Results
India’s largest private bank HDFC Bank is about to report, will it deliver steady growth—or show pressure on margins?
Lumic
India’s largest private bank HDFC Bank is about to report, will it deliver steady growth—or show pressure on margins?
Lumic research·about 2 months ago
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22 days ago
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Honda Reports First Annual Loss in Decades Due to Electric Car Costs
- Honda reported losing money for the first time in nearly 70 years because of high expenses related to its electric car b
- The company spent over $9 billion on electric car changes and stopped its earlier plans for future electric car sales.
- Despite the loss, Honda's stock went up slightly after it promised to keep paying dividends and rely on its strong motor
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Lumic
29 days ago
Results
Meta Sees Big Earnings, Plans Massive Spending for AI
- Meta's sales grew by 33% this quarter, hitting $56.3 billion, its biggest jump in five years.
- Its profit reached $26.8 billion, partly due to a one-time tax benefit of $8 billion.
- Meta now projects to spend up to $145 billion this year on building advanced AI infrastructure.
Wall street Journal·