High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Everyone seems to have the same idea as Tesla these days. The latest example comes from Chinese EV maker XPeng Monday, it reported a second-quarter per-share loss of 10 cents from sales of $2.9 billion. Wall Street was looking for a 20-cent loss on $3 billion in sales.
Uber reported second-quarter results on Wednesday that beat on bookings and profit, but shares fell as the ride-hailing giant's bookings guidance missed analyst projections. Uber says its robotaxi push is still well underway, with investments set to grow.
(Bloomberg) -- SpaceX’s first earnings report following its blockbuster initial public offering is one of the most anticipated events of the summer on Wall Street. Whether it’ll give investors a reason to buy the sinking stock is another matter.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevApple’s New CEO Taps Retired Hardware Executive for Management TeamTaco Bell Met With Michigan on Parasite Weeks Before RecallMamdani Dismisses Business Leaders Advising NYC’
Rivian surprised the market by slashing capital expenditure guidance.
Execution matters more than one disappointing quarter.
Investing.com -- Short sellers have increased their positions in SpaceX before two major events next week: the company's first earnings report as a public company and the release of hundreds of millions of locked-up shares.
Rivian just posted its cleanest quarterly beat in months and lifted full-year guidance, so why are shareholders waking up to an 8% drop while Lucid bleeds in sympathy and Tesla quietly holds its ground?
Bayerische Motoren Werke Aktiengesellschaft (ETR:BMW) said it is preparing a broad transformation program focused on streamlining processes, increasing the use of artificial intelligence and offering voluntary severance packages for indirect employees, while maintaining its production footprint in k
Perhaps Cathie Wood knows something Wall Street doesn't.
Alphabet and Tesla both missed expectations on the same day and both got sold off, but the fundamentals behind those two drops could not be more different. One company is bleeding. The other is spending by choice.
Rising capital expenditures and tightening margins are not a good combination.
Tesla stock fell as much as 15% on Thursday, its worst intraday drop in more than a year, after second-quarter profit missed Wall Street expectations
Tesla shares sank heavily after reporting quarterly earnings.
By Ragini Mathur and Avinash P July 23 (Reuters) - U.S. stock indexes were on track to open lower on Thursday as concerns over heavy AI spending resurfaced after the first batch of Big Tech earnings,
Revenue beat expectations, but operating margin fell to 1.4% and capex more than doubled
Stocktwits data showed retail sentiment is weak, declining to ‘extremely bearish’ on SPY and ‘bearish’ on QQQ.
(Updates with analyst comments in the headline and the last four paragraphs.) Tesla (TSLA) report
The European chip maker, which also counts Apple and Tesla among its clients, raised its revenue target after having had upgraded its forecast in June.
Senior Business Reporter Brooke DiPalma joins Market Domination Overtime Host Josh Lipton to break down Tesla's (TSLA) second-quarter earnings, with the EV maker reporting $28.24 billion in revenue, up 26% year over year, while adjusted earnings per share came in at $0.33, missing Wall Street expectations.
France has flagged risks related to speeding, driver attention, and performance in complex urban environments.
Tesla stock fell about 0.5% before Wednesday's open. Heading into today's earnings call investors are eager for updates about robotaxis and Optimus robots, which are key to Tesla's push into AI.
TSLA has also dropped 8% over the past month and 6% over three months, while Apple, Alphabet, Nvidia and Amazon remain positive for the year.
July 20 (Reuters) - U.S. stock index futures rose slightly on Monday, following last week's chip-stocks-led pullback, as investors awaited a key slate of earnings that could test Wall Street's AI-
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