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Choo Chiang Holdings Ltd. (42E.SI)

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Tesla stock surges as EV maker will 'accelerate' the launch of cheaper cars

Tesla said it would "accelerate" the launch of new models next year, including lower-cost cars, countering reports earlier this month it had scraped those plans.

Yahoo Finance 4 hours ago

TSLA
Texas Instrument stock rises on Q1 revenue beat, outlook

Texas Instruments (TXN) reported first-quarter revenue that topped estimates and providing an upbeat outlook for the upcoming quarter. The semiconductor giant reported revenue of $3.66 billion, exceeding expectations of $3.6 billion. Furthermore, the company's forward guidance has surpassed expectations, forecasting revenue of up to $3.9 billion, where analysts were expecting $3.78 billion. Yahoo Finance's Julie Hyman and Jared Blikre break down the report. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith

Yahoo Finance Video 5 hours ago

TXN
GE Aerospace stock flies high on Q1 beat, 2024 outlook

GE Aerospace (GE) shares are trading higher in Tuesday's afternoon session after the company surpassed analyst estimates on both revenue and earnings in its first quarterly report since becoming a standalone entity following General Electric's split into three separate companies. The company's better-than-expected performance, coupled with an upward revision of its 2024 profit guidance, has boosted investor confidence in the stock. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith

Yahoo Finance Video 5 hours ago

GE

GEV
Boeing's problems are good for GE Aerospace: Analyst explains

GE Aerospace (GE) has reported its first quarterly results since becoming an independent company after its spin-off from General Electric. The aerospace developer raised its 2024 profit forecast, buoyed by strong sales for jet engine parts and services. GE Aerospace shares are boosted in Tuesday's trading session after topping first-quarter earnings and revenue estimates. Argus Research President John Eade joins the Morning Brief to provide insights into GE Aerospace's performance. Eade describes the current period as "a good time right now for GE Aerospace" citing multiple tailwinds in the aviation industry — namely Boeing's (BA) production backlog and assembly concerns — coupled with the company's outstanding quarterly report, painting "a great story" for its future. Eade highlights that the separation into an independent entity allowed investors to "capture value" that was previously missing under GE's original broad business model. Shifting his focus to Lockheed Martin (LMT), Eade mentions that the aerospace manufacturer and defense contractor lacks "commercial exposure" and cannot grow as rapidly as GE Aerospace "despite the good news out of Washington" surrounding potential foreign aid packages to Israel and Ukraine. Eade ultimately recommends Lockheed Martin to investors looking for value. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

Yahoo Finance Video 11 hours ago

LMT

GE

BA
JetBlue stock tumbles on full-year guidance cut, Q1 results

Shares of JetBlue Airways (JBLU) plunge ahead of Tuesday's market open, despite the airline reporting better-than-expected first-quarter earnings results. While JetBlue narrowly surpassed revenue estimates — posting $2.21 billion compared to analyst expectations of $2.2 billion — and reported better-than-anticipated adjusted losses per share, the company slashed its full-year revenue outlook. JetBlue forecasts elevated capacities in its Latin American region will put pressure on revenue growth going forward. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

Yahoo Finance Video 12 hours ago

JBLU
GM CFO on electric vehicle demand: It will be choppy

GM CFO says the demand for EVs in America will be up and down.

Yahoo Finance 13 hours ago

TSLA

F

GM
Dow Jones Futures Rise After Market Rallies Again; Tesla Soars As Elon Musk Touts 'Affordable' EV, Robotaxi

The rally attempt is gaining steam. Tesla soared as Elon Musk said "affordable" EVs will come in 2025 and touted robotaxis.

Investor's Business Daily 14 minutes ago

TSLA

^GSPC

^DJI
Q1 2024 LKQ Corp Earnings Call

Q1 2024 LKQ Corp Earnings Call

Thomson Reuters StreetEvents 22 minutes ago

LKQ
Q1 2024 General Electric Co Earnings Call

Q1 2024 General Electric Co Earnings Call

Thomson Reuters StreetEvents 52 minutes ago

GE
Q1 2024 Spotify Technology SA Earnings Call

Q1 2024 Spotify Technology SA Earnings Call

Thomson Reuters StreetEvents 53 minutes ago

SPOT
Asian Stocks Track US Tech Gains, Eyes on Weak Yen: Markets Wrap

(Bloomberg) -- Stocks in Asia advanced after a US rally in tech heavyweights, whose high-stakes earnings are considered by Wall Street investors a major test of the equities bull run.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenTech Giants Roar as Tesla Spikes in Late Hours: Markets WrapBiden’s New Chopper Is Demoted After Scorching White House LawnTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsRay Dalio’s Famous Trade Is Sputtering, Investors

Bloomberg 1 hour ago

TSLA
Tesla (TSLA) Q1 2024 Earnings Call Transcript

TSLA earnings call for the period ending March 31, 2024.

Motley Fool 1 hour ago

TSLA
Visa (V) Q2 2024 Earnings Call Transcript

V earnings call for the period ending March 31, 2024.

Motley Fool 1 hour ago

V
Tesla's shift on low-cost cars throws Mexico, India factory plans into limbo

SAN FRANCISCO (Reuters) -Tesla said on Tuesday that it will use its existing factories to build new and more affordable vehicles as early as late this year, leaving investments in new factories in Mexico and India unlikely in the near term. The world's top EV maker said it plans to raise production by 50% from 2023 to its current capacity of close to 3 million vehicles before investing in new manufacturing lines. "This update may result in achieving less cost reduction than previously expected but enables us to prudently grow our vehicle volumes in a more capex efficient manner during uncertain times," the company said.

Reuters 1 hour ago

TSLA
Tesla Speeds Plan for Cheaper Cars, Calming Fears Over Strategy

(Bloomberg) -- Tesla Inc. is accelerating the launch of less-expensive cars in a bid to revive sagging demand following another disappointing quarter.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenTech Giants Roar as Tesla Spikes in Late Hours: Markets WrapBiden’s New Chopper Is Demoted After Scorching White House LawnTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsRay Dalio’s Famous Trade Is Sputtering, Investors BailingThe electric-vehicle make

Bloomberg 2 hours ago

TSLA
LG Energy Solution to license out battery patents to block tech infringement, exec says

LG Energy Solution said on Wednesday it would launch a new business model of licensing out its battery technologies next month, as infringements of the South Korean company's patents surge with competition to supply electric vehicle makers. LGES, the world's second-largest EV battery producer after China's CATL, will also consider issuing warning notices or suing those it suspects are infringing its patents, Lee Han Sun, head of LGES' intellectual property center, said in an interview. "Over the past two or three years, myriads of latecomers have sprung up in the EV battery sector globally, resulting in the spread of a price war and patent infringements," Lee said.

Reuters 2 hours ago

TSLA
Three top executives at Tesla have resigned in two weeks, with the latest departure at the end of its earnings call

Tesla’s vice president of investor relations announced he would leave after seven years.

Fortune 2 hours ago

TSLA
Tesla Accelerates Rollout of More-Affordable EVs as Profit Drops Sharply

The company’s shares rose in after-hours trading following news that the EV maker is looking to bring new models to market sooner than previously planned.

The Wall Street Journal 2 hours ago

TSLA
Tesla’s Earnings: Elon Musk’s Future and Other Takeaways

Tesla spent much of its earnings call Tuesday shifting attention away from its rough first-quarter results by highlighting the carmaker’s efforts in other technologies—particularly self-driving cars. **Coming Soon: A Lower-Priced Car** Musk said Tesla was accelerating the launch of new models, including vehicles that would sell at more affordable prices. The company declined to share details about the new models Tesla has in the works, including how much they would differ from existing offerings.

The Wall Street Journal 2 hours ago

TSLA
Tesla could start selling Optimus robots by the end of next year, Musk says

Tesla's humanoid robot is still in the lab, but it may be ready to sell as soon as the end of next year, chief executive Elon Musk said on Tuesday. Several companies have been betting on humanoid robots to meet potential labor shortages and perform repetitive tasks that could be dangerous or tedious in industries such as logistics, warehousing, retail and manufacturing. Musk told investors on a conference call that he guessed the Tesla robot, called Optimus, would be able to perform tasks in the factory by the end of this year.

Reuters 2 hours ago

TSLA

Performance Overview

Return	42E.SI	STI Index
YTD	-3.95%	+1.68%
1-Year	+16.68%	-0.81%
3-Year	+84.70%	+3.16%

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Related News

Tesla stock surges as EV maker will 'accelerate' the launch of cheaper cars

Texas Instrument stock rises on Q1 revenue beat, outlook

GE Aerospace stock flies high on Q1 beat, 2024 outlook

Boeing's problems are good for GE Aerospace: Analyst explains

JetBlue stock tumbles on full-year guidance cut, Q1 results

GM CFO on electric vehicle demand: It will be choppy

Dow Jones Futures Rise After Market Rallies Again; Tesla Soars As Elon Musk Touts 'Affordable' EV, Robotaxi

Q1 2024 LKQ Corp Earnings Call

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Tesla (TSLA) Q1 2024 Earnings Call Transcript

Visa (V) Q2 2024 Earnings Call Transcript

Tesla's shift on low-cost cars throws Mexico, India factory plans into limbo

Tesla Speeds Plan for Cheaper Cars, Calming Fears Over Strategy

LG Energy Solution to license out battery patents to block tech infringement, exec says

Three top executives at Tesla have resigned in two weeks, with the latest departure at the end of its earnings call

Tesla Accelerates Rollout of More-Affordable EVs as Profit Drops Sharply

Tesla’s Earnings: Elon Musk’s Future and Other Takeaways

Tesla could start selling Optimus robots by the end of next year, Musk says

Performance Overview