Chinese EV brand Li Auto sees first-quarter deliveries surge by 66%
Chinese electric car brand Li Auto delivered more cars in March than Xpeng did in the first quarter, according to company releases.
Huawei reports biggest profit decline ever as U.S. sanctions, pandemic controls hit Chinese giant
Huawei has sought to diversify into new areas including cloud computing and automotive after a rough few years in which U.S. sanctions have hit the...
EVgo shares are surging after fourth-quarter results trounce Wall Street estimates
EVgo's revenue surged over 283% from a year ago as a new initiative to provide chargers for businesses boomed.
Satellite-imagery venture Planet reports record quarterly revenue to cap strong year
Planet on Wednesday delivered another record quarter of revenue, nearing the top end of its full-year revenue forecast.
Walgreens revenue rises despite sharp decline in demand for Covid tests, vaccines
Walgreens' quarterly results topped Wall Street's expectations, even as profit declined from a year earlier.
Lululemon shares jump as holiday-quarter sales surge
Lululemon's quarterly results beat Wall Street's expectations, sending shares higher.
Lidar maker Ouster dips as quarterly losses widen, but CEO sees savings in Velodyne merger
Ouster is on track to realize the benefits of its merger with Velodyne, completed in February. But its pre-merger Q4 results fell short of expectations.
Ford’s EV business lost $2 billion in 2022, offset by big profits in fleet and legacy units
The financials are the first detailed look at EV profitability as Ford unveils a new financial reporting structure.
Olive Garden parent raises revenue outlook as same-store sales jump
Darden's same-store sales grew 11.7% across all of its brands, which include chains like Olive Garden, LongHorn Steakhouse and The Capital Grille.