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Reddit share value rose 86%, but sales by CEO and COO saw reversal [U]

Redditors who took advantage of their privileged access to stock ahead of the IPO have seen Reddit share value rocket from $34 to $59.80 by yesterday’s close – an 86% increase. Update: Subsequent share sales by the company’s CEO and COO –.....»»

Category: topSource:  informationweekMar 29th, 2024

Lucid reports Q1 net loss of $685 million and revenue of $173 million as cash burn continues

Lucid's net loss was an improvement over the $780 million loss in the first quarter of 2023, but the company's stock price sank 7.5 percent in after-hours trading Monday to $2.82 per share......»»

Category: topSource:  autonewsRelated NewsMay 6th, 2024

Hey Makers! Maker Faire Rome 2024 Wants You!

Maker Faire Rome returns October 25-27th to the Gazometro and the want you to come and share your best ideas + projects! The Call for Makers is open covering all key aspects of innovation from digital manufacturing to the Internet of Things, robotic.....»»

Category: gadgetSource:  makezineonlineRelated NewsMay 6th, 2024

Best iPad deals: Save on iPad Air, iPad Pro, iPad Mini

Whether you want an iPad Mini, iPad Pro, or the classic iPad, we'll help you. Save on iPads with our up-to-date list of the best iPad deals and sales......»»

Category: topSource:  digitaltrendsRelated NewsMay 6th, 2024

Openlane Q1 earnings: Net income rises 46%; revenue down 1%

Openlane said wholesale used-vehicle sales facilitated through its online marketplace rose 13 percent in the first quarter......»»

Category: topSource:  autonewsRelated NewsMay 6th, 2024

PlayStation reverses course on controversial Helldivers 2 PC change

Helldivers 2 will not require PC players to create a PlayStation Network account, Sony has confirmed. The reversal comes after plans to do so angered players......»»

Category: topSource:  digitaltrendsRelated NewsMay 6th, 2024

Privacy requests increased 246% in two years

Data Subject Requests (DSRs) — formal requests made to a company by a person to access, delete, or request not to sell/share the personal data that the company holds on them — increased by 32% from 2022 to 2023, according to DataGrail’s 2024 Pr.....»»

Category: securitySource:  netsecurityRelated NewsMay 6th, 2024

Apple has dominated 2024 smartphone sales with iPhone 15 Pro Max

The iPhone 15 Pro Max was the top-selling smartphone in the first quarter of 2024, with iPhones occupying half the spots in the top ten.iPhone 15 Pro MaxApple and Samsung are still the top two highest-selling smartphone vendors in the world, and have.....»»

Category: appleSource:  appleinsiderRelated NewsMay 6th, 2024

From scandals to slowdown, Toyota faces these top five challenges as it pursues record profits

Toyota expects stellar results in its fiscal-year earnings announcement on May 8, from record sales to record profits. But there could still be some wobbles in the final report, including guidance on whether it can keep up its red-hot pace......»»

Category: topSource:  autonewsRelated NewsMay 6th, 2024

Kingdom Hearts 4: release date, trailers, gameplay, and more

This sequel's full picture isn't clear as of yet, but we've done our best to unlock all the secrets we can and share everything we know about Kingdom Hearts 4......»»

Category: topSource:  digitaltrendsRelated NewsMay 3rd, 2024

5 key takeaways from April U.S. sales reports

U.S. light-vehicle sales slipped 3.9 percent to 1.32 million last month compared with April 2023; Toyota led among the brands......»»

Category: topSource:  autonewsRelated NewsMay 3rd, 2024

Apple blows away Wall Street earnings estimates, even with weak China iPhone sales

Apple has released its financial results for the Q2 2024 quarter, with earnings beating predictions despite China iPhone fears.Apple beat earnings estimatesFollowing after the improved Q1 2024 results, Apple has issued its Q2 results. Typically the s.....»»

Category: appleSource:  appleinsiderRelated NewsMay 3rd, 2024

Tim Cook teases AI ambitions & Apple"s developmental advantages

During the earnings call, CEO Tim Cook dodged as many questions as he answered about Apple's AI plans, but did share some insights into the company's philosophies about the approach.Apple's Tim Cook teases AI ambitions in latest earnings callWhile Ap.....»»

Category: appleSource:  appleinsiderRelated NewsMay 3rd, 2024

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.....»»

Category: topSource:  arstechnicaRelated NewsMay 2nd, 2024

Apple blows away Wall Street earnings guesses, even with weak China iPhone sales

Apple has released its financial results for the Q2 2024 quarter, with earnings beating predictions despite China iPhone fears.Apple CEO Tim CookFollowing after the improved Q1 2024 results, Apple has issued its Q2 results. Typically the second quart.....»»

Category: appleSource:  appleinsiderRelated NewsMay 2nd, 2024

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.....»»

Category: appleSource:  appleinsiderRelated NewsMay 2nd, 2024

Wear OS’s big comeback continues; might hit half of Apple Watch sales

Counterpoint Research projects 27 percent market share this year to Apple's 49. Enlarge / The Samsung Watch 6 classic. (credit: Samsung) Wear OS was nearly dead a few years ago but is now on a remarkable comeback traject.....»»

Category: topSource:  arstechnicaRelated NewsMay 2nd, 2024

Tech supplier Aptiv lowers sales forecast, reduces equity interest in JV with Hyundai

Under the agreement with Hyundai Motor Co., Aptiv will not be required to fund the joint venture in the future, while Hyundai will provide additional funding......»»

Category: topSource:  autonewsRelated NewsMay 2nd, 2024

Tesla retreats from next-generation ‘gigacasting’ manufacturing process

Tesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing process, according to two sources familiar with the matter, in another sign that the electric-vehicle maker is retrenching amid falling sales an.....»»

Category: topSource:  autonewsRelated NewsMay 1st, 2024

iPhone 15 line still hasn’t caught up with last year’s models, study finds

Following a report that iPhone activation market share has hit a new low, CIRP released its newest study today. The data shows which iPhone models are the most popular in the US for Q1 2024 and how the iPhone 15 lineup is being adopted compared to th.....»»

Category: topSource:  informationweekRelated NewsMay 1st, 2024

Xiaomi has Already Sold more than 7,000 Cars

The sales figures were publicly announced by company CEO Lei Jun. The post Xiaomi has Already Sold more than 7,000 Cars appeared first on Phandroid. After a recent announcement regarding its projected EV sales numbers for 2024, Chinese man.....»»

Category: asiaSource:  phandroidRelated NewsMay 1st, 2024