Investors cheer as Lyft’s Q1 revenue didn’t fall as much as expected
Investors gave Lyft’s value a small bump Tuesday after the American ride-hailing company reported results that weren’t quite as bad as the company, and Wall Street had expected. Shares of the Uber competitor rose as much as 4.5% in after-.....»»
The Fall Guy review: a near-perfect summer blockbuster
The Fall Guy will remind you why you fell in love with movies in the first place......»»
Magna expects $400 million revenue loss from Fisker production halt
Magna builds the Ocean EV for Fisker. Magna said it is monitoring the situation and "will evaluate opportunities to further mitigate impact on our business.”.....»»
Kia EV9 GT expected to launch in January
During its CEO Investor Day last month, Kia said it would start releasing GT variants of its dedicated EVs......»»
American Axle revenue, profit climb in first quarter
American Axle & Manufacturing Holdings Inc. increased revenue and profit in the first quarter thanks to steadier production from its customers. The automotive supplier saw year-over-year revenue growth of 7 percent to $1.6 billion during the period,.....»»
Apple Q2 2024 earnings brought to life by Six Colors, with video too
Yesterday saw the announcement of the Apple Q2 2024 earnings report, which were pretty much exactly as expected – revenue coming in at $90.75B against Wall Street expectations of $90.1B. As usual, Six Colors has brought the numbers to life with.....»»
What did we learn from Tim Cook’s comments yesterday?
There were no surprises in Apple’s earnings report yesterday, with the company reporting close to the $5B year-on-year fall in revenue it had warned us to expect. Analysts got their usual chance to question CEO Tim Cook and chief financial offic.....»»
Apple not making major AI news at upcoming product event, WWDC still expected venue [Updated]
Update: It turns out Tim Cook was misunderstood in the CNBC story. The full quote in context does not imply an AI software announcement at next week’s hardware event, although Apple does infuse its silicon with AI readiness. Here’s the full quote.....»»
Tim Cook: Apple has advantages that will set its generative AI apart from the competition
Following on from the announcement of Apple’s second quarter fiscal 2024 results, Apple CEO Tim Cook joined the company’s chief financial officer Luca Maestri on a call with investors. During this call, Cook again teased Apple’s upcoming genera.....»»
Tim Cook says DOJ antitrust lawsuit against Apple is ‘misguided’
Apple on Thursday announced its earnings for the second fiscal quarter of 2024, slightly beating expectations with $90.75 billion in revenue. During an interview, Cook also took a moment to talk about the US Department of Justice’s (DOJ) antitrust.....»»
Apple’s Q2 2024 earnings reveal a drop in iPhone, iPad sales
Services growth looked rosy as Apple's hardware revenue in China slowed. Enlarge / The Apple Park campus in Cupertino, California. (credit: Anadolu Agency | Getty) Apple's earnings report for the second quarter of the co.....»»
Apple announces Q2 2024 earnings, slightly beating expectations with $90.75 billion revenue
Apple has disclosed its fiscal year 2024 Q2 earnings results. The company reports $90.75 billion in revenue during the three-month period, dropping 4.31% year over year. Analysts expected revenue around $90.33 billion. Apple netted $23.64 billion i.....»»
Apple charms investors with record $110B stock buyback, dividend hike
Alongside disclosing its earnings for Q2 2024, Apple also announced that it is increasing the dividend it pays to shareholders by 4%, and is also buying back more stock in one program than ever before.Apple ParkDuring its quarterly earnings report, A.....»»
Apple reversed its stock trajectory for the year in 30 minutes
Apple stock was having a tough year after some early gains — until investors erased the loss after Thursday's earnings report.Apple's share price has risen following its latest earnings reportInvestment firm Bernstein was right when it told clients.....»»
Apple will bring sideloading and other EU-mandated changes to iPadOS this fall
Company also updates fee policy for devs who don't use Apple's App Store. Enlarge (credit: Andrew Cunningham) Starting in March with the release of iOS 17.4, iPhones in the European Union have been subject to the EU's Di.....»»
BorgWarner generates higher revenue, earnings as demand grows for hybrids
Detroit automakers such as GM have plans to bring back hybrids to the market, feeding customer demand for a bridge to all-electric powertrains. BorgWarner's CEO kept details around hybrid quoting activity close to the vest......»»
Webb telescope probably didn"t find life on an exoplanet—yet
Recent reports of NASA's James Webb Space Telescope finding signs of life on a distant planet understandably sparked excitement. A new study challenges this finding, but also outlines how the telescope might verify the presence of the life-produced g.....»»
Email Microsoft didn’t want seen reveals rushed decision to invest in OpenAI
Microsoft CTO made a "mistake" dismissing Google's AI as a "game-playing stunt." Enlarge (credit: HJBC | iStock Editorial / Getty Images Plus) In mid-June 2019, Microsoft co-founder Bill Gates and CEO Satya Nadella recei.....»»
Precipitation may brighten Colorado River"s future, says modeling study
The Colorado River's future may be a little brighter than expected, according to a new modeling study from CIRES researchers. Warming temperatures, which deplete water in the river, have raised doubts the Colorado River could recover from a multi-dec.....»»
2024 Apple Watch Rumors Take Another Turn
If you’re planning to buy a new Apple Watch this fall, you may have an additional option to pick from if the latest intel from a well-known analyst is accurate. Up until today, it looked like the 2024 Apple Watch lineup would include two update.....»»
Toyota sales rise 14%; Honda edges up; Hyundai, Kia slip in April
U.S. light-vehicle sales are expected to drop about 2 percent in April, reflecting one less selling day than a year earlier and weaker fleet shipments, analysts say......»»