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WorldwideNicole
commented on
The third-quarter financial reports of U.S.-listed EV makers have come to a close. Looking at the performance in Q3, $Tesla(TSLA.US$'s vehicle sales were only 435,059 units, marking a 6.7% decrease compared to the previous quarter, ending a five-quarter streak of growth in vehicle sales.
On the other hand, $Li Auto(LI.US$ achieved consistent growth in net profit, surpassing Tesla in gross profit margin. $NIO Inc(NIO.US$'s automotive gross profit margin ...
On the other hand, $Li Auto(LI.US$ achieved consistent growth in net profit, surpassing Tesla in gross profit margin. $NIO Inc(NIO.US$'s automotive gross profit margin ...
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WorldwideNicole
commented on
Why do companies report quarterly results at different times of the year?
This is a question that puzzles many people because companies have the benefit of deciding when their fiscal year begins and ends.
Although fiscal years may differ, US stock companies could theoretically release financial statements at any time. Currently, we are entering a period of heightened financial statement releases for US stocks, and anyone interested can access the E...
This is a question that puzzles many people because companies have the benefit of deciding when their fiscal year begins and ends.
Although fiscal years may differ, US stock companies could theoretically release financial statements at any time. Currently, we are entering a period of heightened financial statement releases for US stocks, and anyone interested can access the E...
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WorldwideNicole
commented on
President Joe Biden, House Speaker Kevin McCarthy and other congressional leaders are planning a meeting Tuesday for talks on spending as a potential US debt default looms — though plans could still change. Biden has been tight-lipped about terms of the negotiation but said he believed a deal could be reached, adding he's a "congenital optimist." The debate is bad for markets either way, according to Morgan St...
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WorldwideNicole
commented on and voted
$PacWest Bancorp(PACW.US$ confirmed it's in talks with several potential investors, seeking to calm markets. The concern over the health of US reginal lenders became the new focal point.
Shares in PacWest plummeted as much as 60% in after-hours US trading on Wednesday after Bloomberg News reported it was considering strategic options including a sale. The sudden decline in Wednesday's extended session wrapped in other ban...
Shares in PacWest plummeted as much as 60% in after-hours US trading on Wednesday after Bloomberg News reported it was considering strategic options including a sale. The sudden decline in Wednesday's extended session wrapped in other ban...
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