annual
By Akash Sriram (Reuters) -Tesla reported its first decline in annual deliveries on Thursday, as the automaker handed over fewer-than-expected electric vehicles in the fourth quarter and incentives failed to boost demand for its aging line-up of models. Shares of the company fell about nearly 6%, indicating investor worries over…
By Jiaxing Li Hong Kong (Reuters) – Chinese stocks registered their first annual gain following an unprecedented three-year decline despite a dip on the final trading day of 2024, while Hong Kong shares ended the year higher, supported by optimism over policy support. The blue-chip CSI 300, tracking the biggest…
Investing.com — Piper Sandler released key findings from its fourth annual US Ad Buyer Survey, covering insights from approximately 40 respondents managing over $8 billion in digital ad spend. The survey highlights robust optimism in spending growth, increased adoption of AI tools, and improved economic confidence among advertisers. For the…
The auto industry is facing a potential increase in tariffs on car imports into the United States, which could significantly impact the earnings of European and U.S. carmakers. S&P Global has estimated that a 20% tariff on light vehicle imports from the European Union (EU) and the United Kingdom (TADAWUL:)…
By Savyata Mishra (Reuters) -Home Depot forecast a smaller drop in annual same-store sales on Tuesday, benefiting from resilient demand from professional contractors, as well as a lift from hurricane-related spending in the current quarter. The top U.S. home improvement chain also posted better-than-anticipated third-quarter results, a stark contrast from…
Block (NYSE:) reported third-quarter earnings that met expectations, but revenue fell short of analyst estimates. The stock initially fell 10% but those losses were reduced to around 3% in premarket trading Friday. The financial technology company, formerly known as Square, reported adjusted earnings per share of $0.88, in line with…
By Tim Hepher PARIS (Reuters) – Airbus deliveries are closing September at a slower pace than a year ago, raising increased questions over its ability to hit a revised annual target, analysts and industry sources said. In July, Airbus issued a profit warning and lowered its full-year delivery target to…
By Deborah Mary Sophia and Aditya Soni (Reuters) -AI server maker Super Micro Computer (NASDAQ:) delayed the filing of its annual report, citing a need to assess “its internal controls over financial reporting,” sending shares down 25% in heavy trading on Wednesday. The delay comes one day after short-seller Hindenburg…
Democrats and Republicans alike are fighting a ballot measure in Oregon that would increase corporate taxes to give residents an annual rebate.The proposal, known as Ballot Measure 118 or the Oregon Rebate, would add a 3% tax on corporations in the state once they make $25 million a year. The…