Tesla is about to share its second-quarter results, and experts are not too optimistic. The company's car deliveries dropped by 14% last month, and analysts think earnings might fall by 21% from last year. They expect revenue to be down by over 11% too. This follows a first quarter where car sales dropped by 20%, and total revenue fell by 9%. Tesla's stock hit a low ...
Tesla's recent financial report revealed a significant drop in auto revenue for the second quarter in a row. This news caused the company's stock to plummet by 8%, making it the worst performer among tech's biggest companies this year. The report also highlighted Tesla's investment in digital assets, which has seen a substantial increase in value over the past year. ...
BlackRock, the world's biggest asset manager, saw its shares drop by 5% after releasing its second-quarter earnings. The results were a mix of good and not-so-good news. Revenue went up by 12. 9% compared to last year, reaching $5. 42 billion. However, this was a bit less than what experts expected, which was $5. 46 billion. On the bright side, the company's earnings...
July 16, 2025, saw some ups and downs in the stock market. The S&P 500 went up by 0. 32%, ending at 6, 263. 70. The Nasdaq Composite also had a good day, gaining 0. 26% and hitting a new high for the year at 20, 730. 49. The Dow Jones Industrial Average added 231. 49 points, or 0. 53%, closing at 44, 254. 78. But it wasn't all smooth sailing—the Dow dropped 264. 31 p...
In the world of mixed martial arts, Max Holloway and Dustin Poirier are household names. Their upcoming trilogy fight at UFC 318 in New Orleans is not just about settling scores in the Octagon; it's also a chance to see who has built a stronger financial empire outside of it. As of mid-2025, both fighters have a net worth of around $6 million, according to various e...
Delta Air Lines has had to adjust its plans for 2025. The company now expects lower profits because fewer people are booking flights than they thought. This is happening because there are too many flights available and people are waiting longer to make travel plans. Even though things are not as good as they hoped, Delta is still doing better than what experts predic...
Nike's shares got a big boost recently, jumping over 10% after hours. This happened even though the company reported some of its worst results in years. Investors seem hopeful that Nike's new plans might finally start working. The company's CEO, Elliott Hill, came back from retirement to lead Nike. He talked about new strategies, like focusing more on sports product...
Uber's profits are soaring, but not everyone is happy. Recent studies suggest the ride-hailing giant is using clever tricks to boost its earnings. One study from Columbia Business School looked at millions of trips and found Uber's pricing strategy is designed to squeeze more money from riders while paying drivers less. This isn't just happening in the US. In the UK...
Darden Restaurants, the powerhouse behind Olive Garden and other popular eateries, recently shared its fourth-quarter earnings for 2025. The results were impressive, exceeding what financial experts had predicted. The company's revenue hit $3. 27 billion, slightly above the $3. 26 billion estimate. Earnings per share also surpassed expectations, coming in at $2. 98, ...
Lululemon, a popular athletic wear brand, recently shared its financial results for the first quarter of 2025. The company managed to exceed Wall Street's earnings and revenue expectations. However, it also lowered its full-year earnings forecast, citing challenges from tariffs and a slowing U. S. economy. This move highlights the tough decisions companies face in a ...