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Ford Motor posted better-than-expected first-quarter profit Wednesday evening, thanks to the strength of its commercial operations. Positive updates to the full-year outlook sent shares up about 2.5% in after-hours trading. Auto revenue rose 2% year over year to $38.89 billion, missing analyst expectations of $40.1 billion, according to LSEG estimates. Adjusted earnings per share fell … Read more
Ford Motor posted better-than-expected first-quarter profit Wednesday evening, thanks to the strength of its commercial operations. Positive updates to the full-year outlook sent shares up about 2.5% in after-hours trading. Auto revenue rose 2% year over year to $38.89 billion, missing analyst expectations of $40.1 billion, according to LSEG estimates. Adjusted earnings per share fell … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Mark Zuckerberg has stoked investor fears that he would fail to control costs at Meta after promising to increase spending and turn the social media group into “the world’s leading AI company”, sending its shares … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Mark Zuckerberg has stoked investor fears that he would fail to control costs at Meta after promising to increase spending and turn the social media group into “the world’s leading AI company”, sending its shares … Read more
Boeing said Wednesday it lost $355 million due to declining first-quarter sales, another sign of the crisis facing the plane maker. increasing control about the safety of its planes and accusations of shoddy work from a growing number of whistleblowers. CEODavid Calhoun said the company is in “a difficult moment” and the focus is on … Read more
Boeing said Wednesday it lost $355 million due to declining first-quarter sales, another sign of the crisis facing the plane maker. increasing control about the safety of its planes and accusations of shoddy work from a growing number of whistleblowers. CEODavid Calhoun said the company is in “a difficult moment” and the focus is on … Read more
The Powerball jackpot rose to an estimated $129 million in Wednesday’s drawing after there was no jackpot winner on Monday. The winning numbers were drawn at 11pm ET and we have the numbers below. If there is a jackpot winner in Wednesday’s drawing and they choose the lump sum payment option, they could take home … Read more
The Powerball jackpot rose to an estimated $129 million in Wednesday’s drawing after there was no jackpot winner on Monday. The winning numbers were drawn at 11pm ET and we have the numbers below. If there is a jackpot winner in Wednesday’s drawing and they choose the lump sum payment option, they could take home … Read more
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Monday, April 22, 2024. SK Hynix is expected to announce earnings results on April 25. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korean memory chip maker SK Hynix on Thursday reported a net profit of 1.92 … Read more
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Monday, April 22, 2024. SK Hynix is expected to announce earnings results on April 25. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korean memory chip maker SK Hynix on Thursday reported a net profit of 1.92 … Read more