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Stellantis shareholders sue automaker in U.S. after disappointing earnings

The complaint said Stellantis artificially inflated its stock price for much of 2024 by making "overwhelmingly positive" assessments about inventories, pricing power, new products and operating margin......»»

Category: topSource:  autonewsAug 16th, 2024

House of the Dragon forgot what made Game of Thrones’ season 2 so great

House of the Dragon just wrapped its disappointing second season, and it's clear it forgot what made Game of Thrones' second season so great......»»

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

Huawei Nova Flip 6 benchmark results are disappointing

The alleged benchmarks of the upcoming Huawei Nova Flip have made their way online and it’s kind of disappointing to see. The post Huawei Nova Flip 6 benchmark results are disappointing appeared first on Phandroid. The other day we repor.....»»

Category: asiaSource:  phandroidRelated 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

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

Samsung Keyboard is losing some pretty useful extensions

It seems that Samsung has removed support for several extensions for its Keyboard app which is kind of disappointing given their usefulness. The post Samsung Keyboard is losing some pretty useful extensions appeared first on Phandroid. Mos.....»»

Category: asiaSource:  phandroidRelated 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

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.....»»

Category: appleSource:  appleinsiderRelated NewsAug 3rd, 2024

Top 5 stories of the week: Stellantis sues dealership over fleet dispute; Toyota testing scandal widens

A quick look at the top automotive stories of the week as determined by reader interest......»»

Category: topSource:  autonewsRelated NewsAug 2nd, 2024

Rearview camera recalls are becoming common. Here"s why

Ford, Volkswagen, Stellantis and Honda have experienced recalls in recent months because of faulty rearview cameras, all from different suppliers......»»

Category: topSource:  autonewsRelated NewsAug 2nd, 2024

Seating supplier to cut jobs in Detroit after truck discontinuation

Bridgewater Interiors LLC is planning to lay off 63 employees at its Detroit plant after Stellantis NV discontinues the Ram 1500 Classic. The seating supplier said it expects to make the permanent cuts by the end of September, according to a WARN.....»»

Category: topSource:  autonewsRelated NewsAug 2nd, 2024

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......»»

Category: topSource:  autonewsRelated NewsAug 2nd, 2024

Ram CEO Christine Feuell pushes through 1500 production hiccups, guides Chrysler"s future

Christine Feuell is juggling two brands, Chrysler and Ram, with a distinct set of hurdles and vastly different positions within the Stellantis portfolio. Feuell assumed leadership of Ram in June at a challenging time for the truck brand while guiding.....»»

Category: topSource:  autonewsRelated NewsAug 2nd, 2024

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,.....»»

Category: topSource:  pcmagRelated NewsAug 2nd, 2024

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......»»

Category: topSource:  digitaltrendsRelated NewsAug 1st, 2024

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......»»

Category: topSource:  physorgRelated NewsAug 1st, 2024

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......»»

Category: topSource:  autonewsRelated NewsAug 1st, 2024

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......»»

Category: topSource:  autonewsRelated NewsAug 1st, 2024