The company is investing in robots and self-driving taxis that are not yet generating significant sales.
Category: Company Reports
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Tesla Profit Rises but Remains Below Earlier Highs
The New York Times – Business: -
A.I. Is Eliminating Jobs on Wall Street
The New York Times – Business:“A.I. gives us places to go we haven’t gone,” said one bank’s chief executive.
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UnitedHealth Group Reports Flat First-Quarter Earnings
The New York Times – Business:One of the nation’s largest insurers, the company’s profits were higher than analysts’ expectations but still fell short of showing a significant comeback.
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Corporate Profits Are at Record Highs. These 4 Factors Could Sink Them.
The New York Times – Business:Experts have different theories about what’s driving steep gains. But many agree the window for growth is shrinking.
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Despite Iran War’s Effects, PepsiCo Says Consumers Still Spending on Snacks
The New York Times – Business:Executives at the food and drink giant announced a rise in sales of drinks and snacks but warned that “inflation will come.”
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Amid Iran War, Companies Look to Extend a Record Profit Run by Raising Prices
The New York Times – Business:Higher inflation is leading companies to raise prices without sacrificing margins.
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J.P. Morgan Sees Resiliency in U.S. Economy Despite Iran War
The New York Times – Business:The nation’s largest bank said it earned record trading profits in the first quarter but tempered expectations overall for its business.
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Goldman Sachs Earnings Show Effects of Iran War
The New York Times – Business:It will be a tricky earnings season, as the investment banking giant became the first to show on Monday.
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Peloton’s Latest Leader Thinks He Can Coach It Back to Health
The New York Times – Business:The fitness company has fallen to a small fraction of its value at its pandemic peak, but Peter Stern says Peloton is headed in the right direction.
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Delta Expects Strong Profit Despite Higher Fuel Costs
The New York Times – Business:The airline said demand for tickets remained very strong despite the effects of the war in Iran.
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For Western Oil Companies, War in Iran Means Bigger Profits, and Risks
The New York Times – Business:American and European oil and gas companies are expected to earn a lot more as prices surge but are worried about the future.
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Boeing Says Wiring Issue Will Delay Some 737 Max Deliveries
The New York Times – Business:The aerospace company said the delay would not prevent it from meeting its 2026 sales goal of about 500 Max jets.