CarMax"s Q2 net income rises 12%, revenue falls less than 1%
CarMax said it retailed 211,020 used vehicles in its second fiscal quarter, up 5.1 percent year over year. Same-store used-vehicle retail sales rose 4.3 percent......»»
Group 1 Q4 net income falls more than 30%; revenue gains 10%
New-vehicle sales grew 14.8 percent in the fourth quarter, but gross margin for new vehicles fell from 10.5 percent to 8 percent......»»
Tesla EV share falls in booming California market as rivals make gains
The California New Car Dealers Association said Tesla's 2023 share of the electric market fell to 60.5 percent from 71 percent a year earlier. Mercedes-Benz and BMW showed the biggest share gains......»»
Apple to see little impact from EU regulations, says investing firm
J.P. Morgan says Apple won't see much immediate impact on App Store revenue due to how its new fee structure is arranged, but regulators around are likely eyeing the solution.Apple's EU changes won't have impact on revenueApple has changed how it doe.....»»
Another excellent laptop challenges the MacBook Pro and falls short
HP's Spectre x360 16 is the latest in a long line of excellent 360-degree convertible 2-in-1 laptops. But the MacBook Pro 16 remains on top as the best around......»»
New satellite capable of measuring Earth precipitation from space
Measuring the amount of precipitation that falls in a specific location is simple if that location has a device designed to accurately record and transmit precipitation data. In contrast, measuring the amount and type of precipitation that falls to E.....»»
Study finds young people from poorer families make fewer friends
A new study has found that children growing up in low-income families have fewer opportunities to make friends and to socially integrate at school. Researchers from the University of Zurich and the University of Stockholm examined data from over 200.....»»
Tesla profits, margins slip in Q4 as revenue inches higher
The company reported a gross margin of 17.6 percent for the three months ended December, compared with 23.8 percent a year earlier......»»
Study looks at delivery drivers becoming salespeople to increase revenue
Online shopping and home delivery have displaced the traditional trip to the shops for many people. This has been an ongoing process in retail that has seen the closure of high-street shops and many of the big department store chains as customers tur.....»»
Nvidia RTX 4070 Ti Super review: the awkward middle child
The RTX 4070 Ti Super delivers on Nvidia's promises, but it still falls into the same segmentation trap as the original version......»»
Password Manager Statistics 2024 By Reasons, Market Revenue, Device Use, User Behavior and Subscription
Introduction Password Manager Statistics: Amid cyber crimes, protecting one’s […] Introduction Password Manager Statistics: Amid cyber crimes, protecting one’s social or banking accounts is as important as protecting the i.....»»
Ally: Net income way down in Q4; auto applications set record in 2023
Ally Q4 earnings: Net income fell 73 percent year over year in the fourth quarter to $76 million, though the plunge was driven in part by the company's pending sale of Ally Lending to Synchrony. Ally 2023 full-year earnings: Auto finance credit appli.....»»
Global food production at risk as rising temperatures threaten farmers" physical ability to work, new study finds
The future of global food production is under threat as temperature rises will impact farmers' physical capacity to work, a new study has revealed......»»
Amazon plans to charge for Alexa in June—unless internal conflict delays revamp
Report claims Amazon is struggling to build a subscription version of Alexa. Enlarge / Amazon demoed future generative AI capabilties for Alexa in September. (credit: Getty) “If this fails to get revenue, Alexa is in.....»»
Rising inequality slows as more women in lower-income groups join the labor force, analysis finds
Behind the relatively stable income inequality in the Netherlands, big changes have been happening. Income inequality has increased over the past 40 years, but less sharply because women in lower income groups have begun working more......»»
Sea level rises could cost EU and UK economies up to 872 billion euros by 2100, study suggests
Damage caused by sea level rises could cost the EU and UK economies up to 872 billion euros in total by the end of the century, according to a modeling study published in Scientific Reports......»»
Elon Musk gives Tesla ultimatum: Another 12% of shares or no AI, robotics
Although 95% of its revenue is automotive, Musk says Tesla is a robotics/AI company. Enlarge (credit: JIM WATSON/AFP/Getty Images/Aurich Lawson) Elon Musk says his ambitions to make Tesla more than just an automaker depe.....»»
Electric Kettle Statistics 2024 By Revenue, Region, Brand Share, Volume, Usage Share, Rank
Introduction Electric Kettle Statistics: As of the report analysis, […] Introduction Electric Kettle Statistics: As of the report analysis, global market revenue earned by the Electric Kettle industry is expected to reach $5.51 billio.....»»
Apple TV+ falls flat at Critics Choice Awards
Despite being nominated in 16 categories for the 2024 Critics Choice Award, Apple TV+ managed only a single win.Billy Crudup in "The Morning Show" (Source: Apple)Apple TV+ hit "Ted Lasso" was already shut out of the 2024 Critics Award by receiving ju.....»»
Scientists investigate how heat rises through Europa"s ocean
Europa, one of Jupiter's many moons, may be capable of supporting life because its icy surface likely obscures a deep, salty ocean. Europa's ocean is also in direct contact with its mantle rocks, and interactions between rock, water, and ice could pr.....»»
Inventory rises to 3-year high
New-vehicle inventory levels in the United States climbed by 200,000-plus vehicles in December to more than 2.7 million, the highest in three years, according to data from Cox Automotive......»»