DETROIT — General Motors on Tuesday raised its 2024 guidance after beating Wall Street’s top- and bottom-line expectations for the first quarter. The automaker said it was boosting its forecast after strong North American operations offset losses elsewhere during the first quarter. The company now expects adjusted earnings of $12.5 billion to $14.5 billion, or … Read more
Silhouette of passenger in front of the JetBlue Airbus A321neo aircraft spotted on the apron tarmac docked at the passenger jet bridge from the terminal of Amsterdam Schiphol International Airport AMS EHAM in the Netherlands. Nicholas Economou | Nurphoto | Getty Images JetBlue Airways shares tumbled more than 13% in premarket trading Tuesday after the … Read more
Tesla shares fell for a seventh straight day, reaching their lowest since January 2023, as further price cuts over the weekend added to mounting concerns heading into the company’s first-quarter earnings report Tuesday. The stock dropped 3.4% on Monday to close at $142.05, bringing its decline for the year to 43%, second worst among members … Read more
Travelers at LaGuardia Airport in New York on June 30, 2022. Leslie Josephs | CNBC While the aviation industry has been in the spotlight lately for a host of safety issues, airline executives say there is no sign of slowing demand for flights. United Airlines “as an airline and as an industry” will carry record … Read more
VICTORIA, Seyşeller, 19 Nisan 2024 /PRNewswire/ — 2024’ün ilk çeyreğinde, önde gelen küresel kripto para borsalarından biri olan KuCoin, operasyonlarının birçok boyutunda önemli bir büyüme bildirdi. Borsa, spot işlem hacminde %121,85 oranında kayda değer bir artış gördü ve özellikle MENA bölgesi %263,91 ile en yüksek büyümeyi gösterdi. Bu dönem aynı zamanda piyasa öncesi işlem hacminin … Read more
An Alaska Airlines Boeing 737 MAX 9 taxis at Seattle-Tacoma International Airport on March 25, 2024 in Seattle, Washington. Stephen Brashear | Getty Images Alaska Airlines forecast second-quarter and full-year earnings well ahead of estimates on Thursday with executives predicting a strong peak travel season, despite a first-quarter loss stemming from a midair blowout of … Read more
Norway’s giant sovereign wealth fund on Thursday reported first-quarter profit of 1.21 trillion kroner ($109.9 billion), supported by robust returns on its investments in technology stocks. The so-called Government Pension Fund Global, the world’s largest sovereign wealth fund, said it had a value of 17.7 trillion kroner at the end of March. It described the … Read more
CHARLOTTE, N.C., April 18, 2024 /PRNewswire/ — Ally Financial Inc. (NYSE: ALLY) today reported its first quarter 2024 results. View full press release in PDF. The news release, presentation and financial supplement can be accessed in the following ways: Ally will host a conference call at 9 a.m. ET to review the company’s performance. The … Read more
A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023. (Photo by Amber Wang / AFP) Amber Wang | Afp | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday beat revenue and profit expectations in the first quarter, thanks to continued … Read more
President Joe Biden’s administration plans to press the Netherlands next week to stop its top chipmaking equipment maker ASML from servicing some tools in China, two people familiar with the matter said, as the U.S. leans on allies in its bid to hobble Beijing’s tech sector. Emmanuel Dunand | AFP | Getty Images ASML on … Read more
