Tag Archives: losing

Tesla (TSLA) bulls shouldn’t get too comfy with the company’s market dominance continuing unabated, warns Guggenheim analyst Ali Faghri.  “Our balanced view [on Tesla] is based on: 1) a favorable near-term setup — with demand outpacing supply, we see visibility to volume upside in 2022 and 2023 as new factories in Austin and Berlin ramp; 2) competitive advantage over all original equipment manufacturers today, including a high degree of vertical integration, a software defined vehicle… Source link

Stocks rose on Monday, with the major equity averages looking to recover some losses after five straight sessions of declines. The Dow added more than 200 points, or 0.6%, shortly after the opening bell. Shares of Apple (AAPL) led the way higher as the stock shook off losses from Friday, which came after a California judge issued a permanent injunction against the iPhone-maker’s App Store policies amid an antitrust lawsuit with Epic Games. Investors also awaited a highly anticipated Apple… Source link

Futures dipped in Wednesday’s after-hours session, pointing to a lower open on Wall Street, with investors struggling to reconcile a still hot jobs market with an economy that’s seen its momentum dented by soaring COVID-19 infections.  On Wednesday, the Dow Jones Industrial Average and S&P 500 Index posted their 3rd consecutive day of losses, and the technology-laced Nasdaq fell for the first time since last week. The market has mostly taken disappointing news in stride, but August’s jobs… Source link

Yahoo Sports will keep you updated nightly on the NBA playoff race during the last two weeks of the regular season. Check back daily for the latest movement in the standings, what to watch for and teams securing their 2020-21 playoff berths. Saturday’s standings Eastern Conference 1. Philadelphia 76ers (47-21) 2. Brooklyn Nets (44-24, 3 GB) 3. Milwaukee Bucks (43-24, 3.5 GB) 4. New York Knicks (37-30, 9.5 GB) 5. Atlanta Hawks (37-31, 10 GB) 6. Miami Heat (36-31, 10.5 GB) Play-in tournament 7. Boston… Source link

(Bloomberg) — Tesla Inc. is about to lose one source of the regulatory-credit revenue that’s been crucial to its almost two-year run of consecutive quarterly profits. Stellantis NV, the automaker formed through the merger of PSA Group and Fiat Chrysler, announced Wednesday it is exiting a European emissions-credit agreement with Tesla. Complying with standards on its own will save the company about 300 million euros ($360 million), roughly two-thirds of which would have gone to Tesla, Chief… Source link

Google and Oracle faced off at the U.S. Supreme Court on April 7 in a multibillion-dollar copyright dispute. Photographer: Stefani Reynolds/Bloomberg Photographer: Stefani Reynolds/Bloomberg The U.S. Supreme Court dealt Oracle Corp. a brutal defeat on April 5, ruling that Google hadn’t violated Oracle’s copyright when it used its Java programming language to… Source link

Google Cloud posted an operating loss of $1.2 billion in the final quarter of 2020, 4% worse than a year earlier, the tech giant reported Tuesday. The unit lost $5.6 billion for the full year, an increase of nearly 21%. The company’s overall business is doing just fine, however, with a net profit of $15.2 billion — up 43% from the same period last year — on revenues of nearly $57 billion, up 23% and higher than analyst estimates. Google (GOOGL) stock jumped more than 6% in after-hours… Source link

Sabrina Ionescu pledged to live out Kobe Bryant’s legacy and found inspiration in the lives of his daughter, Gianna, and her teammates, Alyssa Altobelli and Payton Chester. One year after their deaths, she reflected on the loss and how she honors their legacies. Ionescu honors legacies of Kobe, Gigi Ionescu, 23, counted Bryant as a mentor and close friend. While working out with Bryant in Los Angeles ahead of her senior season at Oregon she twice helped coach the Mamba Ballers, the team… Source link

Brooklyn Nets guard Kyrie Irving isn’t concerned about the team’s two-game losing streak. Irving attempted to calm down panicked Nets fans Saturday morning, letting them know the team “will be on that stage” at the end of the season. Irving posted a note on Instagram reassuring fans that the season is not lost after just two games. Irving’s full comment read: “We will be on that stage. The stage where the “best of the best” meet … you know, the main stage. Where those who can… Source link

The Kansas City Chiefs won on Sunday and advanced to their third straight AFC championship game. And nobody was talking about that after the game. Patrick Mahomes, considered by many to be the NFL’s best player, suffered an injury in Sunday’s AFC divisional-round playoff game against the Cleveland Browns. He was hit on a called run play and was unsteady as he got up. The Chiefs said he was being evaluated for a concussion and ruled him out shortly after. Kansas City survived, barely,… Source link