Magna Announces 2023 Annual Meeting Results

AURORA, Ontario, May 11, 2023 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced voting results from its 2023 annual meeting of shareholders held on May 11, 2023. A total of 226,558,449 Common Shares or 79.18% of our issued and outstanding Common Shares were represented in person or by proxy at the… Continue reading Magna Announces 2023 Annual Meeting Results

Magna International Inc. (NYSE:MGA) Q1 2023 Earnings Call Transcript

Magna International Inc. (NYSE:MGA) Q1 2023 Earnings Call Transcript May 5, 2023 Magna International Inc. beats earnings expectations. Reported EPS is $1.11, expectations were $0.85. Operator: Greetings, and welcome to the Q1 2023 Results Call. [Operator Instructions]. As a reminder, today’s call is being recorded Friday, May 5, 2023. Now I would like to turn… Continue reading Magna International Inc. (NYSE:MGA) Q1 2023 Earnings Call Transcript

Google to unveil more AI-based products to take on MicrosoftIndustry observers have described ChatGPT as Google’s disruptor.

Alphabet Inc’s Google on Wednesday is expected to unveil more artificial intelligence in its products to answer the latest competition from Microsoft Corp, which has threatened its perch atop the nearly $300-billion search advertising market. Through an internal project code-named Magi, Google has looked to infuse its namesake engine with generative artificial intelligence, technology that… Continue reading Google to unveil more AI-based products to take on MicrosoftIndustry observers have described ChatGPT as Google’s disruptor.

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May 10 (Reuters) – Alphabet Inc’s (GOOGL.O) Google on Wednesday is expected to unveil more artificial intelligence in its products to answer the latest competition from Microsoft Corp (MSFT.O), which has threatened its perch atop the nearly $300-billion search advertising market. Through an internal project code-named Magi, Google has looked to infuse its namesake engine… Continue reading Untitled

Fisker (FSR) Q1 2023 report: 55 Ocean SUVs built, two delivered, guidance drops, PEAR delayed

Fisker Inc. has released its Q1 financial report for 2023, and although there is some room for celebration as early deliveries of its flagship SUV (sort of) roll out, there is much work to be done on the production side to come close to previously announced output guidance. Today also brought a progress update of… Continue reading Fisker (FSR) Q1 2023 report: 55 Ocean SUVs built, two delivered, guidance drops, PEAR delayed

Fisker cuts production guidance for Ocean EV after last-minute snags

Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Beach, California. Patrick T. Fallon | AFP | Getty Images Electric vehicle startup Fisker on Tuesday reported a wider first-quarter loss than… Continue reading Fisker cuts production guidance for Ocean EV after last-minute snags

Fisker opens two new customer spaces in Germany, CEO claims its first Ocean delivery

Mere days after delivering its first Ocean SUV to a lucky customer in Europe, the team at Fisker Inc. has popped up in Germany, cutting the ribbon on two new customer-dedicated facilities in the country. The new Fisker Lounge and showroom also kick off the start of Ocean SUV reservations in the country as well… Continue reading Fisker opens two new customer spaces in Germany, CEO claims its first Ocean delivery

@Fisker: Fisker Completes First German Vehicle Registration and Opens New Customer Facilities in Munich000127

LOS ANGELES & MUNICH–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, continues its phased launch of the all-electric Fisker Ocean SUV in Europe with the registration of the first Fisker Ocean in Germany and the opening of two new customer facilities in Munich.… Continue reading @Fisker: Fisker Completes First German Vehicle Registration and Opens New Customer Facilities in Munich000127

@niche: Magna (MGA) Q1 Earnings and Revenues Top Estimates002682

Magna (MGA) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $1.28 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 16.84%. A quarter ago, it was expected that this… Continue reading @niche: Magna (MGA) Q1 Earnings and Revenues Top Estimates002682

Fisker (FSR) delivers the first Ocean electric SUV model

American EV maker Fisker Inc. (NYSE: FSR) delivered its first electric Ocean SUV model to a customer at its new facility in Copenhagen, Denmark Friday. The Ocean is Fisker Inc’s first electric vehicle since revamping the brand in 2016 after Henrik Fisker’s previous startup, Fisker Automotive, went bankrupt in 2013. Fisker believes this time is… Continue reading Fisker (FSR) delivers the first Ocean electric SUV model