Registrations of Tesla vehicles in California dropped 10% in the last quarter of 2023, the first fall in more than three years in the state, which is one of the most important markets for the electric carmaker and considered a national trend setter. A total of 47,592 Tesla vehicles were registered in California in the fourth quarter, compared with 52,782 a year earlier, according to data from California New Car Dealers Association. The last time Tesla posted a year-on-year registration fall in California was the third quarter of 2020 during the COVID-19 pandemic...
Continue ReadingGoogle’s corporate parent returned to double-digit revenue growth during last year’s final quarter, signaling the internet powerhouse has regained its footing even as it grapples with regulatory and competitive threats to its digital empire. The results announced Tuesday by Alphabet Inc. marked the third consecutive quarter of escalating revenue growth for the Mountain View, California, company, with most of the sales coming through Google’s dominance of search and online advertising. The rebound followed an unprecedented drop in Google’s ad revenue coming out of the pandemic following nearly 20 years of uninterrupted growth...
Continue ReadingToday's Research Daily features new research reports on 16 major stocks, including Apple Inc. (AAPL), Visa Inc. (V) and Novo Nordisk A/S (NVO)...
Continue ReadingGoogle parent Alphabet (GOOGL, GOOG) posted better-than-expected fourth quarter results after the market close on Tuesday. The tech giant reported earnings of $1.64 per share, topping the $1.59 estimate. Ex-TAC revenue of $72.32 billion was better than the Bloomberg consensus expectation of $70.97 billion. Ad revenue, however, fell just short, $65.52 billion versus an estimated $65.8 billion. 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 Stephanie Mikulich...
Continue ReadingElectric vehicle (EV) manufacturer Tesla Inc. (NASDAQ:TSLA) will halt production at its Berlin plant from Jan. 29 to Feb. 11, 2024, according to Reuters. Tesla relies heavily on batteries shipped from China. And, the supply chain issue caused by attacks on the Red Sea shipping route is the primary cause for this interruption. Over the long term, the proposed India-Middle East-Europe Economic Corridor (IMEC) transit route, which connects India's western coast to Israel via the Arabian Gulf countr...
Continue ReadingMicrosoft stock, along with Alphabet and Snowflake, are being bought by funds in today's stock market. Alphabet and Microsoft earnings are due late...
Continue ReadingThink you know Cathie Wood's top investment pick? Beyond Tesla and Nvidia, another tech pioneer holds the top spot in 2024...
Continue ReadingWhite House National Economic Adviser Lael Brainard and Acting Secretary of Labor Julie Su write about the Biden administration's approach to AI and how it must do "right by workers."...
Continue ReadingThe following slide deck was published by Microsoft Corporation in conjunction with their 2024 Q2 earnings call...
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