AutoNation, Sonic likely to be hardest hit on Q2 earnings by CDK cyberattack
Both the second- and sixth-largest dealership groups in the U.S. use CDK's dealer management system at all stores......»»
Another overnight sonic boom possible from SpaceX launch of moon-bound lander
Another commercial company is trying to become the first to land on the moon with a planned overnight launch atop a SpaceX rocket that could bring another sonic boom to Central Florida......»»
AutoNation cut back regional executives, reports $7 million in severance expenses
The company said in a statement it is trying to reduce internal bureaucracy, improve decision-making response times and "increase direct interactions with the executive team.".....»»
AutoNation Q4 net income drops 25%
AutoNation Inc.'s net income dropped 25 percent in the fourth quarter, another double-digit percentage decline for the company. Revenue was up 1 percent; new-vehicle sales jumped and used-vehicle sales dropped......»»
Magna Q4 earnings surge despite UAW, EV production headwinds
Magna International Inc., the largest North American parts supplier, on Friday said its fourth-quarter net income surged 185 percent to $271 million from a year earlier thanks to steadier global new-vehicle production......»»
BorgWarner Q4 earnings, revenue improve, but EV pullback raises concerns
BorgWarner's earnings fell short of expectations, leaving investors with questions about the supplier’s exposure to EV programs......»»
Politically conservative CEOs found to think differently about transparency
As a purely voluntary form of disclosure, management earnings forecasts may tell us as much about the managers themselves as about their company's financial future. All sorts of personality traits may influence the content and cadence of forecasts, b.....»»
EV pullback hits BorgWarner revenue, earnings
Supplier BorgWarner's Earnings fell short of expectations, leaving investors with questions about the supplier’s exposure to EV programs......»»
Roblox sees Apple Vision Pro as "an interesting candidate" for expansion
During its quarterly earnings call, Roblox's CEO hinted at the possibility of expanding the game to the Apple Vision Pro and expressed the company's desire to have "Roblox everywhere."Roblox sees Apple Vision Pro as 'an interesting' place to expandRo.....»»
Asbury Q4 net income down 84%; company trims revenue goal
Asbury Automotive Group Inc. Q4 2023 earnings: ABG saw net income fall 84 percent year-over-year to $55.5 million. It also set a future revenue goal of $30 billion instead of the $32 billion it had previously targeted......»»
Subaru lifts profit outlook as quarterly sales, earnings surge
Subaru profits surge in the latest quarter as U.S. sales climb, helping fill the Japanese automaker’s coffers for investment in electrification and other next-generation technologies......»»
Subaru lifts profit outlook as sales, earnings surge
Subaru profits surge in the latest quarter as U.S. sales climb, helping fill the Japanese automaker’s coffers for investment in electrification and other next-generation technologies......»»
The motherhood pay gap: Why women"s earnings decline after having children
Inequalities between men and women persist in many areas, with women still earning less than men on average. An even more striking difference is the "motherhood pay gap" that happens when women have children. Also known as the "family gap" or child p.....»»
The Nintendo Switch Continues to Sell Well Worldwide
The data comes from Nintendo, following the company's report on its most recent earnings release. The post The Nintendo Switch Continues to Sell Well Worldwide appeared first on Phandroid. Despite being launched way back in 2017, the Switc.....»»
Spotify paid users hit 236M, but company returns to losing money, amid Apple battle
Spotify reported a mix of good news and bad in its latest quarterly earnings report. The good news was that Spotify paid users hit 236M, up 4% on the previous quarter. Subscribers on the free ad-funded tier grew even more, up 5% to 602M. The bad n.....»»
9to5Mac Daily: February 2, 2024 – Apple earnings, Vision Pro launch day is here
Listen to a recap of the top stories of the day from 9to5Mac. 9to5Mac Daily is available on iTunes and Apple’s Podcasts app, Stitcher, TuneIn, Google Play, or through our dedicated RSS feed for Overcast and other podcast players. Connect with us.....»»
Wedbush remains bullish on Apple after "bumpy" China results
Investment firm Wedbush says its expectations for Apple are "firmly unchanged" as earnings showed a strong holiday quarter despite a decline in China.Tim Cook at a game tournament in Apple Taikoo Li, Chengdu Wedbush has been consistently pro-Apple si.....»»
JP Morgan trims Apple stock target to $215 over weak iPhone expectations
Investment firm JP Morgan has cut its Apple price target by $10 following the company's earnings report that showed iPhone declining in China.Apple CEO Tim CookOverall, Apple's earnings report showed a bounce back from its 2023 dip, but the detail in.....»»
Piper Sandler sees tough March ahead for Apple, remains neutral
Despite an earnings beat for Q1 2024, Piper Sandler believes the iPhone will see continued headwinds leading to a challenging March quarter.iPhone 15 ProApple beat Wall Street's expectations with $119.58 billion in revenue for Q1 2024. Even iPhone re.....»»
Apple announces Q1 2024 earnings, beating expectations with $119.58 billion revenue
Apple has its fiscal year 2024 Q1 earnings results. The company reports $119.58 billion in revenue during the three-month period. Analysts expected revenue around $117.91 billion. Apple reported revenue of $117.15 billion for the same quarter a year.....»»
Tim Cook teases Apple AI announcements coming “later this year”, amid iOS 18 rumors
During the quarterly earnings call today, Apple CEO Tim Cook made a rare comment about the future of Apple’s products, referencing the company’s investments in artificial intelligence. Cook said that Apple is “excited to share the details o.....»»