Under Armour Beats Wall Street Annual Revenue Expectation
Under Armour beats analysts’ expectation through increased sale for masks and sports items.
Demand
Chevron’s Surprise Q3 Profit Post Reduction Of Spending Budget
Recovered oil prices and cost reduction have resulted in surprise Q3 profits.
Tesla Unveils New Supercharger Update As Fast Charging Feature
The new feature will enable Tesla Model 3 to function for “120 kilometres” on a three minutes’ charge.
Weakened Overseas Supply Forces Sharp Output Reduction
General Motors planned on a “seven business days” operation model to cope with shrinking exports.
Demand And Technology Surge Yet Profitability From EV Seems A Difficult Task
Pushed by demand Toyota aims at speeding up its EV schedule.
China Agrees To Accept Reasonable Rare-Earth Demand
Amid speculations of China dominating in rare-earth exporters’ market, the country showed signs of meeting other countries’ demand on conditions.
Larry Ellison Becomes The ‘Second Largest Individual Investor’ For Tesla
Following the entry of Ellison into Tesla’s board of director, he turns an investor for the company.
Panasonic’s Q1 Profit Increases By 19% As Demand Offsets Costs Incurred
Analysts’ estimation was left behind as Panasonic’s performance sees a profit increment fuelled by the growing demand for its “factory automation equipment”.
Caterpillar Upgrades ‘Profit Outlook’ For Its Worldwide Product Demand
The quarterly profit performance of Caterpillar beats the analysts’ estimates.
Royal Dutch Shell deepens its investment in renewables
With consumers opting for renewable energy sources and with the energy market being increasingly accomodative towards renewables, Royal Dutch Shell is strategically positioning itself to tap this burgeoning market to co-develop “models to help customers manage their energy use better”.
Oil Markets Strike A Balance Amid The Hurts Caused By Waning Asian Demands
Asia is not demanding as much oil, while finally after the Brexit turmoil, oil futures seem to find steady footings.
