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......»»
Berkshire Hathaway may have continued its streak of selling off Apple stock
Well ahead of Thursday's earnings, the "Oracle of Omaha's" Berkshire Hathaway may have sold a very large quantity of Apple stock, marking the third consecutive quarter of big sales volumes.Warren Buffett [Berkshire Hathaway]Apple stock has had an int.....»»
5 Rivian features that don’t get enough attention
The second-generation Rivian R1S is packed with features -- and not all of them get the attention that they deserve......»»
Lucid to report Q2 earnings amid worries over cash burn, hopes for Gravity crossover
The EV startup, which launched the Air sedan in 2021, delivered a record 2,394 electric cars in the second quarter. But it also boosted sales incentives to $16,537 per car, Motor Intelligence said......»»
Apple reports record revenues despite stagnant iPhone sales
CEO Tim Cook spent much of the earnings call hyping Apple Intelligence. Enlarge / Apple CEO Tim Cook. (credit: Lionel Hahn/Getty Images) Apple reported its earnings results for the third quarter of the 2024 fiscal year,.....»»
Samsung just confirmed big upgrades for the Galaxy S25
We're still far from the launch of the Galaxy S25, but Samsung just tipped its hand in an earnings call, confirming the existence of the device and some specs......»»
Economic prospects brighten for children of low-income Black Americans, study finds
Economic prospects have improved in recent years for Black Americans born poor, according to new research from Opportunity Insights. At the same time, earnings have fallen for white Americans from low-income families......»»
Hybrids, currency windfalls help Toyota extend record profit momentum
Gasoline-electric hybrid cars helped bolster Toyota earnings in the latest quarter because hybrids typically have bigger margins and sell for higher prices......»»
Lithia net income down 28% in Q2 despite record revenue of $9.2B
Lithia Motors Inc. Q2 2024 earnings: Net income fell 28 percent during the second quarter despite the car dealership group generating record revenue for that earnings period......»»
Analysts expect modest growth in today’s AAPL Q3 2024 earnings report
AAPL Q3 2024 earnings will be revealed by the company later today, and Wall Street expects the company to report modest year-on-year sales growth of 2.3%. As is now standard, Apple didn’t offer any official revenue guidance for the quarter, but.....»»
Apple may have shut down a supplier"s proposed partnership with Vivo
Tata Group's acquisition of a stake in rival Vivo's India business was allegedly stopped by Apple, due to Tata owning a factory with Apple's supply chain.Mumbai, IndiaTata Group, an Indian conglomerate, has reportedly put the brakes on talks to acqui.....»»
Study reveals impact of concern about misinformation on Americans" media consumption habits
Most Americans are aware of fake news and misinformation. In a new study, researchers from the University of Pennsylvania sought to uncover whether the threat of misinformation drives Americans to seek out news sources that reflect their own politica.....»»
What to expect from Apple"s Q3 2024 earnings on August 1
Apple will be releasing its earnings for the third quarter of 2024 on Thursday, August 1. Here's what predicted for Apple's quarter, and how it is expected to compare against previous reporting periods.Apple CEO Tim Cook at Apple ParkApple will be re.....»»
From scandals to slowdown, Toyota"s top 5 challenges in key earnings report
Toyota, after record financial results in the previous fiscal year, faces strong headwinds as it readies this week's key first-quarter earnings report. From safety scandals and production suspensions to wobbly China sales, here are the top 5 issues t.....»»
New lettuce cultivar "Zhongsheng No. 1" developed using advanced plant factory technology
A research team has demonstrated that using plant factory technology (PFT) to precisely control environmental factors can significantly enhance vegetable quality. By cultivating a new lettuce cultivar in a PFT system, they achieved higher nutritional.....»»
Research shows gig workers can boost earnings by building social skills
More than 50 million workers in the United States are part of the gig economy, either to supplement their main income or as their full-time job. New research by University of Alabama at Birmingham Collat School of Business professors Paul M. Di Gangi.....»»
Cox: Wholesale vehicle valuations tool adds automakers" factory-installed options
Cox Automotive said it has enhanced the Manheim Market Report, its wholesale vehicle valuations tool......»»
AI and ML enter motorsports: How GM is using them to win more races
From modeling tire wear and fuel use to predicting cautions based on radio traffic. Enlarge / The Cadillac V-Series.R is one of General Motors' factory-backed racing programs. (credit: James Moy Photography/Getty Images).....»»
Rivian sales chief and former Porsche exec Kjell Gruner resigns after 11 months
The California company said in a regulatory filing that Kjell Gruner is resigning, and had notified Rivian of his decision to resign "to pursue other opportunities." Gruner started at Rivian in September 2023......»»
Detroit 3 financials ‘disappointing" as challenges mount
Second-quarter results for GM, Ford and Stellantis reflect a bumpy road as they juggle costly EV plans while managing profits on gasoline and hybrid models in an uncertain market environment......»»
Prestone scientists working to develop low-conductivity coolant to boost EV efficiency
Low-conductivity coolant in EVs and fuel cell vehicles can increase charging and driving efficiency and reduce fire risk. Prestone, one of the industry's largest suppliers of factory fill coolant, is developing new coolants specifically for EVs......»»