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  • Palantir Posts First Quarterly Profit Following New Contract Wins

    Palantir Posts First Quarterly Profit Following New Contract Wins0

    Palantir (NYSE:PLTR) reported its first-ever quarterly profit, as well as a top- and bottom-line beat in the final three months of 2022, as a ramp-up in customers bolstered performance. On a GAAP basis, the U.S.-based data analytics company posted net income of $31 million in the quarter up to the end of December, translating to

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  • Toshiba Cuts Full-Year Profit Estimate, COO Resigns

    Toshiba Cuts Full-Year Profit Estimate, COO Resigns0

    Japan’s Toshiba (OTC:TOSYY) Corp on Tuesday reported an 87.5% drop in third-quarter operating profit and cut its full-year earnings estimate for a second time. It also said Chief Operating Officer Goro Yanase had resigned over the inappropriate use of entertainment expenses in 2019 when he was an executive at Toshiba Energy Systems and Solutions Corp.

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  • Analysis-In China, Tesla Could Win Electric Vehicle Price Battle – But Lose The War

    Analysis-In China, Tesla Could Win Electric Vehicle Price Battle – But Lose The War0

    Slashed prices have given Tesla (NASDAQ:TSLA)’s China sales a pop, but analysts, and even fans, warn the U.S. automaker needs to up its long-term game to avoid choking on the dust of fast-moving rivals in the world’s biggest electric vehicle market. Most immediately, Tesla’s January price cuts drove deliveries of its China-made vehicles up 18%

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