As buy-now-pay-later startups keep raising capital, a dive into Klarna, Afterpay and Affirm’s earnings
The BNPL space is flush with consumer interest but not yet awash in profits as major players battle one another for global spend share with a glut of smaller startups hot on their heels. Venture capitalists continue to fund buy-now-pay-late.....»»
Apple reversed its stock trajectory for the year in 30 minutes
Apple stock was having a tough year after some early gains — until investors erased the loss after Thursday's earnings report.Apple's share price has risen following its latest earnings reportInvestment firm Bernstein was right when it told clients.....»»
Apple Vision Pro a big hit in enterprise
During the Apple earnings call, Apple CEO Tim Cook shared that half of Fortune 100 companies have purchased Apple Vision Pro units.Apple Vision Pro is making a splash in enterpriseApple Vision Pro is the first spatial computer from Apple and has prov.....»»
BorgWarner generates higher revenue, earnings as demand grows for hybrids
Detroit automakers such as GM have plans to bring back hybrids to the market, feeding customer demand for a bridge to all-electric powertrains. BorgWarner's CEO kept details around hybrid quoting activity close to the vest......»»
Great white sharks off South Africa"s coast are protected by law, but not in practice—this needs to change
In less than eight years, white sharks in South Africa have all but disappeared from their historical hotspots in False Bay and Gansbaai, on the Western Cape coast. These areas were once known as the "white shark capital of the world" and were home t.....»»
Nepal battles raging wildfires across the country
Firefighters and local residents battled a massive wildfire on the outskirts of Nepal's capital Thursday as the Himalayan republic endures a severe fire season authorities have blamed on a heat wave......»»
All upcoming Switch games: 2024 and beyond
The Nintendo Switch is home to a superb library of games, and more are on the way. In this roundup, we'll dive into the best upcoming Switch games......»»
Kenya"s devastating floods expose decades of poor urban planning and bad land management
Floods in Kenya killed at least 169 people between March and April 2024. The most catastrophic of these deaths occurred after a flash flood swept through a rural village killing 42 people. Death and destruction have also occurred in the capital, Nair.....»»
Tomorrow’s AAPL Q2 earnings likely to be $5B down
AAPL Q2 earnings are set to be announced tomorrow, and the company had already warned that we should expect a year-on-year revenue drop of around $5B. Analysts expect the same thing, and the outlook for Q3 isn’t expected to be any better, so in.....»»
iPhone demand is falling, claims component supplier Skyworks
Apple supplier Skyworks has been regarded as a proxy for Apple's iPhone demand, and the company may have some bad news for investors.Apple's iPhone 15 ProSkyworks does not break down its earnings by customer, but it has been a longtime partner for Ap.....»»
Credit Acceptance Q1 net income down 35%; loan volume grows
Credit Acceptance Corp. Q1 2024 earnings: Net income fell 35 percent year over year during the first quarter as the major national car loan company grew its loan portfolio but had higher expenses......»»
Carvana"s plans to return to growth sought ahead of Q1 earnings
How the company executes its next growth period is critical, Carvana CEO Ernie Garcia said......»»
Apple"s Q2 2024 earnings results may have some drama -- what to expect
Apple's Q2 financial results are being announced on May 2, and it might be rough, compared to the financial victories of the last five years. Here's what to expect, and what the analysts are saying.Apple CEO Tim CookApple will be issuing its second-q.....»»
iPhone users try telling their bosses the alarm didn"t go off
An unknown number of iPhone users have been reporting that their alarms may go off on time, but without making a sound, so it's not their fault they're late at all.Your iPhone may think you need a lie-inMaybe Apple's latest earnings are going to be s.....»»
Lithia: Driveway Finance has $2M loss in Q1, still on track for profitability in 2024
Lithia Q1 2024 earnings: Car dealer Lithia Motors Inc.'s developing captive finance company Driveway Finance Corp. lost $2 million during the first quarter, compared with a $21 million loss a year earlier......»»
Long snouts protect foxes when they dive headfirst into snow, study finds
When hunting for mice in winter, red and Arctic fox are known to plunge headfirst at speeds of 2–4 meters per second, but their sharp noses reduce the impact force in snow and protect them from injury, according to a new Cornell University study......»»
Peacock is raising its prices this summer
Just in time for the Summer Olympics and the fall football seasons, Peacock becomes the latest streaming service to implement a price increase......»»
Apple"s earnings will be flat ahead of AI-enabled iPhone
Investment analyst firm TD Cowen is predicting that Apple's next earnings call will show little growth, but says forthcoming AI features could prove significant.iPhone 15 Pro rangeAnalysts such as JP Morgan in March 2024, and Morgan Stanley in Novemb.....»»
The giant sheep helping Tajikistan weather climate change
In the hills outside the Tajik capital Dushanbe, shepherd Bakhtior Sharipov was watching over his flock of giant Hissar sheep......»»
Top 5 stories of the week: GM, Ford and Tesla earnings; lowest-cost EVs
A quick look at the week's top automotive stories.....»»
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......»»