Takeaways
Amazon earnings beat expectations in the second quarter, but it wasn’t enough to calm investors’ concerns over AI competition and its weak profit guidance.On Thursday, the e-commerce giant reported $167.7 billion in net sales and earnings of $1.68 per share, which smashed analyst estimates.Despite the strong results, the company’s stock…
Tesla just experienced its steepest drop in quarterly vehicle deliveries to date, but you wouldn’t know it looking at its stock price. Wall Street appears to believe that the numbers could’ve been worse, and the stock was up 4.86% at market close on Wednesday.The electric automaker delivered about 384,000 EVs…
Happy Friday! It’s not goodbye. It’s see you later. I start the second half of my paternity leave next week. I’ll be out for the summer, but you’re in good hands with my UK colleague Hallam Bullock. Just try not to give him too much grief on July 4.In today’s…
Elon Musk, the world’s richest person, and President Donald Trump, the world’s most powerful person, have had a working relationship that touches on everything from party politics to spaceflight.As that relationship disintegrates in full public view, there are major ramifications — and revelations — from their feud.Whether you’re catching up…
2025-06-02T11:42:07Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Netflix gave…
