Earnings preview: Is Disney+ in for a wake-up call like Netflix?

Is the Walt Disney Co. headed for a subscriber miss, like its biggest streaming rival? disney SAY, -3.00% has ferociously eaten into rival Netflix Inc.’s NFLX, -4.35% subscriber base since launching Disney+ in November 2019, climbing to 129.8 million subscribers. That is more than half of Netflix’s total of 219.6 million, which declined by 200,000 … Read more

How cats are winning the post-pandemic economy

The cat business is booming, with owners willing to spend on new services and petsitters raising their hands. While the cat has long been considered a low-maintenance pet, the emerging post-pandemic economy is challenging that notion as cat grooming and boarding become more widespread. Cat owners are willing to pay for services ranging from daycare, … Read more

Tesla wins ‘strong’, but Wall Street ‘won’t bet’ on latest robotaxi vehicle

Tesla Inc.’s record quarterly profits received praise from Wall Street as the stock soared more than 7% on Thursday and analysts expressed little concern over the ramp-up of the electric vehicle maker’s new factories. . Chief executive Elon Musk was on a conference call with analysts and laid out a timeline for Tesla’s latest vehicle: … Read more

Tesla stock price jumps after record earnings report

You’re here Inc. TSLA 7.97% Shares jumped on Thursday after the electric vehicle maker posted its highest quarterly profit yet. The stock was up 11% at the open, trading at $1,085 a share. Tesla late Wednesday reported record profit of $3.3 billion for the first three months of the year and signaled that vehicle production … Read more

Air transport takes off. The ride will be bumpy.

After two years of lagging profits, airlines are finally gearing up to reap the rewards of a much-needed rebound in travel throughout 2022 as travelers seek to make up for lost time during the pandemic. More than 6.5 million people passed through TSA checkpoints last weekend, about 500,000 less than the 2019 figure. Airline spending, … Read more

Air transport takes off. The ride will be bumpy.

After two years of lagging profits, airlines are finally gearing up to reap the rewards of a much-needed rebound in travel throughout 2022 as travelers seek to make up for lost time during the pandemic. More than 6.5 million people passed through TSA checkpoints last weekend, about 500,000 less than the 2019 figure. Airline spending, … Read more

Tesla needs lithium. Elon Musk suggests he could get into mining.

Tesla CEO Elon Musk has suggested the electric vehicle maker could get into the mining business. Patrick Pleul/POOL/AFP via Getty Images Text size You’re here CEO Elon Musk deplored the increase in the cost of lithium in a recent tweet. He even suggested that You’re here could venture into mining to help solve shortages of … Read more

Tesla needs lithium. Elon Musk suggests he could get into mining.

Tesla CEO Elon Musk has suggested the electric vehicle maker could get into the mining business. Patrick Pleul/POOL/AFP via Getty Images Text size You’re here CEO Elon Musk deplored the increase in the cost of lithium in a recent tweet. He even suggested that You’re here could venture into mining to help solve shortages of … Read more