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The Score: Tesla, UPS, Meta and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week’s news. Source link
By Remaking Twitter, Elon Musk Created an Opening for Rivals
Musk has moved to increase subscription revenue and cut costs, but his changes alienated some users. Source link
EV Sales Growth in First Half Slowed From Torrid Pace
Rising inventory on dealership lots will offer test of future demand for electric vehicles. Source link
Lockheed Martin Wrestles With Supply-Chain Issues to Arm Ukraine
Sales of the defense company’s long-range missiles known as the Guided Multiple Launch Rocket System fell in the latest quarter from a year ago. Source
Johnson & Johnson Posts Higher Quarterly Sales, Raises 2023 Outlook
First-quarter earnings were largely wiped out by a $6.9 billion charge tied to litigation and other costs from its Covid-19 vaccine commitments. Source link
Apple Opens Its First Retail Store in India
The tech company opened a bricks-and-mortar location in Mumbai and is planning to open a second location Thursday in New Delhi. Source link
The World Is Volatile but Luxury Brands Look Serene
Hermès and LVMH beat high expectations for first-quarter sales. Source link
The World Is Volatile but Luxury Brands Look Serene
Hermès and LVMH beat high expectations for first-quarter sales. Source link