Tag: innovation

Posts with tag: innovation

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Polestar CEO: Local production, new models buoy prospects despite tariffs

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.

Toyota Stock Bumps Up on Upbeat Forecast, China EV Investment

Toyota (TM) stock rises on upbeat guidance and plans for a wholly-owned EV unit in China. Q3 revenue up 2.9% to 12.39 trillion yen, net profit up 62% to 2.19 trillion yen. Full-year fiscal 2025 profit outlook raised to 4.7 trillion yen.

Chipotle CFO: 'We Don't Want to Act Quickly' on Tariff Impact

Chipotle's CFO says the company is closely monitoring tariffs and will absorb costs for now, but may raise prices if tariffs become permanent.

Cabinet Turmoil Shakes Colombia's Government

Colombia's cabinet faces disintegration after televised meeting descends into recriminations, with ministers suggesting mass resignation.

Workday Cuts 1,750 Jobs to Fund AI Investments

Workday to Cut 8.5% of Workforce in Restructuring, Focus on AI Investments

Tech Stocks Resume 'Buy the Dip' Mentality, Fueled by Leverage

Tech investors are sticking to the "buy the dip" strategy despite two market shocks in less than three weeks of Trump's second term. Leveraged ETFs and retail traders are pouring money into the market, showing the resilience of this mentality.

Wall Street Stays Bullish Amidst Noise: Strong Earnings, Economic Data Offset Trade War Concerns

Despite recent market volatility driven by trade war concerns, the stock market exhibits resilience, with analysts citing strong earnings growth, healthy economic data, and optimism about the future outlook.

Disney Q1 Earnings Beat Estimates, Streaming Segment Swings to Profit

Disney reports Q1 earnings beat, hitting profitability in streaming despite subscriber decline and hurricane impact.

Wall Street's Top Research Calls: AMD, Spotify Downgraded

Top analysts downgrade AMD and Spotify; Robinhood, CoStar, and Opera initiated

Tech Slumps on Concerns Over AI Investment Returns

Stocks dropped as underwhelming results from Alphabet Inc. and Advanced Micro Devices Inc. revived concerns about when the tech industry's AI spending will pay off.