CoreStack hires Murli Mohan as MD – Sales for IMEA
CoreStack announced it has appointed Murli Mohan as MD– Sales for India, Middle East, and Africa (IMEA). Murli will be primarily responsible for building a go-to-market (GTM) strategy, driving revenue growth and profitability in the region. Murli h.....»»
Former Tesla, GM charging pros join EVgo
The new hires will position EVgo for growth in an increasingly competitive market, the company said......»»
TD Cowen raises AAPL target to $250 on AI and China sales
Investment analyst firm TD Cowen predicts that Apple Intelligence will bring a modest boost to the iPhone 16 range, but be much more significant in 2025, by when China sales are expected to have returned to growth.Render of the iPhone 16 rangeAhead o.....»»
Automakers reverse course on EV targets
Cooling sales growth, high vehicle prices and uncertain political outcomes have forced automakers to pivot......»»
Rivian sales chief and former Porsche exec Kjell Gruner resigns after 11 months
The California company said in a regulatory filing that Kjell Gruner is resigning, and had notified Rivian of his decision to resign "to pursue other opportunities." Gruner started at Rivian in September 2023......»»
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......»»
Most automakers predict missed EV sales goals, slower transition in Kerrigan survey
The majority of automaker executives who participated in the 2024 Kerrigan OEM Survey said the transition to EVs will be slower than initially projected in the U.S......»»
Ford Q2 earnings: Net income falls 4.5%, but revenue rises on strong commercial vehicle sales
Ford attributed a 6.5 percent revenue increase to strong results from its Ford Pro commercial vehicle unit, which earned $2.6 billion and achieved a 15.1 percent margin......»»
Intel is losing ground to AMD
Intel's market share has decreased to 71.9% in the third quarter of 2024. It remains the global leader in processor sales, but is steadily losing ground to AMD......»»
Android switchers boost iPhone Sales -- but not for the iPhone 15
Over the years, Apple has benefited greatly from Android users switching to iPhones. The models that the switchers are picking now is a short-term strategic challenge for Apple, but a long-term gain.Android switchers boost iPhone Sales — but not fo.....»»
Apple"s batterygate settlement fund didn"t have enough money to pay a $92.17 check
So much for being the world's most valuable company. An iPhone "batterygate" settlement check has bounced and allegedly because of insufficient funds.The bounced check that will bring down Apple. (Source: First Coast News)Maybe those falling sales i.....»»
When is the next Steam sale?
The best time to buy PC games is during the Steam sales, but when exactly is the next one? We'll let you know how long you have to save up for the next sale......»»
Battery sales keep Tesla profitable in Q2 as EV sales still slumped
Tesla's status as a growth stock will require some explaining if this keeps up. Enlarge / Will investors care that Tesla's car sales and profit margins are shrinking, not growing? (credit: Karol Serewis/SOPA Images/LightRocket v.....»»
Carvana"s used EV sales are up so far this year. Here"s a look at who"s buying them.
Emily Knoll, Carvana's senior director of inventory strategy, shared insights on retailer's second-quarter EV Trends Report......»»
GM ups guidance after posting 14% higher profit, record Q2 revenue
GM said it set records for global revenue, North American profit and North American revenue in the second quarter, by strong sales of pickups and SUVs......»»
Porsche waters down EV ambitions, says transition will take "years"
German automaker is latest to warn that goals set in recent years for future EV sales were too ambitious as customers remain reticent to make the switch away from gasoline-powered cars......»»
Tesla to report Q2 earnings amid falling sales, hopes for a robotaxi future
To counteract falling sales in major markets including the U.S., Tesla has offered a series of price cuts and incentives, including subsidized financing and lease deals that could dig into second-quarter profits, analysts said......»»
Berkshire Hathaway divests more BYD shares, trims stake below 5%
Dropping below the 5 percent threshold means that Berkshire Hathaway is no longer obligated to disclose any further sales, or whether it exits its position altogether......»»
Jeep"s big Wagoneers seeing growth as Grand Cherokee, Wrangler struggle
The burly three-row Wagoneer and Grand Wagoneer are the only Jeep nameplates to post higher U.S. sales in the first half of 2024, nearly doubling their combined volume from a year ago......»»
American Honda poised to outpace industry in 2024 but will be far off prepandemic highs
Lance Woelfer, American Honda's new sales chief, says Honda and Acura are tracking to rise up to 10 percent this year to about 1.4 million vehicles......»»
"iOS 18 customisation, iPhone sales, more "Underdogs," and more Apple News ads, on the AppleInsider Podcast
Now that the public betas are out, even more people are customizing their iPhones, iPads, and to an extent, their Macs. Plus as app developers start exploiting Apple's new features, Apple is looking to expand its ads with famous chumbox advertiser Ta.....»»