Tesla reported record Q1 earnings after the market close Wednesday. The takeaway was $TSLA with the foresight of tying up key commodities such as nickel, rare earths and lithium earlier got them ahead of the inflation curve. This made the company able to relentlessly focus on manufacturing. From that gross automotive margin were 30.5%, up from 28.4% over the previous quarter. Even excluding credit sales, operating profit was a record and much better than Wall Street expected. What excited the … Continue reading “Tesla Delivers Record Earnings Despite Global Supply Chain Headwinds”
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Advanced Micro Devices reported better than expected third-quarter earnings on Tuesday after the close of markets. $AMD also guided higher for the fourth quarter. Gross margin rose to 48% from 44% y/y with more expensive processors selling more.
Social media company Twitter reported worse than expected third quarter earnings Tuesday with a net $537 million loss. However $TWTR revenue growth outpaced the increase in users. Apple’s iOS 14.5 privacy change impact on Q3 revenue compared with Q2 “remained modest.”
Tesla reported record Q3 earnings after the market close Wednesday. $TSLA made $1.62bn in the third quarter, beating its old record $1.14bn last quarter. Tesla said it expects sales to grow an average of 50% annually.Gross automotive margins were 30.5%,up from 28.4% over the previous quarter.
Tesla reported record Q3 deliveries Monday. $TSLA rose +19.58 to 794.80 on the news. Tesla has been able circumnavigate the chip shortages that are plaguing the auto industry and appears to be one step ahead compared to OEMs regarding chips
Advanced Micro Devices report Q2 earnings after the close Tuesday. AMD has benefited from the Covid-19 work from home demand for loud computing data centers and increased PC sales. Analysts looking for a closing date for the Xilinx acquisition
Tesla reported better than expected Q2 earnings after the market close Monday. $TSLA covered what the analysts focus was on, from Bitcoin, battery, supply chain shortages to CEO Elon Musk’s strategy. To be prepared we go into depth in the key areas to watch for.
Zscaler shares soared to an all time high after beating earnings exppectations and raising guidance as the lockdown Work From Anywhere Trend (WFA) and the digitization of business underscored that the shift continues to benefit $ZS with the surge in demand for it’s cloud security products.