Tesla’s Ruling Of The EV Kingdom Is Being Challenged
Tesla Inc (NASDAQ: TSLA) changed the rules of the automotive game- but now, the game is changing. For the first time in its history, Tesla has found itself in an increasingly crowded field.
Musk Assures That Tesla’s Long-Term Profitability Isn’t At Risk Despite Latest Earnings Drop
On Wednesday after market close, Tesla Inc (NASDAQ: TSLA) issued its first quarter earnings, with the earnings call taking place through a livestream on Twitter. Although revenues and profits were close to expectations, there was a significant drop in earnings compared to last year. Shares dropped 4% upon the news.
Netflix Is Showing A Mixed Picture As Its Business Model Continues To Evolve
On Tuesday, Netflix Inc’s (NASDAQ: NFLX) issued its first quarter earnings that portrayed a somewhat mixed picture, with revenues topping Wall Street estimates and revenue coming in slightly below them.
Not So Wonderful News From Roblox’s Digital Wonderland
On April 17th, Roblox Corporation (NYSE: RBLX) saw its shares tumble 12% upon reporting its key metrics for March as the video game developer revealed that average bookings per daily user are expected to drop on a YoY basis.
Big Banks Open The Q1 Earnings Season With A Bang
America’s biggest banks reported better than expected results on Friday, sending positive signals on how the industry is doing after the collapse of Silicon Valley Bank and New York's Signature Bank last month.
As Twitter Enters Crypto, Musk Continues To Successfully Sit On Two CEO Chairs
Elon Mush has pushed Twitter into the crypto arena. CNBC reported that as of Thursday, Twitter’s users can buy and sell financial assets as part of the platform’s partnership with eToro, a social trading company that comes with 32 million registered users that span across Europe, Asia and the United States.
Companies Across Industries Race To Lead The EV Charge
Improving the charging infrastructure is of crucial importance for a wide EV adoption. In Denmark, the Chinese EV maker NIO Inc (NYSE: NIO) has opened its first European "Power Swap Station" where drivers can replace their used-up battery with a fully charged one.
Levi Strauss Needs To Prove Recession Won’t Push Jeans Out Of Style
On April 6th, Levi Strauss & Co (NYSE: LEVI) reported its first quarter financial results with direct-to-consumer and international sales being a bright spot as total revenue slowed down. Due to a warning of a further margin crunch, sending shares tumbling after the report.