
Ford Shares Drop 1% despite Q2 2023 Earnings Beating Analysts Expectations and Raising FY Guidance
Ford lifted its guidance range for full-year 2023 consolidated adjusted EBIT to between $11 billion and $12 billion.
Ford lifted its guidance range for full-year 2023 consolidated adjusted EBIT to between $11 billion and $12 billion.
Roku reported a strong Q2 2023 beating analysts estimates on multiple fronts, also adding more active users and streaming hours.
Finance chief David Zinsner attributed the better-than-expected Q2 2023 earnings to some internal developments at Intel.
To counter the margin pressure, Barclays announced plans for a share buyback of up to £750 million.
O’Leary says the Fed could still increase rates to 6.25% or 6.5%, resulting in bank failures in regional institutions.
Notably, the update currently applies to Android users while the Twitter bird logo remains on the App Store.
Although Waymo scales down its autonomous truck technology, it would continue partnership with Daimler Truck North America (DTNA) to develop an autonomous truck platform further.
Shell is struggling with a continuous fall in profits as Q2 2023 figures show significant reductions compared with last quarter and Q2 2022.
AWS HealthScribe is designed to generate clinical notes for two medical specialists- general medicine and orthopedics.
Volkswagen and XPeng are jointly working on two mid-size battery-electric models that incorporate advanced driver-assist software developed by XPeng. The vehicles will be branded as Volkswagens and launched in China in 2026.
Looking ahead to the second half of 2023, Samsung expects the overall smartphone market to return to year-on-year growth, particularly in the premium segment.
In addition to the product manager role, Netflix wants to hire a Technical Director for generative AI at its gaming studio.
According to Meta, operating losses from the Reality Labs unit will “increase meaningfully year-over-year due to ongoing product development efforts in augmented reality/virtual reality and investments to further scale the ecosystem.”
Meta CEO Mark Zuckerberg highlighted that the company’s app continued to record strong engagement and currently has an exciting product in the pipeline.
The recent Fed increase in interest rates has put the midpoint of the target range at the highest level in over two decades.