Results
One car company sold 3X more than its rivals. Guess who?
Lumic
One car company sold 3X more than its rivals. Guess who?
Autocar·about 2 months ago
More in Results
Lumic
about 1 month ago
Results
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
CnbcTv18·
Lumic
about 1 month 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·