Page 13 - Visible Alpha News Today

Taiwan Semiconductor Manufacturing Company on Wednesday reported quarterly revenue above expectations as the Apple and Nvidia supplier has seen a surge in demand for its products amid the current artificial intelligence market boom.

Delta Air Lines reported record first-quarter revenue Wednesday, with adjusted income also coming in above analyst estimates, as the carrier projected that strong travel demand will continue through the second quarter.

When the EV pioneer and U.S. market leader, Tesla (NASDAQ: TSLA) reported its  quarterly decline in deliveries since 2020, hell of concerns broke lose. If Tesla came short of expectations, what can be expected of others and especially, startups who are already operating on thin ice.

When the EV pioneer and U.S. market leader, Tesla (NASDAQ: TSLA) reported its quarterly decline in deliveries since 2020, hell of concerns broke lose. If Tesla came short of expectations, what can be expected of others and especially, startups who are already operating on thin ice. But then, Rivian Automotive Inc (NASDA: RIVN) topped estimates for quarterly deliveries last week. This week, so did Lucid Group (NASDAQ: LCID). Lucid had a better-than-expected first quarter, setting a delivery recor

Lucid's deliveries remained resilient after the electric vehicle startup cut prices of its flagship Air sedans by 1% to 10% in February. However, demand for EVs overall has been slowing in the U.S. owing to high interest rates and relatively elevated ownership costs, compelling buyers to turn towards more affordable hybrid alternatives. EV giant Tesla reported a quarterly decline in deliveries for the first time in nearly four years earlier this month and missed Wall Street estimates.

If we’ve learned anything in the last year, it’s to not underestimate the impact technology has on our future societies, or our portfolios.

RIVN stock has received several price target changes after the electric vehicle company reported its first-quarter production and deliveries.

Rivian will report its Q1 earnings on May 7 Shares of Rivian (NASDAQ:RIVN) stock are falling by over 5% today after the pure-play electric vehicle (EV)…

Electric vehicle (EV) manufacturers Rivian and Tesla both failed to meet production estimates from analysts as the industry struggles with slowing demand.

Carnival Corp. shares turned higher in intraday trading Wednesday after the cruise line reported a smaller-than-expected quarterly net loss.