Company Insights
For Intel, manufacturing is a losing battle. To win, it will need to outsource.
Almost every computer used to have an Intel chip inside. But the company’s persistent manufacturing issues have allowed its rivals to leap ahead.
Section
Company Insights
AstraZeneca
Moderna’s trial diversity is all for show if Black and Brown Medicaid recipients can’t afford a vaccine
In the Covid-19 vaccine race, Moderna, Inc. made headlines last week for the representative diversity of its trial candidates.
Etsy cautions that its mask-fueled momentum might be starting to decline
While the momentum of its mask sales might be starting to slow, Etsy still posted strong third quarter earnings that beat analysts’ expectations.
Boeing
Boeing Announces More Layoffs As Losses Mount
Boeing (NYSE: BA) announced it will be cutting more jobs as the airline industry continues to be severely impacted by the coronavirus. Boeing’s layoffs come as the U.S.
Earnings
Walgreens meager earnings squeak past low-ball estimates, lifting shares
Walgreens Boots Alliance, Inc. reported dismal fourth-quarter earnings that managed to exceed low-ball estimates. Shares surged in response to surpassed expectations.
Company Insights
Intel is having an existential crisis – it just isn’t the best at manufacturing anymore
Nimbler competitors annexing its market share and a series of self-made manufacturing gaffes have left Intel in a precarious position.
Company Insights
Peloton’s stiffest competition yet: Equinox expands the SoulCycle bike nationally
Peloton is facing new competition from Equinox as the luxury fitness company expands nationally in a bid for the growing at-home, connected fitness market.
Company Insights
Netflix Continues Expansion into Indian Market with First Film in Tamil
Netflix will be creating and streaming its first film in Tamil—the language commonly used in the south Indian state of Tamil Nadu, as well as in Sri Lanka and Singapore—the tech giant announced Thursday.
Tesla
Tesla’s Battery Day: Automaker’s hyped-up event underwhelmed investors
Tesla’s recent Battery Day event gave the automotive world a status update on the company’s long-time push to make its prices competitive with gas-powered cars.
Company Insights
Musk confident about Tesla’s future though its new battery failed to appear early
Elon Musk promises Tesla will make a lower-cost electric vehicle by 2023 on Tesla’s annual battery day, but the goal hinges on a new, more affordable battery that some experts are questioning.
Company Insights
Delta to avoid many furloughs as stimulus talks continue
Delta Air Lines says that it will be avoiding furloughs for many employees, a move that comes as Washington continues to work on a stimulus package.
Company Insights
Even in Pandemic, Lululemon Expands Stores
While many retailers are cutting back or even going out of business in the pandemic’s economic downturn, Lululemon Athletica is the rare exception with plans to open 30 to 35 new stores by the end of 2020.