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Google Cloud Shows 32% Revenue Growth Driven by AI
Alphabet's Google Cloud revenue increased 32% year-on-year, driven by AI demand, larger deals, and increased capital expenditure with a raised capex guidance of $85 billion for 2025.
T-Mobile US Reports Strong Q2 Results and Raised Outlook
T-Mobile US exceeded Q2 expectations with significant postpaid growth and raised its 2025 forecasts for net additions, EBITDA, and free cash flow amid expanding broadband services.
General Motors Q2 Earnings Forecast Amid Tariff Challenges
General Motors is expected to report Q2 2024 earnings with revenue and adjusted EPS forecasted to decline due to ongoing US auto tariffs impacting full-year guidance.
Cummins Announces 10% Increase in Quarterly Dividend
Cummins Inc. has approved a 10% rise in its quarterly common stock dividend to $2.00 per share, continuing its 16-year dividend growth record.
Ericsson Posts Q2 Profit Amid Revenue Decline
Ericsson returned to profit in Q2 2025 with a net income of SEK 4.6 billion despite a 6% revenue decline, driven by weaker sales in India and impacted by U.S. tariffs.
Cummins Appoints Matthew Tsien to Board of Directors
Cummins Inc. has appointed Matthew Tsien, former GM CTO, to its Board, enhancing expertise for progressing its Destination Zero strategy amid evolving market conditions.
Tesla China Q2 Sales Decline, Exports Increase Year-on-Year
Tesla's China sales fell 11.7% year-on-year in Q2 2025, while exports rose 5.1%, ending a six-quarter decline. Pricing adjustments and new competitors are influencing market dynamics.
Hyundai Motor Releases 2025 Sustainability Report
Hyundai Motor's 2025 Sustainability Report outlines efforts in environmental impact reduction, renewable energy investments, governance improvements, and global sustainability partnerships.
Ford Q2 Sales Rise 14% Surpassing Industry Projections
Ford reported a 14.2% increase in US sales for Q2, driven by F-Series trucks and electrified vehicles, significantly exceeding industry growth forecasts of around 1.4%.
Tesla Stock Surges 300-Fold Since 2010 IPO
Tesla's share price increased nearly 300 times since its 2010 IPO, reflecting significant growth and market expansion despite recent sales declines and leadership controversies.
LeddarTech Faces Financial Challenges Amid Strategic Review
LeddarTech has laid off most employees and suspended operations while reviewing strategic alternatives including sale, restructuring, or insolvency proceedings, with no assurance of avoiding bankruptcy.
Qualcomm to acquire Alphawave Semi for $2.4bn
Qualcomm will acquire Alphawave Semi to enhance its data centre capabilities, combining advanced connectivity and compute technologies to address demand in high-performance computing and AI.
Nio Reports Q1 2025 Losses Amid Strategic Restructuring
Nio’s Q1 2025 results show reduced revenue and margins, with cash reserves declining. Strategic measures are planned to improve Q2 performance and financial stability amid market pressures.
Xiaomi Reports Reduced Losses in EV Sales for Q1 2025
Xiaomi's Q1 2025 report shows reduced average loss per electric vehicle sold to USD 903, with plans for capacity expansion and positive demand for the upcoming YU7 model.
Hertz Shares Fall After Q1 Earnings and $250m Stock Offering
Hertz reported weaker first-quarter earnings and announced a $250 million stock offering, citing reduced fleet capacity and tariffs affecting bookings and pricing dynamics.
Cummins Inc. Declares Quarterly Dividend of $1.82 Per Share
Cummins Inc. announced a quarterly cash dividend of $1.82 per share, payable on 5 June 2025 to shareholders recorded by 23 May 2025. The company reported $3.9 billion net income on $34.1 billion sales in 2024.
Honda Reports 76% Decline in Q4 Operating Profit
Honda's operating profit fell 76% in Q4, missing estimates amid rising US tariffs. Full-year revenue rose 6.2%, but operating profit declined 12.2%, impacted by trade tensions and strategic shifts.
Uber Q1 Earnings Beat EPS, Miss Revenue Estimates
Uber reported higher earnings per share but slightly missed revenue expectations in Q1 2025, with growth in ride-sharing and delivery segments and expansion in autonomous vehicle services.
Rivian Revises 2025 Delivery Targets and Capital Expenditure
Rivian lowers 2025 vehicle delivery guidance and raises capital expenditure forecast amid tariff impacts, while maintaining earnings expectations and reporting improved Q1 financial results.
Ferrari Reports 17% Profit Rise, Warns of US Tariff Impact
Ferrari's net profit rose 17% in Q1 2025, driven by personalised vehicle demand. The company cautions US tariffs on EU imports may reduce profitability margins this year.
Ford to Report Q1 Earnings and 2025 Outlook Amid Tariff Concerns
Ford Motor prepares to release Q1 earnings and 2025 guidance amid uncertainty from US auto tariffs impacting industry forecasts and investor expectations.
European Auto Makers Suspend Earnings Guidance Amid Tariff Impact
European automotive companies report decreased profits and withdraw financial guidance following U.S. tariffs. Uncertainty over trade policies hampers long-term investment decisions.
Volkswagen Q1 Profit Falls 37% Amid Tariff Concerns
Volkswagen's first-quarter operating profit declined 37% to €2.9bn, impacted by US tariffs and global market volatility, with full-year forecasts lowered amid political and trade uncertainties.
ABAX Group Reports 2024 Financial Results and Strategic Developments
ABAX Group recorded a 2.6% revenue increase to 819.7 million NOK in 2024, with strategic acquisitions and enhanced product innovation supporting its market position and future growth plans.
General Motors Prepares to Report Q1 Earnings Amid Tariff Challenges
General Motors is scheduled to release Q1 earnings, with Wall Street focusing on 2025 guidance amid uncertainties from 25% auto tariffs impacting production and costs.
Verizon Reports Record Q1 Earnings Despite Postpaid Churn
Verizon delivered record Q1 2025 adjusted EBITDA and broadband subscriber growth, driven by strategic initiatives and cost efficiency, while managing challenges from postpaid churn and tariff uncertainties.
Tesla Weighs India Entry Amid Tariff and Timing Challenges
Tesla's CFO confirmed ongoing plans to enter the Indian market, highlighting tariff obstacles and careful timing considerations amid recent sales declines and evolving trade policies.
Financial Firms Face Challenges Modernising IT for AI and Blockchain
Nearly half of financial services firms report legacy technology hindering AI integration, with increased investments in AI, cloud, blockchain, and data harmonisation to address infrastructure gaps.
RoboSense Technology Co. Reports Significant Growth in 2024
RoboSense's revenue and LiDAR sales experienced substantial growth in 2024, reflecting advancements in technology and strategic partnerships across various sectors.
ZF Friedrichshafen AG Reports Decline in Fiscal Year 2024
ZF Friedrichshafen AG's sales decreased by 11% in 2024, affected by strategic realignment and restructuring amid challenging market conditions.
Volkswagen Reports 15% Decline in Annual Operating Profit
Volkswagen experienced a 15% decrease in annual profit, attributing this to rising costs and restructuring efforts, while forecasting a revenue increase for 2025.
Goodyear Implements Two-Year Transformation Strategy
Goodyear is executing a transformation plan aimed at enhancing operational efficiency and profitability amid ongoing market challenges and investor scrutiny.
Polestar Secures Financing Amid Delayed Financial Reports
Polestar has obtained a financing facility to enhance working capital, while further postponing the release of its financial results for 2024.
ABAX Group AS Reports Q4 2024 Financial Results
ABAX Group AS reports stable revenue growth and strategic advancements in Q4 2024, bolstered by the acquisition of Fleet360 and operational efficiencies.
Rivian Reports Revenue Growth in Q4 2024 Financial Results
Rivian Automotive announces Q4 2024 revenue of $170 million, marking a significant recovery from losses, alongside 2024 full year outcomes.
Lucid Group Focuses on Production and Marketing Strategies
Lucid Group's interim CEO outlines priorities to enhance vehicle production and marketing efforts in light of leadership changes and recent stock downgrade.
GM Increases Dividend and Launches $6 Billion Buyback Plan
General Motors has raised its quarterly dividend by 25% and initiated a $6 billion stock buyback programme as part of its capital allocation strategy.
Stellantis Anticipates Revenue Growth Following Profit Decline
Stellantis forecasts a return to revenue growth in 2025 after reporting a 70% decrease in net profit for 2024 amidst industry challenges.
Lucid Group Announces CEO Change and Production Plans
Lucid Group CEO Peter Rawlinson steps down as the company targets over 20,000 vehicle production in 2025, amid reported financial losses.
Carvana Reports Strong Q4 Performance and 2024 Projections
Carvana exceeded Q4 earnings expectations and forecasts growth in retail vehicle sales and adjusted EBITDA for 2024, projecting continued positive financial performance.
Lyft Reports Fourth-Quarter Results and $500 Million Repurchase
Lyft's fourth-quarter performance fell short of expectations, with a revenue of $1.55 billion and a $500-million share repurchase programme announced amid competitive pricing strategies.
Ford Motor Company Earnings Report Expectations
Ford Motor Company is set to announce its earnings, with Wall Street anticipating a slight decline in automotive revenue amid ongoing tariff concerns and recent challenges.
Toyota Reports Decline in Third-Quarter Operating Profit
Toyota Motor posted a near 28% drop in operating profit, while announcing the establishment of a new company for electric vehicle production in China.
Ferrari Reports 21% Increase in Full-Year Profit
Ferrari posts a 21% rise in net profit for 2024, projecting a 5% revenue increase to over €7 billion in 2025 amid growing demand for personalised vehicles.
General Motors Set to Report Earnings and 2025 Guidance
General Motors prepares to release earnings, anticipating revenue growth and adjusted earnings per share increases, while also updating guidance amidst operational changes.
Rivian Achieves 2024 Production Target After Adjustments
Rivian produced 49,476 vehicles in 2023, meeting revised targets after resolving supply chain issues. Financial results to be announced on 20 February.
