Swedish fashion giant H&M Group has reported net sales in the financial year 2024 of SEK234.48bn (£17.1bn), a net sales ...
Results for the US tech giants were mixed, as Tesla and Microsoft fell short of market expectations in the growth of their ...
That schism in demand between AI chips and legacy semiconductors created diverging fortunes for chip makers. Those with significant AI exposure like Nvidia have grown exponentially, but companies that ...
Truist Securities adjusted its stance on Tesla stock (NASDAQ:TSLA), increasing the price target to $373 from the previous $351, while continuing to recommend a Hold position on the shares. The ...
Gross profit--a closely watched metric for companies operating in the semiconductor industry--fell to $1.25 billion from $1.95 billion, generating a 37.7% gross margin in line with company guidance.
C3309C STMicroelectronics Reports Q4 and FY 2024 Financial ResultsQ4 net revenues $3.32 billion; gross margin 37.7%; operating margin ...
Tesla reported Q4 gross profit that fell 5.8% from last year to $4.18 billion, as the total cost of revenue climbed 3.9% while total revenue rose just 2.1%. That dropped gross margin, or gross profit ...
Microsoft CEO Satya Nadella gives an update on the state of the Xbox business, saying that releasing games like Black Ops 6 ...
It’s hard to fault a CEO who grows a company beyond $1 trillion in value. Elon Musk managed the feat by upending the ...
Tesla’s fourth-quarter earnings per share missed Wall Street estimates by 2 cents. But there are many more numbers to dive ...
Tesla's gross profit margin declined to 16.3% in the fourth quarter, missing analyst expectations of 19.03%. The company introduced financing offers and discounts to stimulate demand for its electric ...
The company's gross profit margin stood at 16.3% in the October-December period, lower than estimates of 19.03%, according to 20 analysts polled by LSEG. Tesla posted a profit margin of 19.8% in the ...