Avnet (NASDAQ:AVT) reported quarterly earnings of $2.15 per share which beat the analyst consensus estimate of $1.85 by 16.22 percent. This is a 42.38 percent increase over earnings of $1.51 per share from the same period last year. The company reported quarterly sales of $6.70 billion which beat the analyst consensus estimate of $6.53 billion by 2.60 percent. This is a 14.24 percent increase over sales of $5.87 billion the same period last year.
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Tesla's Cybertruck is believed to be bulletproof thanks to a unique stainless steel frame. Shopping carts won't dent the vehicle, either.