Results
Honda Reports First Annual Loss in Decades Due to Electric Car Costs
This 'Results' category news highlights a significant financial event for Honda, reporting its first annual loss in nearly 70 years. The primary driver behind this historic downturn is the substantial investment in electric vehicle (EV) technology and production. Honda has reportedly spent over $9 billion on these EV initiatives, leading to a reassessment of their future EV sales plans. While this marks a challenging period for the Japanese automaker, their stock saw a slight uptick, attributed to their commitment to shareholder dividends and the enduring strength of their core automotive business. This development is particularly relevant to the evolving Indian auto market, where the transition to EVs is a major focus for all players.
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Results
Bajaj Auto Sales Surge 28% as Exports Jump 51% in August 2026
- Bajaj Auto's August sales rose 28% to 5.36 lakh units, driven by a sharp 51% exports jump
- Exports surged 51% to 2.80 lakh units, outpacing Bajaj Auto's 10% domestic sales growth
- Two-wheeler sales climbed 30%, with exports rising 53% and driving the strongest growth
Industrials
Nvidia Q2 Sales Hit $96.2 Billion as AI Demand Keeps Surging
- Nvidia’s $96.2 billion Q2 revenue beat estimates, but investors still wanted more
- Data- Center revenue jumped 117%, yet investors still want even faster AI growth
- Q3 guidance beat estimates, but high expectations leave little room for surprise