Tag: earnings
-
Growth is not enough
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. We were a smaller team this week, with Natasha and Alex joined by Grace and Chris to sort through a week that brought together both this quarter’s earnings cycle and the Q3 IPO rush. So, it was just a little busy!…
-
Maruti shares may double in 3 years
Mumbai: Will the wheels of fortune finally turn at Maruti? An effortless cruiser until 2018, Maruti seems to have taken a prolonged breather since. But a raft of brand new models could end the pause — and vault the stock back into the country’s top-ten leader-board of most valued companies. Analysts expect Maruti to double…
-
Tata Motors surges as Big Bull & marquee investors meet top brass
MUMBAI: Shares of Tata Motors jumped in commerce on Monday as the company’s management began its five-day-long encounters with a number of the greatest names in the investment world.The company in an exchange filing stated that it could be holding meetings with shareholders like Rakesh Jhunjhunwala’s Rare Enterprises, Blackrock Investment, Abu Dhabi Investment Authority, Franklin…
-
‘Big Short’ investor Michael Burry predicted the inflation spike a year ago – and sounded the alarm multiple times in February
"The Big Short" investor Michael Burry. Jim Spellman / Getty Images Michael Burry called post-reopening inflation in April 2020. "The Big Short" investor cautioned prices could spike earlier this year too.Burry trumpeted the value of profitable companies during extended periods. See more information on Insider's business page. Michael Burry cautioned the post-pandemic reopening could cause…
-
Volkswagen weathers pandemic with $10.7B profit
Volkswagen said Friday it made better than expected earnings of 8.8 billion euros ($10.7 billion) following tax in 2020 despite the pandemic. The world’s No. 2 automaker said the accelerated retrieval of China, its biggest single market, and resilient sales of luxury vehicles aided the bottom line.The company gave an optimistic outlook for this year,…
-
Stocks are selling off again, and SaaS shares are taking the biggest lumps
It was just days ago which cries of “stocks simply go upwards,” and “no it is logical that Tesla is moving up since it divide ” along with other bits of unironic stupidity were the only thing you could read on the web about the stocks markets. Today, and yesterday, that all went to hell.…
-
Tech shares set fresh records despite uncertain economy
Despite record-setting COVID-19 diseases , American equities climbed today. While technology stocks did better all indices gained ground through routine trading. The Nasdaq Composite establish new 52-week and all time drops, touching 10,462.0 points before ending in 10,433.65up 2.21% daily. Similarly, that a basket of SaaS and cloud companies who has risen and fallen more…
-
Stock multiples looking pricey due to under-trend earnings
Rahul Bhasin, Managing Partner, Baring Private Equity, says valuation distortions in the market that is current need to be viewed in the context of expenditure of money, which can be reduced today than that which it was in last 1,000 years. Excerpts from an interview with ETNOW.The marketplace is in an all-time large. Economic indicators…
-
Elon Musk predicts Tesla’s Model Y will outsell all of its other three vehicles combined (TSLA)
FREDERIC J. BROWN/AFP/Getty Images Elon Musk anticipates Tesla’s forthcoming Model Y to outsell the Model S, X, and 3, joint. The CEO made the prediction on Tesla’s third-quarter earnings conference call, after the provider readily blew past Wall Street estimates. Tesla now hopes to begin complete production of this crossover in the summer of 2020…
-
Despite declines for the quarter, Tesla is bullish on its overall energy business
Even as its solar company declined in step with its overall earnings, Tesla is bullish on the prospects for the energy side of its business over the course of this year. The energy company is an unheralded part of Tesla — overshadowed by its headline-grabbing (and much larger) auto exploits — that chief executive Elon…