Nanya posts profit hike in 1Q21
Taiwan-based DRAM maker Nanya Technology has reported net profit hiked 192.7% sequentially to NT$2.71 billion (US$95 million) in the first quarter of 2021. EPS for the quarter came to NT$0.88......»»
Polestar posts $242M loss amid EV demand slowdown
The automaker expects the Polestar 3 and 4 will help boost sales in the second half of the year, particularly in the last few months when demand for the two premium crossovers should grow......»»
F&I revenue still possible as leasing returns
As leasing grows across the country, car dealership finance managers might have a harder time hitting the kind of F&I gross profit per vehicle seen during the inventory shortage. But there's still an opportunity for the finance and insurance office,.....»»
Public dealerships" F&I gross profits fall in Q2 but most above $2,000 a vehicle
AutoNation, Lithia, Group 1, Sonic and Asbury all had same-store finance and insurance gross profit per vehicle above $2,000 in the second quarter......»»
Lithia"s captive finance company Driveway Finance turned a Q2 profit
Lithia Motors Q2 2024 earnings: After just a few years of operation, Lithia's relaunched captive finance car loan company Driveway Finance Corp. turned a profit during the second quarter and was on track to stay that way......»»
Threads testing new option for temporary 24 hour posts
Meta began experimenting with an option for auto-archiving posts back in April, but the feature never came to fruition in that form. However, the company has now confirmed that they’re experimenting with a new ephemeral post format, where users can.....»»
Stellantis CEO Carlos Tavares to visit U.S. to create plan to reverse lagging profit, report says
Tavares' visit to Detroit during his summer break will seek to reassure employees and investors that he intends to fix the automaker's struggling North American operations......»»
Mazda incentives soar, putting pressure on profits, upmarket move
Spiraling incentives nearly wiped out Mazda's operating profit in the latest quarter, as the company spent more to sell more. Volume and market share are growing. But it comes at a big price, with U.S. spiffs nearly double their level a year ago......»»
Average dealership pretax profit slipped 33% in the first half of 2024, report says
The report from Presidio Group and NCM Associates also found the typical dealership hasn't reduced expenses quickly enough amid profitability declines......»»
Study shows companies can profit by aligning financial goals with social aims
International research involving Monash University has shown that businesses can achieve financial success by embracing critical global issues such as climate change, poverty, human rights violations and medical breakthroughs as a core mission......»»
How to seamlessly switch from Google Photos to iCloud Photos
Apple and Google have announced a new tool to import photos from Google Photos to iCloud Photos on Apple platforms. Here's how to use it.Apple and Google Photos.The collaboration is part of the non-profit Data Transfer Initiative (DTI) and its predec.....»»
Ahead of iPhone 16, AI demand boosts Apple supplier Foxconn"s profits
Foxconn, Apple's iPhone 16 manufacturer has reported a fourth consecutive quarter of profit increases, which it credits to demand for AI servers.Workers in a Foxconn factoryFor the previous quarter, Foxconn's increased profits came from better than e.....»»
ChatGPT GPT-5 upgrade may be close as Sam Altman posts a mysterious teaser
OpenAI started rolling out the GPT-4o Voice Mode it unveiled in May to select ChatGPT Plus users. The voice upgrade will be released to more … The post ChatGPT GPT-5 upgrade may be close as Sam Altman posts a mysterious teaser appeared first on.....»»
Super Micro gives margin, profit forecasts below estimates; shares tumble
Super Micro gives margin, profit forecasts below estimates; shares tumble.....»»
China cracks down on "fan culture" during the Olympics, arresting a woman for social media posts
China cracks down on "fan culture" during the Olympics, arresting a woman for social media posts.....»»
Disney has “earned” latest streaming price hike, CFO says
Disney is "not concerned" about blowback from higher prices, per CEO. Enlarge / A scene from Secret Invasion, a Disney+ exclusive. (credit: Marvel) Yesterday, The Walt Disney company announced it will soon raise prices.....»»
9to5Mac Daily: August 7, 2024 – macOS Sequoia changes, Disney+ price hike
Listen to a recap of the top stories of the day from 9to5Mac. 9to5Mac Daily is available on iTunes and Apple’s Podcasts app, Stitcher, TuneIn, Google Play, or through our dedicated RSS feed for Overcast and other podcast players. Sponsore.....»»
Honda quarterly profit rises to record high on strong U.S. sales, weak yen
Honda has been cashing in on a surge in demand for hybrids as fading subsidies weigh on sales of battery-electric vehicles globally. The weak yen is helping out, too. .....»»
Disney+, Hulu, and ESPN will cost more in October
One year after the last price hike, Disney is raising the price of its subscription services, with Disney+, Hulu, and ESPN all set to bill viewers more in October.Disney+ bannerStreaming services often raise the price of their subscriptions. Accordin.....»»
Elon Musk says Tesla is an AI company now. Here’s how plausible that is.
As Tesla's core business starts to falter, CEO Elon Musk has robot fever. Enlarge (credit: Aurich Lawson | Getty Images) When Tesla recorded its first annual profit in 2020, it had done something fairly remarkable. Start.....»»
Subaru production, profits undercut in latest quarter by fatal plant accident in Japan
The export-dependent carmaker still managed to eke out a profit thanks to hefty windfall gains from favorable foreign currency fluctuations......»»