Intel shares fell as much as 9% on Thursday after the company reported better-than-expected second-quarter earnings and said next-generation chips would come out later than expected. This is how the company did it: Profits: Adjusted $ 1.23 per share, versus $ 1.11 per share as expected by analysts, according to …
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An aerial view of the Tesla Fremont Factory on May 13, 2020 in Fremont, California. Justin Sullivan | fake pictures During a second-quarter earnings call on Wednesday, Tesla CEO Elon Musk and CFO Zachary Kirkhorn told investors they reached a significant milestone: four consecutive quarters of GAAP profitability. The electric …
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Reuters Former Wirecard chief executive Markus Braun was arrested again in Munich as German prosecutors dug deeper into allegations of fraud at the fintech firm. Two other executives, revealed by the Financial Times as former Wirecard chief financial officer Burkhard Ley, and Stephan von Erffa, a former chief accounting officer, …
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Text size Courtesy of Nikola. Nikola has begun construction of a manufacturing plant in Arizona, an important step in commissioning as it seeks to disrupt the heavy truck market. Trevor Milton, founder of Nikola, pursues that goal with two main products: battery-powered or hydrogen fuel cell trucks, . Both will …
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Shares of Microsoft Corp. retreated from record levels on Thursday when an analyst downgraded the shares despite Wall Street’s general agreement that the software giant was well diversified to handle the challenges posed by COVID-19. Microsoft MSFT, -4.12% Shares fell to an intraday low of $ 204.42 and last lost …
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