Tag TSLA

Oracle’s cloud revenue slows, Disney and Charter end standoff ahead of Monday Night Football, and other news to start your day...

In an effort to stimulate purchases and keep demand afloat amid rising interest rates, Tesla (NASDAQ: TSLA) has implemented a series of price cuts across some of its most popular vehicles. Ranging from 15% to 18%, these lowered prices now appear on Tesla's bottom line as margins narrow. As evidenced in the automaker's most recent Q2 earnings report, gross profit margins are down from their peak in Q1 2022 and currently hover around 18%...

U.S. stock index futures dipped on Tuesday, after starting the week on a strong footing, on caution ahead of a crucial inflation reading that could offer clues on when the Federal Reserve is set to wind down its interest-rate hikes. The tech-heavy Nasdaq led the advance among Wall Street's major indexes on Monday, boosted by a jump in Tesla shares on optimism around artificial intelligence following a Morgan Stanley rating upgrade. Focus now shifts to August consumer prices on Wednesday and producer prices on Thursday, followed by the Fed's policy decision on Sept. 20...

Oracle's revenue outlook disappoints, Apple kicks off its annual fall launch event, Tesla falls a day after surging 10%, and WestRock signs an agreement to merge with Dublin-based Smurfit Kappa.Read the .....

Grupo Aeroportuario del Centro is a Mexican airport stock that is well-positioned to benefit from the nearshoring trend. Learn why I rate OMAB a buy...

When it comes to luxury electric vehicles, Tesla has a strong lineup of cars and SUVs to stay ahead of the competition for high-end vehicles. The Tesla Model S price was lowered recently to $74,990, while the Model S Plaid decreased to $89,990. Only weeks ago, the Model S was priced at $88,490 and the Model S Plaid was $108,490...

(Bloomberg) -- South Korean battery maker LG Energy Solution Ltd. is considering an expansion of its production in the US in a bid to triple sales from energy storage systems, according to a senior executive.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech Giants Power Stock Gains as Tesla Jumps 10%: Markets Wrap...