Lithia says Q2 net income slipped 11% while new stores lifted revenue 12%
Lithia Motors reported second-quarter revenue of $8.1 billion, up 12 percent from a year earlier, but net income fell 11 percent to $301.1 million......»»
Tesla says it will accelerate new products after Q1 net income drops 55% to $1.1B
"These new vehicles, including more affordable models, will utilize aspects of the next generation platform as well as aspects of our current platforms," Tesla said in its first-quarter report......»»
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......»»
VinFast adds 12 U.S. dealerships, including 5 in Florida and 4 in Texas
The Vietnamese automaker says it now has 18 stores across seven states. The new locations will start selling the VF 8 crossover and later receive the bigger VF 9 and smaller VF 7 models......»»
GM Financial Q1 net income slips 8%
The captive said lease originations rose, while retail loans fell......»»
Apple Arcade is about fun, not profit, says exec in charge
Apple executive Alex Rofman says Apple Arcade was not set up to make the company money, but also insists that game developers are getting an income.Apple ArcadeApple Arcade launched in 2019, and was then included in the Apple One bundle in 2020. Toda.....»»
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......»»
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.....»»
Dell Statistics 2024 By User and Revenue
Dell Statistics 2024 By User and Revenue.....»»
Environmental Damage Could Cost You a Fifth of Your Income Over the Next 25 Years
The world is already committed to warming that will undercut the global economy by 20 percent between now and 2050. That’s six times the price of limiting warming to 2 degrees Celsius......»»
Password crackdown leads to more income for Netflix
Netflix to stop reporting subscriber numbers, prioritizing viewer engagement instead. Enlarge (credit: Bloomberg) Netflix’s crackdown on password sharing helped the streaming service blow past Wall Street’s earnings.....»»
Cyberattack on key parts supplier triggered dispute that cost Stellantis $300M, lawsuit says
The automaker lost more than $300 million in revenue because it was unable to manufacture 6,000 vehicles without parts from Yanfeng, the lawsuit says......»»
Ally net income plunges 51% in Q1, auto applications set record
Ally's auto business saw a record 3.8 million applications from consumers during the first quarter with 40% of new loan originations in the top credit tier......»»
Whirlpool Statistics By Operational Priorities, Product Revenue, Import and Export
Introduction Whirlpool Statistics: Whirlpool is an American multinational manufacturer […] Introduction Whirlpool Statistics: Whirlpool is an American multinational manufacturer and distributor of home appliances. It is mainly committ.....»»
Fracking the future: How Congolese oil extraction has shaped its history and its fate
In 1969, the recently independent Republic of Congo discovered an enormous oil field off its coast. The find represented both a rare opportunity for the burgeoning nation, and a potential threat—the revenue generated by oil extraction could either.....»»
Tripadvisor Statistics By Users, Reviews and Revenue
Introduction Tripadvisor Statistics: Tripadvisor is an American online travel […] Introduction Tripadvisor Statistics: Tripadvisor is an American online travel agency that offers user-generated content-supported travel bookings. It cu.....»»
Indigenous businesses are worth billions but we don"t know enough about them
Indigenous businesses generate about A$16 billion a year in revenue and employ more than 116,000 people—almost as many as the massive Coles retail group......»»
Solero Technologies, former BorgWarner controls unit, expands into Europe, EVs with acquisition
The acquisition of Kendrion's automotive business will double the company's annual revenue to about $500 million and open up new markets for the supplier......»»
Study finds world economy already committed to income reduction of 19% due to climate change
Even if CO2 emissions were to be drastically cut down starting today, the world economy is already committed to an income reduction of 19% until 2050 due to climate change, a study published in Nature finds. These damages are six times larger than th.....»»
Canada follows Europe with digital services tax likely to hit Apple
Canada is introducing a new digital services tax starting this year, which will see foreign tech giants like Apple and Google receive tax demands for income earned in Canada but not currently taxed there. This follows the example of several Europe.....»»