Tag: earnings
Chinese EV battery maker CATL expects 2023 profit to jump as much as 48 per cent as it maintains huge advantage over rivals
Contemporary Amperex Technology (CATL), the world’s largest EV battery manufacturer, expects net profit for 2023 to have climbed by as much as 48 per cent as it benefited from the rising penetration of electric cars around the world.
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31 Jan, 05:54 AM
Meta Cuts Spending. The Shares Jump.
The Facebook parent announced a new round of spending cuts along with its earnings report on Wednesday. Plus, it's buying back another $40 billion worth of stock.
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2 Feb, 08:38 AM
The global downfall of Chinese phone brands
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11 Aug, 02:10 PM