earnings
New York (AFP) - Troubled aviation giant Boeing reported a first-quarter loss of $343 million on Wednesday, reflecting recent safety troubles that have slowed production and deliveries. Boeing said it tempered production in the 737 program following a January near-catastrophic incident on an Alaska Airlines jet that has sparked heavy scrutiny from Washington and among Boeing's airline customers. "Our first quarter results reflect the immediate actions we've taken to slow down 737 production to drive improvements in quality," said Chief Executive Dave Calhoun, who will step down at the end of 2...
AFP
New York (AFP) - Tesla reported a big drop in quarterly profits Tuesday amid an increasingly cutthroat electric vehicle market, but shares rallied as CEO Elon Musk pledged to accelerate plans for a more affordable EV. Tesla reported profits of $1.1 billion, down 55 percent from the year-ago quarter on revenues of $21.3 billion, down nine percent as the company described EV sales as "under pressure." But shares rocketed up more than 11 percent in after-hours trading after Tesla pledged to "accelerate" new more affordable autos -- something Wall Street analysts have been clamoring for. The resul...
AFP
New York (AFP) - General Motors reported higher profits Tuesday thanks to continued strength in North America that offset a loss in its China business, enabling the carmaker to lift its forecast. GM, which has benefited from consistently strong demand from US consumers for pickup trucks and other larger vehicles, increased its range for 2024 net income by $300 million to between $10.1 and $11.5 billion. "The team is executing well and making progress across the board," GM Chief Executive Mary Barra said in a letter to shareholders. Net profits in the first quarter rose 24 percent to $3.0 billi...
AFP
New York (AFP) - Tesla CEO Elon Musk faces heightened pressure with Tuesday's earnings report to reassure investors that recent stumbles are simply unexpected speed bumps -- and not indications of a road to decline. The electric car maker, which enjoyed scorching growth for most of 2022 and 2023, has experienced setbacks that analysts say have raised the stakes for the first-quarter report. Tuesday's earnings and conference call are a "moment of truth" for Tesla and Musk, constituting "one of the most important moments in the company's history in our view," said a note from Wedbush. Heading in...
AFP
ValueWalk
San Francisco (AFP) - Netflix topped expectations Thursday as it reported 9.3 million new subscribers and profits of $2.3 billion in the first three months of the year. Silicon Valley-based Netflix had bet heavily on its content lineup to win fans, with subscribers now totaling 269.6 million. "With more than two people per household on average, we have an audience of over half a billion people," Netflix said in a letter to investors. "No entertainment company has ever programmed at this scale and with this ambition before." Netflix shares slipped more than 3 percent to $589.64 in after-market ...
AFP
New York (AFP) - Large American banks reported solid earnings Friday behind still-high interest rates while offering varying views on the likelihood the United States can avoid a near-term recession. JPMorgan Chase reported higher profits, citing increased asset management and investment banking fees as well as the lift from lofty interest rates, while Citigroup and Wells Fargo reported dipping profits on higher costs. Compared with a year ago, the banks have seen some uptick in write-offs for bad loans, reflecting the weaker profile of low-income consumers. However, bankers still point to a h...
AFP
New York (AFP) - Delta Air Lines reported another round of strong earnings on Wednesday as it forecast a record second quarter based on consistently strong travel appetite. "Consumer demand is robust and premium trends remain strong," Delta President Glenn Hauenstein said on a conference call with analysts. The big US carrier described consumer taste for travel as still unwavering, with business travel taking "another meaningful step forward this year" after the doldrums of the pandemic years, said Chief Executive Ed Bastian. Delta reported first-quarter profits of $37 million compared with a ...
AFP
Pékin (AFP) - Le promoteur chinois Vanke, un acteur clé du marché en Chine mais fragilisé par la crise de l'immobilier, a annoncé jeudi une chute de 46% de son bénéfice net en 2023, au moment où la santé financière du groupe privé préoccupe les marchés. Vanke est l'un des promoteurs les plus connus du grand public en Chine. Il était l'an dernier le deuxième plus gros promoteur du pays en termes de ventes, selon le cabinet spécialisé Cric. Mais ce secteur est ces dernières années sous pression, avec certains promoteurs au bord de la faillite et des prix en chute qui dissuadent les Chinois d'inv...
AFP (Français)
New York (AFP) - Walmart announced Tuesday it will buy smart television maker Vizio for $2.3 billion, boosting the retail giant's advertising venture as growth slows in its legacy business from the pandemic boom. With the all-cash purchase, the US shopping behemoth gains access to Vizio's more than 18 million accounts as another source of strengthened potential connection to those households. Based in California, Vizio is known for what Walmart called "immersive entertainment" through a "customer-centric platform" that lets viewers stream content for free by watching ads. Analysts said the de...
AFP
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら