Tesla reports its highly anticipated second quarter earnings on Wednesday after the market closes. The report comes after the automaker’s second-quarter vehicle delivery numbers exceeded Wall Street expectations. Investors and analysts will be watching to see if Tesla can make a profit this quarter. Doing so will have met the …
Read More »Coronavirus pushes United Airlines (UAL) to a loss of $ 1.6 billion in the second quarter
A United Airlines Boeing 777-200 aircraft Nicolas Economou | NurPhoto | fake pictures United Airlines posted a net loss of $ 1.63 billion for the second quarter, driven by a drop in demand for air travel due to the coronavirus pandemic, the airline said Tuesday. Revenue fell more than 87% …
Read More »Tesla stocks have risen and report looms: here is the trade
We are witnessing the evolution of two industries in a veteran sector: Tesla (TSLA) – Get report It leads the electric vehicle trend as many traditional automaker stocks struggle. Despite the recent volatility in the group, Tesla, Nio (NIO) – Get report and Nikola (NKLA) – Get report It will …
Read More »Analyst says IBM stock earnings after earnings exceed, but “really important things” could be better
Shares of International Business Machines Corp. rose on Tuesday after the company beat expectations for the June quarter, but analysts did not give the company too much credit for clearing a low level. Mused Moffett, Nathanson analyst, Lisa Ellis: “We are still working to achieve the correct semantics: when companies …
Read More »Trade delay even in markets where coronavirus is under control
Coca-Cola CEO James Quincey said the company’s business will likely not fully recover from the coronavirus pandemic until a vaccine or other comprehensive solution is available. “Businesses are still struggling to recover to pre-Covid levels, even in places where there is no actual transmission of the virus and the vast …
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