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A Tesla electric car is parked at a Tesla service center on August 2, 2025 in San Diego, California.Kevin Carter | Getty Images There are generally two ways for companies to increase profits: increase sales or reduce costs. If possible, you can do both at the same time. That’s because increased revenue can be overshadowed by sharp increases in spending.that’s what happened tesla In the third quarter. Elon Musk’s electric car company’s sales rose 12% from a year earlier, the first increase in three quarters. Despite this, net income was down 37% year over year.Who is the culprit? Tesla said…
Seoul, South Korea AP — North Korea conducted its first ballistic missile test in five months on Wednesday, days before US President Donald Trump and other leaders are scheduled to meet in South Korea. South Korea’s military said it detected multiple short-range ballistic missiles that were fired from an area south of Pyongyang and flew about 350 kilometers (220 miles) northeast. South Korea’s Joint Chiefs of Staff did not provide more specific details of the flight, but said the missile did not hit the ocean. The Joint Chiefs of Staff added that the South Korean military is ready to repel…
Laura Dern would never say anything that would ruin a friendship. The Big Little Lies star knew exactly how to avoid potential spoilers when discussing an ongoing fan theory that her appearance in Taylor Swift’s “Bejeweled” music video contains an Easter egg from the Grammy winner’s latest album, “Life of a Showgirl.” In response to speculation about the video, which features a similar Showgirls aesthetic to Taylor’s new song, Laura coyly told E! News’ Erin Lim Rose said in an exclusive interview, “All I know is how lucky I am to know Taylor Swift.” And while the Oscar-winner remained tight-lipped…
Let’s check out the companies that are becoming a hot topic for after-hours trading. Southwest Airlines — The company’s stock rose 2% on the back of a disappointing quarterly profit. Southwest Airlines also said both demand and fares are improving. The company reported adjusted earnings of 11 cents per share, while analysts surveyed by LSEG had expected a loss of 3 cents per share. Meanwhile, revenue came in at $6.95 billion, beating the $6.92 billion consensus estimate by analysts based on LSEG. Tesla — The electric car stock, whose robotics and humanoid ambitions have been in the spotlight in recent…
Justin Wenig recalls his days at Y Combinator in 2019. At the time, he was working with his first startup, Coursedog, to bring more modern tools to higher education facilities, including those working with the State Department. He quickly learned that his colleagues didn’t like working with the public sector – there was too much bureaucracy. Just finding out basic information, such as what the district had purchased in the past year, required a lot of paperwork. “Out of hundreds of startups, only a handful were trying to modernize the way government and education work,” Wenig told TechCrunch. “Investors thought…
Elon Musk listens to questions from U.S. President Donald Trump and South African President Cyril Ramaphosa during a press conference in the Oval Office of the White House on May 21, 2025 in Washington, DC. Chip Somodevilla | Getty ImagesThere were many things missing Tesla’s Announcement of financial results for the third quarter.CEO Elon Musk declined to say anything about demand for the company’s electric vehicles after a key federal tax credit expired last month. He did not mention the impact of tariffs on the Cybertruck or auto parts. Investors had no idea how the fourth quarter would pan out.…
Seoul, South Korea — South Korean President Lee Jae-myung praised the country’s relationship with the United States in a CNN interview on Wednesday, setting aside lingering trade concerns and hailing US President Donald Trump as a “peacekeeper” as he prepares to visit Asia. Speaking hours after North Korea tested a ballistic missile in its first show of force since taking office in June, Mr. Lee acknowledged that tensions on the peninsula had “worsened” in recent years. But he downplayed the risks, reiterated the need to pursue peace and dialogue, and raised the possibility of President Trump bridging the gap between…
The story of how Jelly Rolly and Bunnie Xo metBunny Zoe and Jelly Roll’s love story began in Las Vegas.As she recalled on Bussin’ With The Boys, she met the singer when they performed at a country saloon in Las Vegas in August 2015. This was before jelly rolls became famous. At the time, he was living in a van and estimated about 20 people came to the show.Instead, their spark took center stage.”When I met him, I tell people this is the craziest cliché, but literally my soul was like, ‘I’m there,'” Bunny said on a 2023 podcast. “And…
Futures and options traders work on the floor of the NYSE American at the New York Stock Exchange on October 22, 2025 in New York City, USA. Brendan McDiarmid | ReutersStock futures fell slightly on Wednesday night as investors digested the quarterly results.Futures linked to the Dow Jones Industrial Average It fell 87 points (nearly 0.2%). S&P futures and Nasdaq 100 futures Both were near the flatline.The following companies announced large profits after the market closed for the third quarter. tesla, IBM, moderna and ram research. Tesla, which began coverage of the Magnificent Seven, saw its stock fall 3% after…
Amazon announced Wednesday that it is developing AI-powered smart glasses for delivery drivers. The idea behind the glasses is to provide delivery drivers with a hands-free experience, reducing the need to keep switching their eyes between their phones, the packages they’re delivering, and their surroundings. The e-commerce giant says the glasses will allow delivery drivers to scan packages, follow turn-by-turn walking instructions, and obtain proof of delivery without using their phones. The glasses use AI-powered sensing and computer vision along with cameras to create displays that include hazards, delivery tasks, and more. Amazon likely hopes the new glasses will shorten…