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Rivian Q1 earnings to reflect factory downtime

Rivian delivered fewer vehicles in the January-March period than in the previous quarter as it upgraded its commercial van line. That will weigh on Tuesday's earnings report......»»

Category: topSource:  autonewsMay 8th, 2023

Rivian R3: Design, interior, and what we want to see

The Rivian R3 is Rivian's electric crossover that could take on the likes of the Ioniq 5 and Tesla Model Y. Here's what we know so far......»»

Category: topSource:  digitaltrendsRelated NewsAug 9th, 2024

CDK cyberattacks dampen public dealership groups" Q2 numbers

The June 19 CDK cyberattacks significantly dampened earnings or created noteworthy short-term financial setbacks for five of the six public dealership groups......»»

Category: topSource:  autonewsRelated NewsAug 8th, 2024

Losses continue to pile up at Rivian and Lucid in Q2

Both EV makers have received large cash infusions to help stem cash burn and pay for continued operations......»»

Category: topSource:  autonewsRelated NewsAug 8th, 2024

What"s Next for Super Micro Computer After Stock"s 20% Post-Earnings Plunge?

What"s Next for Super Micro Computer After Stock"s 20% Post-Earnings Plunge?.....»»

Category: topSource:  pcmagRelated NewsAug 8th, 2024

China"s MG Motor to build manufacturing plant, R&D center in Mexico

A Mexico factory would continue the global expansion of the former British brand, which has plants in China, Thailand and India. It also has plans to build EVs in Europe......»»

Category: topSource:  autonewsRelated NewsAug 8th, 2024

Reddit might start putting some subreddits behind paywalls

Following the announcement of the company’s Q2 results on Tuesday afternoon, Reddit CEO Steve Huffman spoke to shareholders and answered questions in an earnings call. … The post Reddit might start putting some subreddits behind paywalls.....»»

Category: gadgetSource:  bgrRelated NewsAug 8th, 2024

iPad Pro updates ignite consumer interest, giving a giant boost to sales

Customers are opting for the high-end iPad Pro models, driving an increase in sales and renewed interest in Apple's tablet line.iPad Pro refresh helped Apple beat earnings expectationsIn May 2024, Apple launched new iPad Pro and iPad Air models, feat.....»»

Category: appleSource:  appleinsiderRelated NewsAug 7th, 2024

Some subreddits could be paywalled, hints Reddit CEO

Reddit CEO Steve Huffman has hinted that in future some subreddits could be paywalled, as the company seeks to devise new sources of income. Huffman raised the prospect during an earnings call in which he said Reddit would also be testing AI-power.....»»

Category: gadgetSource:  9to5macRelated NewsAug 7th, 2024

Rivian Q2 net loss widens to $1.46 billion despite sales gains, cost cutting

Rivian said it ended the second quarter with $5.8 billion in cash and cash equivalents compared with $7.9 billion at the end of the 2023 calendar year. Revenue in the latest quarter was $1.16 billion, a 3.3 percent increase......»»

Category: topSource:  autonewsRelated NewsAug 7th, 2024

This AI humanoid robot helped assemble BMWs at US factory

BMW has no timeline to integrate humanoid robots into its production lines. Enlarge / This is the Figure 02, a new humanoid robot that recently tried its hand(s) at assembling BMW chassis in South Carolina. (credit: BMW).....»»

Category: topSource:  arstechnicaRelated NewsAug 6th, 2024

Asbury Automotive sells Colorado, Georgia Nissan car dealerships

Asbury Automotive Group Inc. sold one Colorado dealership and one Georgia store during the second quarter, the dealership group said in its earnings report Aug. 2. The locations have been renamed Alpine Nissan of Denver and Nissan of Cumming......»»

Category: topSource:  autonewsRelated NewsAug 6th, 2024

How to factory reset the Mila Air Purifier

Performing a factory reset on the Mila Air Purifier is a great way to troubleshoot technical issues or prep it for a new owner. Here's how it works......»»

Category: topSource:  digitaltrendsRelated NewsAug 5th, 2024

2025 Rivian R1S review: The best electric SUV gets getter

The Rivian R1S has long been considered among the best electric SUVs, but for 2025, it gets its first major refresh. Does the second-gen R1S deliver?.....»»

Category: topSource:  digitaltrendsRelated NewsAug 5th, 2024

EV delays, changing plans dim suppliers" financial outlooks

Suppliers said automakers' rapidly shifting electrification plans will weigh on their future earnings as they make fewer parts for electric vehicles than they were banking on......»»

Category: topSource:  autonewsRelated NewsAug 5th, 2024

Rivian to report Q2 earnings after cutting costs, reaching $5 billion deal with Volkswagen

Rivian's second-quarter sales rose 9 percent to 13,790 despite a factory retooling in April to cut costs and freshen the R1T pickup and R1S crossover for the 2025 model year......»»

Category: topSource:  autonewsRelated NewsAug 5th, 2024

Rivian won’t add CarPlay to its cars. It doesn’t need to

Carmakers are struggling to build great software, but some new startups are head and shoulders above the competition -- like Rivian......»»

Category: topSource:  digitaltrendsRelated NewsAug 3rd, 2024

Apple reports record Q3 2024 earnings with $85.78 billion in revenue

Apple has revealed its full earnings report for the fiscal third quarter of 2024. The company reported $85.78 billion in revenue during the three-month period, covering April, May, and June. Net profit for the quarter came in at $21.45 billion, and e.....»»

Category: topSource:  theglobeandmailRelated NewsAug 3rd, 2024

Tim Cook addresses Apple Intelligence’s staggered rollout and ChatGPT timing

The first version of Apple Intelligence is now available for developers, but there’s a lot it’s missing. iOS 18.1 beta 1 brings the new Siri, for example, but lacks key features like ChatGPT integration. In yesterday’s Apple earnings call, Tim.....»»

Category: topSource:  theglobeandmailRelated NewsAug 3rd, 2024

9to5Mac Daily: August 2, 2024 – AAPL Q3 2024 earnings

On today’s episode of 9to5Mac Daily, we discuss Apple reporting record Q3 2024 earnings. We also cover Apple’s motion to dismiss the DOJ antitrust lawsuit, citing harm to innovation and user experience. Additionally, we highlight the corroborated.....»»

Category: topSource:  theglobeandmailRelated NewsAug 3rd, 2024

Apple earnings, Apple Intelligence, and you"ve got a Friend, on the AppleInsider Podcast

Apple has reported better than expected earnings — you were worried there for a minute — while Apple Intelligence is finally out in beta. And maybe you should be worried about a new device, the Friend.Apple CEO Tim Cook at Apple ParkThere's alway.....»»

Category: appleSource:  appleinsiderRelated NewsAug 3rd, 2024