Pre-owned vehicles retailer CarMax missed analysts' estimates for fourth-quarter results and delayed a long-term financial target on Thursday, sending its shares down as much as 13% in premarket trading. The company said it expects to sell over 2 million combined retail and wholesale units annually between 2026 and 2030, compared to its previous target of achieving that goal by 2026. "We believe vehicle affordability challenges continued to impact our fourth quarter unit sales performance, with...
The streaming giant said it added 9.3 million subscribers in the first three months of the year.
On Monday, Craig-Hallum maintained a positive outlook on Credo Technology
The latest figures show many patients face long waits, but the PM insists headway is being made.
Tesla reported a big drop in quarterly profits Tuesday amid an increasingly cutthroat electric vehicle market, but shares rallied as CEO Elon Musk pledged to accelerate plans for a more affordable EV.Tesla reported profits of $1.1 billion, down 55 percent from the year-ago quarter on revenues of $21.3 billion, down nine percent as the company described EV sales as "under pressure."But shares rocketed up more than 11 percent in after-hours trading after Tesla pledged to "accelerate" new more...
Tesla reported a big drop in quarterly profits Tuesday, pointing to elevated pressure on the electric vehicle market that has led to deep cost-cutting. But shares of Elon Musk's EV company rallied after Tesla signaled pledged to "accelerate" new more affordable autos -- something Wall Street analysts have been clamoring
Shares of the Tata Elxsi Ltd. traded at Rs 7817.65 on BSE at 12:12PM (IST) on Friday, down 0.5 per cent from previous close. The scrip quoted a 52-week low price of Rs 6186.0 and a high of Rs 9191.1. Earlier, the stock saw a gap down opening in the morning. A total of 5,389 lakh shares changed hands on the counter till 12:12PM (IST). The stock of Tata Elxsi Ltd. commands a market value of Rs 48645.68 crore. The stock traded at a price-to-earning (P/E) multiple of 61.03, while the...
Shares of French luxury group Kering sank more than 9% Wednesday after the company warned it expects a sharp downturn in first-half profits as demand for its Gucci brand continues to wane.
Shares of Travelers Companies Inc. took a hit Wednesday, after the property casualty insurer missed expectations for first-quarter profit, combined ratio,
Flannery dished on this important next chapter in her life and career, and the personal triumph she felt by doing 'TMS,' as well as teaming up with Jane Lynch for the Alzheimer's Association Southern California “Magic of Music Gala."
Netflix's victory lap as the leader in streaming continued Thursday, as the company said it increased its subscriber base by 9.3 million to nearly 270 million in the first quarter. Revenue was up 15% to $9.37 billion in the first quarter, the Los Gatos, Calif., streamer reported. Net income was $2.3 billion, compared with $1.3 billion in the same period in 2023. The company beat Wall Street's estimates on revenue, subscriber additions and net income. Analysts on average had projected that...
Shares of Tata Steel have recovered 55% from their 52-week low touched in May last year. Tata Steel stock closed 1.38% lower at Rs 161.25 on Monday compared to the 52-week low of Rs 104.10 reached on May 19, 2023. In today’s session, the Tata Group stock managed to hold the Rs 160 mark for the tenth straight session even as the stock market saw a huge sell-off amid rising Iran-Israel tensions.Related ArticlesTata Steel shares touch all-time high on record Q4, annual output Nifty stocks: HDFC...