The numbers: U.S. industrial production fell 0.1% in October, the Federal Reserve reported Wednesday. The gain was below Wall Street expectations of a 0.1% gain, according to a survey by Read more
Tag: Production
Rivian posts narrower quarterly loss than Wall Street feared, keeps production guidance intact
Rivian Automotive Inc. stock rose 2% in the extended session Wednesday after the electric-vehicle maker posted a narrower-than-expected quarterly loss and kept its 2022 production estimates intact despite saying supply-chain Read more
Lucid posts wider quarterly loss, says it is ‘on track’ with luxury EV production
This update corrects Lucid’s Q3 2022 and Q3 2021 losses. Lucid Group Inc. stock fell about 9% in the after-hours session Tuesday after the electric-car maker reported a wider quarterly Read more
Foxconn to invest an additional $170 million in Lordstown Motors
Foxconn Technology Group, the world’s biggest contract manufacturer for electronics, is deepening its investment in Lordstown Motors Corp., a once-troubled EV startup that recently began building its first all-electric pickup truck at a former General Motors Co. plant Read more
Will Apple’s latest production issues destroy demand?
Gone forever, or just delayed? That’s the key question being debated by analysts as they try to gauge the impact of production issues on demand for Apple Inc.’s AAPL, -0.19% Read more
Apple warns that iPhone 14 Pro and Pro Max shipments will be affected by China production issues
Apple Inc. said Sunday that it now expects lower shipments of its high-end iPhone 14 Pro and iPhone 14 Pro Max devices than it did previously, as COVID-19 issues hamper Read more
Apple warns that iPhone 14 Pro and Pro Max shipments will be affected by China production issues
Apple Inc. said Sunday that it now expects lower shipments of its high-end iPhone 14 Pro and iPhone 14 Pro Max devices than it did previously, as COVID-19 issues hamper Read more
Good news for homebuyers: The number of active house listings soared in October. But a closer look reveals a more depressing picture.
Some good news for homebuyers: The number of for-sale listings available for homebuyers increased at a record pace in October, according to a new report. According to the report from Read more
Fisker details sales ramp, says Ocean SUV production set to start this month
Fisker Inc. late Wednesday reported a quarterly loss that was wider than Wall Street expected, but kept some of its milestones unchanged, including the start of production of its electric Read more
This oil company is America’s hottest stock. Why won’t its CEO pump more oil?
Vicki Hollub’s Occidental Petroleum controls the biggest piece of the most important area for oil production in the United States. Not so long ago, an oilman in a position like Read more