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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......»»

Category: topSource:  autonews17 hr. 58 min. ago

Lithia net income down 28% in Q2 despite record revenue of $9.2B

Lithia Motors Inc. Q2 2024 earnings: Net income fell 28 percent during the second quarter despite the car dealership group generating record revenue for that earnings period......»»

Category: topSource:  autonewsRelated NewsAug 1st, 2024

A nose for earthy notes: Human odorant receptor for geosmin identified for the first time

Geosmin is a volatile compound of microbial origin with a distinct "earthy" to "musty" odor that can affect the quality of water and food. It is responsible for the typical odor that occurs when rain falls on dry soil. This odorant is produced by mic.....»»

Category: topSource:  physorgRelated NewsAug 1st, 2024

Analysts expect modest growth in today’s AAPL Q3 2024 earnings report

AAPL Q3 2024 earnings will be revealed by the company later today, and Wall Street expects the company to report modest year-on-year sales growth of 2.3%. As is now standard, Apple didn’t offer any official revenue guidance for the quarter, but.....»»

Category: topSource:  informationweekRelated NewsAug 1st, 2024

Carvana Q2 net income swings to $48 million; revenue up 15%

The online used-vehicle retailer said it sold 101,440 used vehicles in the second quarter, up 33 percent from the year-earlier period......»»

Category: topSource:  autonewsRelated NewsAug 1st, 2024

Xbox console sales continue to crater with massive 42% revenue drop

Xbox Series X/S sales seem to have peaked early in 2022. Enlarge / The tumbling continues. Microsoft's revenue from Xbox console sales was down a whopping 42 percent on a year-over-year basis for the quarter ending in J.....»»

Category: topSource:  arstechnicaRelated NewsJul 31st, 2024

Lawmakers ask FTC to investigate the sale of driver data, alleging ‘flagrant abuse" of privacy

Automakers, which have made lofty revenue projections about the riches to be found in the sale of connected vehicle data, have largely sought to ignore the fact that consumers do not want their data to be sold......»»

Category: topSource:  autonewsRelated NewsJul 31st, 2024

AutoNation net income, revenue harmed by CDK cyberattacks

AutoNation Inc. reported a massive drop in net income due in part to lost revenue and hits to vehicle sales stemming from the June 19 CDK Global cyberattacks.....»»

Category: topSource:  autonewsRelated NewsJul 31st, 2024

Penske Automotive Q2 net income falls 20% on higher interest costs

Penske Automotive Group net income dropped in the second quarter, though the auto retailer posted record second-quarter revenue of $7.7 billion......»»

Category: topSource:  autonewsRelated NewsJul 31st, 2024

AMD raises forecast for AI chip revenue and sees supplies remaining tight

AMD raises forecast for AI chip revenue and sees supplies remaining tight.....»»

Category: topSource:  theglobeandmailRelated NewsJul 31st, 2024

AI search engine accused of plagiarism announces publisher revenue-sharing plan

Perplexity says WordPress.com, TIME, Der Spiegel, and Fortune have already signed up. Enlarge (credit: Moor Studio via Getty Images) On Tuesday, AI-powered search engine Perplexity unveiled a new revenue-sharing program.....»»

Category: topSource:  arstechnicaRelated NewsJul 31st, 2024

Guaranteed income programs unlikely to improve health but still a valuable tool for alleviating poverty

Guaranteed income programs don't appear to improve the health of recipients, but they remain an important tool to consider for reducing poverty, according to research from University of Michigan and others......»»

Category: topSource:  physorgRelated NewsJul 30th, 2024

Environmental, social initiatives lead to greater returns for hospitality firms in high-income nations

Global sustainability initiatives like the environmental, social and governance (ESG) investing principle may lead to greater financial gains for hospitality firms in high-income countries but not in low-income nations, according to new findings from.....»»

Category: topSource:  physorgRelated NewsJul 30th, 2024

Low-income homes drop Internet service after Congress kills discount program

Charter CEO says "customers' ability to pay" a concern after $30 discounts end. Enlarge / A Charter Spectrum vehicle. (credit: Charter) The death of the US government's Affordable Connectivity Program (ACP) is starting t.....»»

Category: topSource:  arstechnicaRelated NewsJul 29th, 2024

Balancing the seesaw: Simultaneously enhancing strength and elongation in metallic materials

Just as one side of a seesaw rises while the other falls, in the realm of metallic materials, "strength" and "elongation" typically conflict with each other. However, a collaborative team from POSTECH and Northwestern University has recently introduc.....»»

Category: topSource:  physorgRelated NewsJul 29th, 2024

Research shows gig workers can boost earnings by building social skills

More than 50 million workers in the United States are part of the gig economy, either to supplement their main income or as their full-time job. New research by University of Alabama at Birmingham Collat School of Business professors Paul M. Di Gangi.....»»

Category: topSource:  physorgRelated NewsJul 29th, 2024

Lamborghini"s revenue rises 14% as switch to hybrid models nears completion

First-half deliveries increased 4 percent, putting Lamborghini on course to beat last year's record......»»

Category: topSource:  autonewsRelated NewsJul 29th, 2024

Keychron K10 Pro review: All-rounder and affordable keyboard

The Keychron K10 Pro mechanical keyboard is a great pick for Apple users who want a 100% layout that doesn't break the bank.Keychron K10 Pro reviewKeychron makes mechanical keyboards in all sizes and price ranges. The K10 falls in the middle of the r.....»»

Category: appleSource:  appleinsiderRelated NewsJul 27th, 2024

Gentex Q2 net income falls 21% on lower vehicle production

The mirror supplier said net income and revenue declined after a drop in light-vehicle production......»»

Category: topSource:  autonewsRelated NewsJul 26th, 2024

Lear says Q2 earnings rise on record sales, lowers outlook amid EV uncertainty

Lear reported record sales and a modest gain in second-quarter net income as the company brings more automation technology in-house and adjusts to rapidly changing EV strategies......»»

Category: topSource:  autonewsRelated NewsJul 25th, 2024

No, NASA hasn’t found life on Mars yet, but the latest discovery is intriguing

"These spots are a big surprise." Enlarge / NASA’s Perseverance rover discovered “leopard spots” on a reddish rock nicknamed “Cheyava Falls” in Mars’ Jezero Crater in July 2024. (credit: NASA/JPL-Caltech/MSSS).....»»

Category: topSource:  arstechnicaRelated NewsJul 25th, 2024