October 3 2022 🕓 2 min
Tesla delivers record number of vehicles in Q3
Tesla delivered 35% more vehicles to customers in Q3 than in Q2. However, it's still less than expected and the stock is falling.
Tag: shares
October 1 2022 🕓 3 min
Is there an end to Meta’s rapid growth?
Meta Platforms will reduce the number of employees for the first time since its foundation. Budgets will be cut for most teams.
September 25 2022 🕓 3 min
Honda has to cut production due to chip shortage
Honda has to cut production by 40% at one factory and 30% at another. This is primarily due to a shortage of chips.
September 24 2022 🕓 2 min
Mercedes is making parts to stock up – afraid of gas
Mercedes-Benz is worried about possible gas rationing in the winter. It is therefore manufacturing parts for inventory.
September 10 2022 🕓 2 min
Unexpected partnership of Rivian and Mercedes?
Rivian and Mercedes are planning to cooperate in a common factory in Central or Eastern Europe. Together they want to produce electric vans.
September 5 2022 🕓 3 min
Ford reports astonishing double-digit sales increase
Ford's U.S. sales rose 27% in August, driven mainly by strong demand for electric vehicles, which quadrupled year-on-year.
August 31 2022 🕓 3 min
DAX falls after EU inflation data
Sentiment remains bearish and rallies are sold, likely pushing the DAX index further lower in the coming days.
August 29 2022 🕓 2 min
Honda to build $4.4 billion battery factory in the US
Honda will not build the new lithium-ion battery factory alone. It will work with the Korean company LG Energy Solution.
August 25 2022 🕓 2 min
Nvidia’s net income down 72% year-on-year
The company posted weaker results in almost all aspects. Thus, the rescue for the company was the data center segment.
August 16 2022 🕓 2 min
BHP achieved record free cash flow of $24.3 billion
Australian mining company BHP Group experienced strong profit growth at almost all levels in the past financial year.
August 15 2022 🕓 2 min
Saudi Aramco increased year-on-year profit by 90%
Like other oil companies, Aramco benefits from higher oil prices and refinery margins. Demand for oil is expected to continue to grow.
August 13 2022 🕓 2 min
Google must pay a fine of 60 million AUD
The Federal Court in Australia has ordered Google to pay 60 million Australian dollars in fines for misleading users.