Author: Yarhow_Finance Online News

Eaton Announces Breakthrough, AI-powered Innovation to Help Utilities Strengthen Wildfire Prevention Efforts

Lab simulations and testing demonstrate highly accurate, fast fault detection technology designed for grid-edge implementation on utility distribution lines Collaboration among Eaton, U.S. Army Corps of Engineers (USACE) Engineer Research Development Center (ERDC), National Renewable Energy Laboratory and North American utilities drives novel solution Eaton to present on wildfire mitigation technologies at the 2025 DistribuTECH… Continue reading Eaton Announces Breakthrough, AI-powered Innovation to Help Utilities Strengthen Wildfire Prevention Efforts

Company News for Mar 24, 2025

Shares of NIO Inc. (NIO) declined 4.5% after the company reported fourth-quarter 2024 loss of $0.47 per share, wider than the Zacks Consensus Estimate of a loss of $0.33 per share. Planet Labs PBC’s (PL) shares tumbled 10.6% after the company reported fourth-quarter 2024 loss of $0.08 per share wider than the Zacks Consensus Estimate… Continue reading Company News for Mar 24, 2025

NIO Q4 Loss Wider Than Expected, Revenues Increase Y/Y

NIO Inc. NIO incurred a fourth-quarter 2024 loss per American Depositary Share (ADS) of 47 cents, wider than the Zacks Consensus Estimate of a loss of 33 cents. The company had reported a loss of 45 cents in the year-ago quarter. This China-based electric vehicle maker posted revenues of $2.7 billion, which missed the Zacks… Continue reading NIO Q4 Loss Wider Than Expected, Revenues Increase Y/Y

Tesla’s China rival BYD’s sales surged 29% last year, topping $100B

BYD (1211.HK) capped off a strong 2024 with positive results as Tesla’s main rival in China sets up for another big year. BYD’s full year jumped 29% to 777 billion yuan ($107 billion) vs. 776 billion yuan estimated, crossing $100 billion in sales for the first time. Net income rose 34% to 40.3 billion yuan… Continue reading Tesla’s China rival BYD’s sales surged 29% last year, topping $100B

Chinese EV giant BYD’s fourth-quarter profit leaps 73%

BEIJING (Reuters) -Chinese electric vehicle maker BYD’s net profit leapt 73.1% in the fourth quarter of 2024 to a record 15 billion yuan ($2.1 billion), it said on Monday, reaping the rewards of lower prices and higher sales than rivals. Fourth-quarter revenue was up 52.7% at 274.9 billion yuan, the company said in a stock… Continue reading Chinese EV giant BYD’s fourth-quarter profit leaps 73%

Knorr-Bremse AG Just Missed Earnings – But Analysts Have Updated Their Models

Last week, you might have seen that Knorr-Bremse AG (ETR:KBX) released its full-year result to the market. The early response was not positive, with shares down 4.1% to €88.45 in the past week. It was not a great result overall. While revenues of €8.0b were in line with analyst predictions, earnings were less than expected,… Continue reading Knorr-Bremse AG Just Missed Earnings – But Analysts Have Updated Their Models

Ceres Power Holdings PLC (CPWHF) (Q4 2024) Earnings Call Highlights: Record Revenue and …

Revenue: GBP 51.9 million, a record for the company. Gross Profit: Over GBP 40 million, also a record. Order Intake: More than GBP 110 million, driven by licensing deals with Denso and Delta. Cash Position: Over GBP 100 million at the end of the year. Gross Margin: High 70s percentage, indicating a low cost of… Continue reading Ceres Power Holdings PLC (CPWHF) (Q4 2024) Earnings Call Highlights: Record Revenue and …

Investing in Dana (NYSE:DAN) five years ago would have delivered you a 95% gain

Dana Incorporated (NYSE:DAN) shareholders might be concerned after seeing the share price drop 14% in the last month. But at least the stock is up over the last five years. In that time, it is up 74%, which isn’t bad, but is below the market return of 138%. Let’s take a look at the underlying… Continue reading Investing in Dana (NYSE:DAN) five years ago would have delivered you a 95% gain