Tag: engineering

Crown Holdings (NYSE:CCK) posted in-line Q4 sales of $2.90 billion, with non-GAAP EPS beating estimates by 5.3%. Despite a solid operating margin of 12.1%, the company faces challenges in sales growth and free cash flow margin. Read our full report for a comprehensive analysis and investment outlook.

Published on: February 05, 2025, 10:04 PM UTC

Arm Holdings' valuation remains high despite AI concerns, with the stock up almost 40% in 2025. Investors will seek reassurance with upcoming earnings report amidst uncertainty in the AI landscape.

Published on: February 05, 2025, 07:01 PM UTC

Polestar, an electric car company, discusses impact of tariffs and manufacturing strategies. While tariffs have affected Polestar 2 production, the company plans to expand manufacturing in US to mitigate costs, with targets for revenue growth and positive EBITDA by 2025.

Published on: February 05, 2025, 06:01 PM UTC

Global auto stocks slide on Trump tariffs targeting cars from Mexico, Canada

Published on: February 05, 2025, 10:01 AM UTC

Andreessen Horowitz, a leading venture capital firm, has hired Daniel Penny, a Marine veteran who gained recognition for his actions on a subway. Penny was cleared of criminally negligent homicide last year. He will join Andreessen Horowitz's American Dynamism practice, focusing on supporting companies that align with American interests.

Published on: February 05, 2025, 01:03 AM UTC

Tesla sales decline in Europe and the US, impacted by increased competition and public opinion concerns surrounding CEO Elon Musk's political involvements and controversial statements.

Published on: February 04, 2025, 09:01 PM UTC

Treasury brings on two people connected to the so-called Department of Government Efficiency, Tom Krause and Marko Elez, to meet with staff responsible for the government payments system and database.

Published on: February 04, 2025, 06:06 PM UTC

Trump's tariffs are a departure from his previous approach, with higher duties, a wider range of consumer goods affected, and a use of tariffs as leverage for other concessions. China, Canada and Mexico are preparing to retaliate, and the economic effects are expected to be felt quickly.

Published on: February 04, 2025, 06:02 PM UTC

Spotify beats revenue expectations, posts first full-year profit; MAUs hit 675 million

Published on: February 04, 2025, 03:00 PM UTC

A potential tariff on Mexico and Canada would hit Japanese automaker Nissan hard, as the US is its top market and it sources 27% of its US sales from Mexico. Nissan is struggling financially and the tariff would wipe out its operating profit if it did not take action. Toyota and Honda are better prepared to handle the tariffs, but the move would still be a burden for them. Hyundai, which does not have any plants in Mexico or Canada, would not be hit as hard by the tariffs.

Published on: February 04, 2025, 01:00 PM UTC