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Lucid revealed Bell's departure alongside its earnings report for the first quarter of 2024, where the company incurred a loss of $680 million while delivering 1,967 units of its luxury electric sedan. Read more.
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Analysts on average see iPhone sales, which account for about half of Apple's revenue, falling 10.4% in the first three months of 2024, according to LSEG. That drop would be the steepest in more than three years.
During the quarter, Adani Wilmar’s consolidated revenue from operations declined due to the softening edible oil prices. At Rs 13,238 crore, its operating revenue was 4.6% lower than Rs 13,873 crore, reported in the year-ago period.
Chang cautioned that the rapid growth is fueled partially by "extremely predatory" business tactics, which he describes as "trade violations" that could oversaturate the market and potentially impact manufacturing jobs in Western countries. Read more.