Big Tech Earnings Are Just Around the Corner
Next week, part of the Magnificent 7, namely Meta Platforms (NASDAQ: META), Google’s parent Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL), Amazon.com Inc (NASDAQ
Europe Needs A New Strategy For The EV Race
March data showed that passenger-car sales in Europe fell 2.8%. On Thursday, the European Automobile Manufacturers’ Association (ACEA) revealed that registrations of new vehicles declined 5.2% to 1.38 million units in March, with BEV sales dropping 11.3%.
Still-In-The-Woods Adidas Provides Glimpse Of Recovery With A Lifted Guidance
In an unscheduled announcement, Adidas AG (OTC: ADDYY) (OTC: ADDDF) raised its 2024 profit outlook after a better than expected first quarter. The good news come a month after the German sportswear giant posted its first annual loss in m
Volkswagen To Gain A Competitive EV Advantage With A New Architecture It Developed With XPeng
On Wednesday, Volkswagen AG (OTC: VWAGY) revealed that together with its Chinese EV partner, XPeng Inc (NYSE: XPEV), they have developed a new architecture for EVs.
Honda Continues Its EV Push With Attempt To Rejuvenate Its Positioning In China
Honda Motor Co Ltd (NYSE: HM) has lagged its European, U.S. and even Chinese competitors in ramping up its EV efforts in attempt to join Tesla Inc (NASDAQ: TSLA) and BYD Company Limited (OTC:
Johnson & Johnson Shows Focus On Strengthening Its Business Upon Its Consumer Health Unit Spinoff
On Tuesday, Johnson & Johnson (NYSE: JNJ) delivered a rather mixed first quarter report. Adjusted earnings surpassed estimates as sales in its medical devices business surged, while revenue was almost in line with estimates.
First Quarter Bank Earnings Brought The Revival That Wall Street Needed
The first quarter reports officially kicked off with bank earnings, as usual.
Constellation Brands’ Continued Beer Strength Offsets Its Wine And Spirits Weakness
Despite a decline in the wine and spirits business, Constellation Brands (NYSE: STZ) outperformed its expectations with beer sales with its latest quarterly report.
Delta Navigated The Industry Turbulence Better Than Expected
Despite persistent inflation, Delta Air Lines Inc (NYSE: DAL) swung to a profit during the first quarter fueled by record sales.
The Expansion Of China’s EV Makers Could Threaten The Legacy Of European Automakers
The Italian government stated that it is talks with Tesla Inc (NASDAQ: TSLA), as well as with Chinese automakers, in attempt to get them to bring their manufacturing to the country and boost the national output after years of decline on the automotive front.