In the first few months of 2025, Chipotle faced some tough times. The fast-casual giant saw a drop in sales at its existing stores. This was the first time this had happened since 2020. The company blamed a mix of factors. People were spending less, and bad weather didn't help either. As a result, the company's earnings didn't meet expectations. The company's shares...
Tesla's first quarter of 2025 was a bumpy ride. The electric car giant managed to stay in the green, but it was a close call. The company's CEO, Elon Musk, has been heavily involved in politics, and this has taken a toll on Tesla's finances. A global trade war and an aging product lineup have also played a part in the company's struggles. The numbers tell a story. T...
Boeing is gearing up to ask the Federal Aviation Administration for the green light to boost its 737 Max jet production to 42 per month by the end of this year. This push comes as the company shows signs of improvement in its financial performance and operational efficiency. The company's latest quarterly report revealed a net loss of 31 million dollars, which, alth...
Elon Musk, the tech mogul, recently announced a significant change in his focus. He plans to spend less time on his political endeavors and more on his electric vehicle company, Tesla. This shift comes after Tesla reported a notable drop in first-quarter profits and revenue. The company pointed to political uncertainties and tariff plans as major hurdles. Musk's inv...
Netflix has decided to stop sharing how many subscribers it has every three months. This change might seem odd, but the company is still doing great. In the first three months of 2025, Netflix made $10. 54 billion, which is 12. 5% more than the same time last year. Each share of the company's stock made $6. 61, up from $5. 28 a year ago. The company's operating margi...
The gaming world is buzzing with the swift success of Assassin's Creed Shadows. The game has already drawn in two million players, a number that outshines the initial launch of Origins and Odyssey. This is a significant achievement, especially considering the financial setbacks Ubisoft has faced recently. Games like Skull and Bones, Avatar: Frontiers of Pandora, a...
The head of Amtrak, Stephen Gardner, recently stepped down from his role. This sudden move has raised questions about the future of the national passenger railroad. The decision came after discussions with the current administration, which has been pushing for changes in federal services. Gardner's departure follows comments from billionaire Elon Musk, who suggested...
Marvell Technology Inc. wrapped up its fiscal year 2025 with a mix of highs and lows. The company's total revenue hit $5. 8 billion, a 5% jump from the year before. This boost was mainly due to a huge 88% surge in sales from data centers, thanks to the growing demand for AI applications. However, despite this revenue increase, Marvell still ended the year with a net ...
Energy companies are under the microscope. They are being watched for how they are handling sustainability. This is not just about being eco-friendly; it's also about making money. Digital technology is a big deal in this shift. It's changing how businesses operate. The energy sector is no exception. Recent studies show that digitalization can boost a company's fina...
Lucid Motors is making a big change at the top. The company's CEO, Peter Rawlinson, who has been leading the company since 2013, is stepping down. He will no longer be the CEO or the CTO. Instead, he will become a technical advisor to the company's chairman. Marc Winterhoff, who is currently the chief operating officer, will take over as the interim CEO. This change...