Lear generates higher profits and revenue, but EV backlog shrinks
Executives pointed to two main issues the company faces: wage inflation and EV uncertainty......»»
AutoNation Q1 net income falls 34%; company to buy back $1 billion in stock
The dealership group saw continued revenue gains in financial services and service and parts revenue......»»
Quality woes hurt Ford earnings as GM outlook improves
Ford CEO Jim Farley said the company avoided about 12 recalls on its flagship F-150 by performing extra quality checks, but one Wall Street firm estimates the delay cost $3 billion in revenue......»»
Mobileye quarterly loss widens, revenue plunges as chip orders decline
Mobileye Global reported a sharp fall in first-quarter revenue on Thursday, hurt by fewer orders for its driver-assistance chips as clients rein in spending amid an uncertain economy and excess inventory. .....»»
Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record
Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue......»»
Group 1 net income falls nearly 7% in Q1 as company ramps up acquisitions
Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»
Ford Q1 net income falls 24% to $1.3 billion; revenue rises despite lower production
Ford cited a strong performance from its commercial vehicle unit, which earned $3 billion before interest and taxes, as the reason revenue increased while shipments declined.....»»
Group 1 net income falls nearly 7% in Q1 as it ramps up acquisitions
Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»
Enhanced CRISPR method enables stable insertion of large genes into the DNA of higher plants
Scientists at the Leibniz Institute of Plant Biochemistry (IPB) have succeeded for the first time in stably and precisely inserting large gene segments into the DNA of higher plants very efficiently. To do this, they optimized the gene-editing method.....»»
Group 1 net income falls nearly 7 percent in Q1
Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»
Tesla profits drop 55% as Elon Musk dodges cheap car questions
Tesla spent $1 billion on GPUs even as its profit margins shrank by half. Enlarge / Tesla shares rose by almost 11 percent in premarket trading despite the disastrous financial results. (credit: CFOTO/Future Publishing via Getty.....»»
Argentine students protest funding cuts to public universities
Tens of thousands of Argentine university students took to the streets Tuesday to protest cuts to higher public education, research and science under budget-slashing new President Javier Milei......»»
Tesla Q1 net income drops 55% to $1.1 billion; revenue slides 9% to $21.3 billion
Gross margin fell in the first quarter to 17.4 percent from 19.3 percent in the year-earlier period......»»
Beyond higher temperatures: Preparing for national security risks posed by climate change
When talk turns to climate change, certain images pop to mind—maybe polar bears on ever-shrinking ice floes, coral reefs drained of color, or more powerful hurricanes hitting the coast......»»
GM posts higher Q1 profit, ups 2024 financial guidance
GM said it raised its full-year earnings guidance and set a first-quarter record for North American revenue......»»
People doubt their own ability to spot AI-generated deepfakes
23% of Americans said they recently came across a political deepfake they later discovered to be fake, according to McAfee. The actual number of people exposed to political and other deepfakes is expected to be much higher given many Americans are no.....»»
The rising influence of AI on the 2024 US election
We stand at a crossroads for election misinformation: on one side our election apparatus has reached a higher level of security and is better defended from malicious attackers than ever before. On the other side, the rise of artificial intelligence (.....»»
Morgan Stanley weirdly bullish on iPhone as it trims Apple stock price target
Investment bank Morgan Stanley says there are signs of increased iPhone, Mac, and Services revenue for Apple, but it has cut its target price by $10.Apple ParkOne week after claiming that Apple has increased its June quarter iPhone orders, Morgan Sta.....»»
Intel Statistics 2024 By Net Revenue, Business Unit, Processors, Geekbench Score Performance, Import and Export
Introduction Intel Statistics: Intel is the 2nd leading brand […] Introduction Intel Statistics: Intel is the 2nd leading brand in the semiconductor industry, starting from designing and manufacturing the tiny chips that power our com.....»»
Mangrove blue carbon at higher risk of microplastic pollution
Earth's oceans and coastal ecosystems are a major sink for carbon storage, known as blue carbon. Sequestration of carbon is vitally important in the fight against climate change as it 'locks away' this molecule, alleviating pressure on greenhouse gas.....»»
Dell Statistics 2024 By User and Revenue
Dell Statistics 2024 By User and Revenue.....»»