A Volvo EX30 fully electric EV Car is displayed during the Everything Electric London 2024 at ExCel on March 28, 2024 in London, England. John Keeble | Getty Images News | Getty Images Swedish automaker Volvo Cars on Wednesday reported an uptick in first-quarter core operating profits driven by strong retail sales. First-quarter core operating…
A logo at the Roche Holding AG headquarters in Basel, Switzerland, on Thursday, Feb. 1, 2024. Bloomberg | Getty Images Swiss pharmaceutical company Roche on Wednesday reported a modest uptick in first-quarter sales, even as waning demand for its Covid-19 products continued to weigh on the company. Sales were up 2% at constant exchange rates,…
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Tesla vehicles sit on the lot at a Tesla dealership on April 15, 2024 in Austin, Texas. Brandon Bell | Getty Images Tesla is set to report first-quarter earnings after the bell on Tuesday. Here’s what analysts are expecting, according to LSEG: Earnings per share: 51 cents Revenue: $22.15 billion Wall Street is projecting that revenue will…
United Parcel Service’s (UPS) newly launched electric delivery truck is seen in Compton, California, U.S., September 13, 2023. Lisa Baertlein | Reuters United Parcel Service reported first-quarter profit above estimates on Tuesday as cost cuts partly offset subdued demand for small-package delivery, sending its shares up 3.5% premarket. The company cut 12,000 jobs in January…
Signage for Novartis AG at a building in the company’s headquarters campus in Basel, Switzerland, on Monday, Jan. 8, 2023. Bloomberg | Bloomberg | Getty Images Shares of Swiss drugmaker Novartis climbed as much as 4.8% in early deals on Tuesday, after the company raised its full-year guidance following better-than-expected first-quarter results. Stock pared gains…
A Renault Scenic electric vehicle (EV) at the Munich Motor Show (IAA) in Munich, Germany, on Tuesday, Sept. 5, 2023. Bloomberg | Getty Images French car maker Renault said on Tuesday its first-quarter revenue grew 1.8%, with good performance in its financing business offsetting a drop in turnover in core automotive sales. The group sold…
Verizon logo displayed on a laptop screen and a smartphone are seen in this illustration photo taken in Krakow, Poland on February 22, 2024. Jakub Porzycki | Nurphoto | Getty Images Verizon Communications said on Monday it lost fewer-than-expected wireless subscribers in the first quarter thanks to its flexible plans and streaming bundles offering discounted…
The facade of Norway’s central bank, also known as Norges Bank, in Oslo, Norway. Bloomberg | Bloomberg | Getty Images Norway’s giant sovereign wealth fund on Thursday reported first-quarter profit of 1.21 trillion kroner ($109.9 billion), supported by robust returns on its investments in technology stocks. “Our equity investments had a very strong return in…
Omar Marques/SOPA Images | LightRocket | Getty Images Finnish telecom gear maker Nokia reported on Thursday a smaller rise than expected in first-quarter comparable operating profit as sales tumbled when operators reduced spending on 5G technology. Operating profit excluding certain items of income and expenses grew to 597 million euros from a year-earlier 479 million,…
