. Analysts expected revenue around $90.33 billion. Apple netted $23.64 billion i.....»»
Apple blows away Wall Street earnings guesses, even with weak China iPhone sales
Apple has released its financial results for the Q2 2024 quarter, with earnings beating predictions despite China iPhone fears.Apple CEO Tim CookFollowing after the improved Q1 2024 results, Apple has issued its Q2 results. Typically the second quart.....»»
Apple charms investors with record $110B stock buyback, dividend hike
Alongside disclosing its earnings for Q2 2024, Apple also announced that it is increasing the dividend it pays to shareholders by 4%, and is also buying back more stock in one program than ever before.Apple ParkDuring its quarterly earnings report, A.....»»