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The Latest Breaking News on Business

Tesla Shares Jump As Profits Rise On Lower Expenses

Tesla shares surged Wednesday after the electric car maker reported a jump in profits, as increased auto sales and lower expenses offset the drag from a drop in vehicle prices.

International Business Times

Tesla Won't Make A $25,000 Car That Isn't A Robotaxi

"Having a regular, 25K model is pointless. It'd be silly," Tesla CEO Elon Musk said on an earnings call on Wednesday.

InsideEVs

US Fines Apple And Goldman Sachs Over Apple Card

The United States fined Apple and Goldman Sachs a total of $89 million on Wednesday, accusing them of deceiving users of the iPhone maker's credit card.

International Business Times

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G7 agrees to use interest on Russian assets for Ukraine loan; Biden eyes an arms component - Roll Call

The G7 agreed to use interest from frozen Russian assets for a $50 billion loan for Ukraine. President Biden is eyeing an arms component.

Roll Call

Is Now the Time to Buy Shares of NVR as Homebuilding Stocks Recover?

NVR’s (NVR) third-quarter results exhibited solid revenue growth and increasing orders. The company’s long-term prospects appear bright with a rapidly growing population and steady financial performance. So, let’s analyze whether this is the homebuilder’s stock to buy now. Read more to find out.

StockNews.com

Another giant auto parts brand files for Chapter 11 bankruptcy

The huge tires, wheels, and tire product distributor files for Chapter 11 protection seeking a sale of its assets.

The Street

Tesla stock leaps on solid Q3 earnings, delivery growth outlook

Tesla stock is surging after a surprise earnings update.

The Street

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Tesla Earnings Unexpectedly Rise 9% In Q3, Elon Musk Bullish; Tesla Stock Spikes

Tesla earnings surprised with a gain, though revenue fell short. Tesla stock jumped late, with Elon Musk bullish on the conference call.

Investors Business Daily

Boeing's new CEO says the company will be 'iconic' again—even after losing more than $6 billion last quarter

CEO Kelly Ortberg outlined “fundamental” changes to the aircraft manufacturer ahead of Wednesday’s earnings.

Fortune

Here's What to Expect From Albemarle's Next Earnings Report

Albemarle is expected to release its third-quarter earnings next month, and analysts expect a significant triple-digit drop in earnings.

Barchart

What to Expect From DTE Energy’s Q3 2024 Earnings Report

DTE Energy is all set to release its fiscal third-quarter earnings this week, and analysts project a double-digit profit growth.

Barchart

Arm is pulling the plug on Qualcomm's chip design license

Arm's unexpected move is a major blow to Qualcomm.

Android Central

Stock Market Today: Dow Jones Dives As Trump Stock Triples And Retakes Key Level; Tesla Falls With Earnings, Elon Musk Due

The Dow Jones fell on the stock market today. Warren Buffett issued a warning to investors. A Donald Trump stock rose. And Tesla earnings loom.

Investors Business Daily

Arm, Qualcomm Shares Fall As Chip Giants Spar Over Tech Licensing

Chip design firm Arm Holdings has escalated its long-running legal dispute with wireless-chip leader Qualcomm.

Investors Business Daily

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TechRadar

Shadow AI isn't going anywhere, so businesses should just give in

Workers are using AI whether their employers like it or not – businesses need to acknowledge this and react.

International Business Times

Boeing Reports $6.2 Bn Loss On Strike, Defense Contract Woes

Boeing reported a whopping $6.2 billion quarterly loss Wednesday as a nearly six-week labor strike weighed on its commercial plane division and costly problems dragged down its defense and space business.

Barchart

What to Expect From Molson Coors Beverage's Q3 2024 Earnings Report

Molson Coors Beverage is gearing up to release its third-quarter earnings next month, and analysts expect a double-digit profit dip

Barchart

McKesson's Quarterly Earnings Preview: What You Need to Know

With McKesson gearing up to release its second-quarter earnings next month, analysts expect a double-digit surge in earnings.

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news in one place.

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Barchart

Skyworks Solutions' Q4 2024 Earnings: What to Expect

Skyworks Solutions is all set to release its fourth-quarter earnings next month, and analysts expect a double-digit profit decline.

Barchart

Builders FirstSource Earnings Preview: What to Expect

With Builders FirstSource gearing up to release its third-quarter earnings next month, analysts expect a double-digit drop in earnings.

Barchart

Earnings Preview: What to Expect From PPL Corporation's Report

PPL Corporation is all set to release its third-quarter earnings next month, and analysts expect a low single-digit profit dip.

Salon

This industry comeback lacks workers

Staffing shortages could put domestic objectives for the industry at risk and drive up labor costs

Fortune

Stripe announces $1.1 billion acquisition of stablecoin start-up Bridge

Bridge seeks to help financial institutions seamlessly integrate stablecoin technology.

The Guardian - UK

New Starbucks boss to shake up ‘overly complex’ menu to win back customers

Brian Niccol aims to turn around coffee chain, which has reported falling sales, revenue and profits

Evening Standard

Reckitt sees sales slide after £100m tornado hit to baby formula

The Nurofen-to-Dettol maker saw revenues dragged lower by a 17.4% tumble in sales at its nutrition division caused by tornado damage to a warehouse.

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