Ennostar cautious about sales outlook for 2Q22
LED maker Ennostar will likely see its revenue disappoint in the second quarter of 2022 due mainly to shipment disruptions amid COVID lockdowns in China, according to company chairman Lee Biing-jye......»»
DARCARS Honda and owners face civil charges for alleged deceptive sales practices
DARCARS denies the allegations filed in a Maryland Attorney General statement of charges in July......»»
High tide flooding may lessen across the US, scientists predict
NOAA's 2024-25 Annual High Tide Flooding Outlook predicts fewer high-tide flood days than last year......»»
Rivian to report Q2 earnings after cutting costs, reaching $5 billion deal with Volkswagen
Rivian's second-quarter sales rose 9 percent to 13,790 despite a factory retooling in April to cut costs and freshen the R1T pickup and R1S crossover for the 2025 model year......»»
After slowdown last year, Carvana could again hit 400,000 used-vehicle sales in 2024
Carvana is starting to grow again and moving to capture used-vehicle market share, CEO Ernie Garcia said......»»
Tim Cook says Apple is spending more to get Apple Intelligence ready for launch this fall
Apple on Thursday announced the results of its third fiscal quarter of 2024, with $85.78 billion in revenue from April to June. The company’s sales grew by 5%, and it seems that its executives have high expectations for the future. That’s because.....»»
Nintendo Switch Sales Figures Fall in Latest Report
The company's mobile and intellectual property division also felt a significant downturn. The post Nintendo Switch Sales Figures Fall in Latest Report appeared first on Phandroid. While the Nintendo switch has mostly remained a popular vi.....»»
Apple"s third quarter 2024 results show return to growth, with Wall Street beat
Apple's third-quarter financial results have improved considerably compared to 2023, with sales figures across every aspect of the company beating Wall Street expectations.Apple CEO Tim CookApple has disclosed its quarterly financial results for Q3 2.....»»
Berkshire Hathaway may have continued its streak of selling off Apple stock
Well ahead of Thursday's earnings, the "Oracle of Omaha's" Berkshire Hathaway may have sold a very large quantity of Apple stock, marking the third consecutive quarter of big sales volumes.Warren Buffett [Berkshire Hathaway]Apple stock has had an int.....»»
Pricing, interest rates temper sales rebound
Overall growth is expected to slow in the second half after sales rose 2.2 percent in the first six months of 2024. Analysts say high interest rates and borrowing costs as well as elevated prices are preventing more robust demand......»»
Magna, in unusual step, lowers 2026 outlook on EV uncertainty, contract assembly woes
Magna International took the unusual step of lowering its outlook for its 2026 financial performance as it grapples with automakers reducing, postponing or canceling electric vehicle plans amid soft sales growth......»»
Lucid to report Q2 earnings amid worries over cash burn, hopes for Gravity crossover
The EV startup, which launched the Air sedan in 2021, delivered a record 2,394 electric cars in the second quarter. But it also boosted sales incentives to $16,537 per car, Motor Intelligence said......»»
Apple reports record revenues despite stagnant iPhone sales
CEO Tim Cook spent much of the earnings call hyping Apple Intelligence. Enlarge / Apple CEO Tim Cook. (credit: Lionel Hahn/Getty Images) Apple reported its earnings results for the third quarter of the 2024 fiscal year,.....»»
EVs are holding strong, but U.S. elections may rock the boat, report finds
The midyear Market Outlook Report from Dave Cantin Group and Kaiser Associates found that EV sales are starting to drive steady growth. Meanwhile, a volatile political landscape and Supreme Court decisions complicate auto industry plans......»»
Best cheap processor sales and prices for August 2024
Looking for the best price on the latest CPU? See our roundup of this week's best cheap processor deals and sales......»»
Hyundai gains 4% while Toyota, Kia slip in July; overall market expected to rise
The U.S. light-vehicle market rose 1 to 3 percent in July, analysts said, as many dealers recovered from the CDK cyberattacks that knocked new-car sales offline in late June......»»
Mobileye slashes annual forecasts on uncertain demand; shares fall
Mobileye Global cut its annual revenue and profit forecasts on Thursday, slammed by volatile demand for its driver-assistance chips in China, even as it recovered from a sales slump brought on by a global auto inventory glut......»»
Hyundai gains 4%, Kia slips 10% in July; overall market expected to rise
The U.S. light-vehicle market rose 1 to 3 percent in July, analysts said, as many dealers recovered from the CDK cyberattacks that knocked new-car sales offline in late June......»»
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.....»»
Xbox console sales are down as services take over
Xbox is continuing to grow its services, including Game Pass and Cloud Gaming, while hardware sales took a big dip......»»
AMD gaming is plummeting
AMD's gaming hardware sales, including Radeon GPUs and console chips, dropped 59% year-over-year......»»