Musk talks price cuts, FSD and robotaxis on Tesla earnings call
Tesla (NASDAQ:TSLA) held its Q2 earnings call after market closed Wednesday. According to the release, the electric vehicle maker’s profits…
YouTube hikes prices on US premium plans
(Reuters) – YouTube, Google (NASDAQ:GOOGL)’s video streaming platform, hiked prices on its monthly and annual premium plans in the United…
Made in Russia? Chinese cars drive a revival of Russia’s auto factories
(Reuters) – The relaunch of a classic Soviet-era car, the Moskvich, by a state-owned company in November was celebrated by…
Bain Capital raises SoftwareOne takeover offer to $3.7 billion – Bloomberg News
(Reuters) – has increased its offer for SoftwareOne Holding AG to about 3.2 billion Swiss francs ($3.72 billion), Bloomberg News…
Tesla to expand German EV plant near Berlin, aims for Europe’s largest vehicle factory
Tesla (NASDAQ:TSLA) aims to boost the production capacity of its assembly plant located outside Berlin to an impressive one million…
Copper miner Freeport’s profit slides 60% on lower output, Indonesia woes
(Reuters) – Miner Freeport-McMoRan (NYSE:FCX) Inc reported a 60% slump in second-quarter profit on Thursday, hurt by a drop in…
Newmont misses quarterly profit estimates on lower output
(Reuters) – Gold miner Newmont missed Wall Street estimates for second-quarter profit on Thursday, hurt by lower production due to…
Philip Morris beats profit estimates as cost pressures ease amid steady demand
(Reuters) – Philip Morris International on Thursday beat Wall Street expectations for quarterly profit, boosted by a let-up in soaring…
Oil edges higher on lower U.S. crude stocks, cautious outlook
(Reuters) – Oil prices crept higher on Thursday as a lower-than-expected drop in U.S. crude inventories and a weaker demand…
Dollar steadies after one-two punch from Aussie, Chinese yuan
(Reuters) – The dollar held mostly steady against the euro and the yen on Thursday, but dropped against the Australian…