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Transportation

Fisker (FSR) Reports Q2 2023 Earnings

by Adesola Mojo
Fisker (FSR) Reports Q2 2023 Earnings

Fisker began deliveries of its battery-electric Ocean SUV in the second quarter of 2023. Courtesy: Fisker Electric vehicle startup Fisker on Friday reported a second-quarter loss that was narrower than …

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Categories Automobile

A.P. Moller – Maersk Q2 2023: Exceeds Expectations with 72% Profits Drop

by Adrian Jhonsan
A.P. Moller – Maersk Q2 2023: Exceeds Expectations with 72% Profits Drop

A crane loads a shipping container branded A.P. Moller-Maersk onto a freight ship. Balint Porneczi | Bloomberg | Getty Images Danish shipping giant Maersk on Friday reported a sharp fall …

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Categories World

Approval to Issue New Stock Proposed by Nikola Shareholders

by Craig Fedirighi
Approval to Issue New Stock Proposed by Nikola Shareholders

Nikola Tre BEV Courtesy: Nikola Electric truck maker Nikola won shareholder approval to issue new stock, the company said late on Thursday. The vote paves the way for Nikola to raise …

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Categories Business

International travel soars as domestic airfares and hotel rates fall behind

by Monica Lozano
International travel soars as domestic airfares and hotel rates fall behind

Women holding ice cream pose for a photo at Trevi fountain in Rome, Italy during a heat wave in Europe on July 19, 2022. The competition for travel dollars is …

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Categories Travel

Q2 2023 Earnings Results of EVgo (EVGO)

by Craig Fedirighi
Q2 2023 Earnings Results of EVgo (EVGO)

A view of an EVgo EV charging station on July 28, 2023 in Corte Madera, California. Justin Sullivan | Getty Images EV charging network operator EVgo on Wednesday reported second-quarter …

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Categories Business

Head of Autonomous Driving’s Departure Causes Xpeng (XPEV) Shares to Decline

by Adrian Jhonsan
Head of Autonomous Driving’s Departure Causes Xpeng (XPEV) Shares to Decline

An XPeng Inc. G9 electric vehicle at the Shanghai Auto Show in Shanghai, China, on Monday, April 24, 2023. Qilai Shen | Bloomberg | Getty Images Xpeng shares fell around …

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Categories World

Virgin Galactic (SPCE) Q2 2023 Financial Results Unveiled: Insights into Company’s Earnings

by Craig Fedirighi
Virgin Galactic (SPCE) Q2 2023 Financial Results Unveiled: Insights into Company’s Earnings

VMS Eve, operated by Virgin Galactic, returns after the company’s first commercial flight to the edge of space, at the Spaceport America facility, in Truth or Consequences, New Mexico, U.S., …

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Categories Business

Caterpillar Achieves Record Performance, Resolving Issue That Affected Q1 Stock Performance

by Milton Acorn
Caterpillar Achieves Record Performance, Resolving Issue That Affected Q1 Stock Performance

Club holding Caterpillar (CAT) announced impressive second-quarter results, leading to a surge in stock prices by over 8% to a record high of over $287 per share. Revenue for the …

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Categories Science

Planet PL Implements Restructuring Plan, Resulting in Approximately 10% Staff Reduction

by Craig Fedirighi
Planet PL Implements Restructuring Plan, Resulting in Approximately 10% Staff Reduction

Traders work on the floor of the New York Stock Exchange (NYSE) on December 08, 2021 in New York City. Spencer Platt | Getty Images Satellite-imagery and data-analysis company Planet …

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Categories Business

Increased demand prompts Ford to resume production of F-150 Lightning

by Adesola Mojo
Increased demand prompts Ford to resume production of F-150 Lightning

Ford Motor Company’s electric F-150 Lightning on the production line at their Rouge Electric Vehicle Center in Dearborn, Michigan on September 8, 2022. Jeff Kowalsky | AFP | Getty Images …

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Categories Automobile
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