Tesla quarterly results disappoint as discounts bite
Tesla's results for the third quarter missed analyst estimates on Wednesday, as the Elon Musk-run company was hit by higher costs and the fallout from price discounts.
Oct 18, 2023
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Automotive
Tesla's results for the third quarter missed analyst estimates on Wednesday, as the Elon Musk-run company was hit by higher costs and the fallout from price discounts.
Oct 18, 2023
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Business
Facebook parent company Meta Platforms posted stronger-than-expected results for the second quarter on Wednesday, buoyed by a rebound in online advertising after a post-pandemic slump.
Jul 27, 2023
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Business
Microsoft reported a 20% spike in quarterly profits Tuesday, helping to fuel its battle to get ahead of rivals like Google, Amazon and Facebook parent Meta in selling the latest artificial intelligence technology.
Jul 25, 2023
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Automotive
General Motors lifted its full-year forecast following another strong quarter on Tuesday as it girds for difficult labor negotiations and questions about the market for its growing electric vehicle business.
Jul 25, 2023
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Business
American Airlines reported blowout second-quarter earnings on Thursday on strong demand and lower jet fuel prices, but shares still tumbled on disappointment with the company's outlook.
Jul 20, 2023
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Business
Elon Musk's big bet that Tesla price cuts could boost sales and profits amid increasing competition and poor economic sentiment appears to be yielding mixed results. Sales jumped and the company beat analyst expectations ...
Jul 19, 2023
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Hardware
The hottest thing in technology is an unprepossessing sliver of silicon closely related to the chips that power video game graphics. It's an artificial intelligence chip, designed specifically to make building AI systems ...
Jun 1, 2023
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Business
Shares of Nvidia, already one of the world's most valuable companies, skyrocketed Thursday after the chipmaker forecast a huge jump in revenue, signaling how vastly the broadening use of artificial intelligence could reshape ...
May 25, 2023
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Business
Apple once again posted an, until now, rare revenue decline in its latest fiscal quarter, but said its overall business improved from the December quarter and sales of its iPhones were solid.
May 4, 2023
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Business
Facebook parent company Meta's first-quarter results surpassed Wall Street's modest expectations on both profit and revenue, sending its stock soaring in after-hours trading.
Apr 27, 2023
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