Despite tough times for Tesla, EV sales set new record in second quarter
EV sales increased by more than 11% in the second quarter. (iStock ) The electric vehicle (EV) market is booming around the world, despite tough times for EV giant Tesla, with research firm reporting that U.S. electric vehicle sales rose 11.3% in the second quarter of 2024. Report from Kelley Blue BookQuarterly sales reached a […]
Facebook parent Meta delivers strong quarter, sending shares soaring
Meta Platforms Inc. on Wednesday reported second-quarter earnings that beat Wall Street expectations, issued an upbeat sales forecast for the September quarter and expressed confidence that robust digital ad spending will be able to cover the costs of its AI investments. The company’s shares rose 8% after the close of trading. Mark Zuckerberg’s parent company […]
One Cable TV Provider Lost 393K Subscribers in One Quarter
In the most recent quarter of 2024, Charter Communications, one of America’s largest cable television providers, lost about 400,000 subscribers. Far Left The Hollywood Reporter He said this on Friday. The company, led by CEO Chris Winfree, said it lost 393,000 residential pay-TV subscribers in the most recent quarter, compared with 189,000 customers in the […]
US economy grew at 2.8 percent rate in second quarter, blowing past expectations
The U.S. economy grew at an annualized rate of 2.8% in the second quarter of 2024, according to new data released Thursday by the Commerce Department. Economists had expected gross domestic product (GDP) to grow 1.9% in the three months from April to June, close to the 1.4% growth in the first quarter of this […]
US economy grew at a 2.8% pace in the second quarter, more than expected
Claudia Thurm, chief economist at New Century Advisors, and Michael Kantrowitz, chief investment strategist at Piper Sandler, join “Making Money” to discuss whether the economy is on the brink of a recession. of U.S. Economy It grew at a faster pace than expected in early 2024 as consumers continued to loosen their purse strings despite […]
US Economic Growth Beats Expectations In Second Quarter
The US economy grew by 2.8% According to gross domestic product (GDP) statistics released by the Bureau of Economic Analysis (BEA) on Thursday, the global economy is expected to recover in the second quarter of 2024. Growth in the first quarter of 2024 was low, but growth in the second quarter was 1.4% After being […]
Trump campaign reports outpacing Biden in quarter two fundraising surge amid president’s donor concerns
Donald Trump outpaced Joe Biden in second-quarter fundraising, highlighting a surge in donations for Trump as concerns among Democratic donors about Biden’s prospects grow. Republican-aligned groups raised $431.2 million between April and June, significantly more than pro-Biden groups, which garnered $332.4 million. This shift followed Trump’s May 30 conviction, a pivotal moment that united the […]
Fox News Digital thumps CNN, NY Times, other major news brands in key metrics during second quarter
In Q2 2024, Americans turned to Fox News Digital for information and analysis, with the company finishing as the No. 1 news organization in both multiplatform watch minutes and multiplatform viewership during a historic three-month period. The second quarter was the quarter in which President Biden began to face continuing questions about his mental fitness […]
AutoNation says CDK outage will hurt its second quarter bottom line
Ryan Payne, President of Payne Capital Management, appeared on “Mornings with Maria” to explain the latest data on the auto industry. AutoNation said Monday that CDK Global’s recent widespread software outage will have a negative impact on its second-quarter bottom line. The car dealership said the June outage at its auto dealer software provider will […]
Goldman Sachs’ profit more than doubled in the second quarter, bolstered by higher fees from debt underwriting
Anastasia Amoroso, chief investment strategist at iCapital, talks to “Making Money” about what could be the catalyst for a stock market selloff. Goldman Sachs’ profits more than doubled in the second quarter, thanks to higher debt-underwriting fees and strong performance in its bond-trading business. The bank reported Monday profit of $3.04 billion, or $8.62 per […]