Today’s investor call was low on Muskian braggadocio, delivered a little hater schadenfreude, and offered some reasonable promises. https://media.wired.com/photos/5b61fd7ddcaf530b8e3ace65/master/pass/TeslaProduction-1008732794.jpg
Tag: profits
Battery industry will boom, but will profits?
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Why Facebook’s Troubles Haven’t Dented Its Profits
Facebook’s growth accelerated, despite concerns about the Cambridge Analytica scandal, the #deletefacebook movement, and potential advertiser defections. https://media.wired.com/photos/5ae0e3ebc302e41716cebb3a/master/pass/FB-Earnings-FeatureArt-944369808.jpg
Samsung Electronics projects record Q1 profits as analysts predict chip slowdown
SEOUL (Reuters) – Samsung Electronics tipped a surprise record first-quarter profit on Friday but market reaction was muted due to growing concerns that the semiconductor boom that has driven the South Korean tech giant’s earnings is about to end. Samsung shares fell after the announcement as analysts forecast similar or lower profit in the s…Read […]
Spotify touts growth over profits ahead of April 3 stock market listing
(Reuters) — Streaming music leader Spotify used its cultural cool factor to appeal to mom-and-pop investors in an unconventional presentation ahead of its April 3 stock market listing. Led by 35-year-old Chief Executive Daniel Ek, wearing jeans, white t-shirt and a dark blazer, executives said Spotify would prioritize growth over profits to f…Read More
Oil profits are fueling South Sudan’s civil war
Just two years after it gained independence from Sudan in 2011, oil-rich South Sudan plunged into a civil war that is still raging today—a civil war that is allegedly funded by oil revenues. Read more Impoverished South Sudan is rich in natural resources and oil revenue is the country’s main hard currency export income—it’s not […]
Pilot News: Vanessa Williams' Profits, Jeri Ryan Joins Suspicion and More
Vanessa Williams is back at her old Ugly Betty and Desperate Housewives network digs. The actress has joined the cast of the ABC drama pilot False Profits, which also stars Bellamy Young (Scandal) and Shelley Hennig (Teen Wolf). RELATEDPilot Season ’18: Scoop on This Fall’s (Possible) New Shows, Who’s In Them The project centers around a team of down-and-out women […]
Pilot News: The Flash Vet Joins God, Teen Wolf Star's False Profits and More
The Flash’s Violett Beane is taking on a new gig in the Berlanti-verse. The actress will star opposite The Mayor‘s Brandon Micheal Hall in the CBS dramedy pilot God Friended Me, from Flash producer Greg Berlanti, our sister site Deadline reports. RELATEDPilot Season ’18: Scoop on This Fall’s (Possible) New Shows, Who’s In Them Beane — who recurs […]
Lloyds Bank profits climbed 24% — but it is still feeling the pain from PPI claims
Thomson Reuters Lloyds Bank profits increased 24% in 2017, with the bank bringing in £5.3 billion profit before tax. The bank also started a £1 billion plan to buy back shares. “2017 has been a landmark year for the group,” said Lloyds chief executive Antonio Horta-Osorio. Lloyds Bank annual profits leapt by almost a quarter […]
Shell more than doubled its profits last year
Thomson Reuters Shell’s fourth-quarter profit hits $ 4.2 billion, ahead of forecasts. Net income attributable to shareholders up 140% to $ 1.7 billion. LONDON (Reuters) – Royal Dutch Shell’s profit more than doubled in the fourth quarter of 2017 to $ 4.3 billion (£3 billion), slightly ahead of forecasts, supported by higher oil and gas […]
