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A couple of blocks from the San Francisco-Oakland Bay Bridge, Electrify America is about to open an indoor charging station that lets drivers relax in a lounge while their electric vehicle batteries are being filled up. The 20-plug direct-current fast-charging station, which opens for business Friday near downtown San Francisco, is part of a trend toward more appealing neighborhood stations, designed to serve EV owners who can't charge at their homes, as well as travelers or commuters who are low on juice. It's also designed to allay fears among potential EV buyers that charging stations are too scarce or that they will have no safe place to wait as their vehicles charge, spending far longer than it takes for a gasoline fill-up...
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Today's Research Daily features new research reports on 16 major stocks, including Tesla, Inc. (TSLA), Broadcom Inc. (AVGO) and McDonald's Corp. (MCD)...
Continue ReadingPayPal Holdings earnings and revenue beat analyst estimates, but the company gave full-year 2024 guidance that came in well below what Wall Street was expecting. After Wednesday’s close, PayPal Holdings said it earned $1.29 per share in the fourth quarter, based on generally accepted accounting principles, compared with $0.81 in the fourth quarter of 2022 and the $1.18 expected by analysts tracked by FactSet. The earnings included a 25-cent benefit from selling its Happy Returns business to UPS...
Continue ReadingTesla (TSLA) is reportedly considering job cuts after managers were tasked with evaluating which of their employees' roles were "critical," according to Bloomberg. Leaked internal emails hint at potential layoffs as the EV maker could follow the wave of tech companies, among other industries, reducing headcount. Yahoo Finance Senior Autos Reporter Pras Subramanian breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith...
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PayPal earnings and revenue beat analyst estimates, but the company gave full-year 2024 guidance that came in well below what Wall Street was expecting. After Wednesday’s close, PayPal Holdings said it earned $1.29 per share in the fourth quarter, based on generally accepted accounting principles, compared with $0.81 in the fourth quarter of 2022 and the $1.18 expected by analysts tracked by FactSet. The earnings included a 25-cent benefit from selling its Happy Returns business to UPS...
Continue ReadingPayPal beat Wall Street estimates for fourth-quarter profit on Wednesday as more Americans used its payments platform for shopping during the holiday season. This was also the company's first full quarterly results under the stewardship of CEO Alex Chriss, who is expected to announce plans on strategic initiatives later in the day. "We're driving significant transformation across our company and are committed to making the necessary changes to our business to drive profitable growth in the years ahead," Chriss said in a statement...
Continue ReadingGoogle has strong historical revenue growth and is expected to have higher revenue growth than its competitors in the future. Read why GOOGL stock is a Buy...
Continue ReadingAccording to a new report from The Information, Apple (AAPL) has two new active prototypes of foldable phones in the works. Whether or not those prototypes will ever make it to market, however, is up for debate. Yahoo Finance Tech Editor Dan Howley breaks down the latest development for Apple and what it could mean for the company moving forward. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino...
Continue ReadingCheck out how Criteo crushed Q4 expectations and set the stage for an exciting 2024...
Continue ReadingA driverless Waymo car collided with a cyclist in San Francisco on Tuesday causing minor injuries and the incident is being reviewed by the state's auto regulator. Waymo, Alphabet's autonomous driving unit, said by email on Tuesday it called the police to the scene and that it was also contacting relevant authorities about the incident. The California Department of Motor Vehicles (DMV) is reviewing the incident and has no further comment at this time, it told Reuters by email on Wednesday...
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