As much as Kia wants you to think its Carnival is a genre-bending vehicle, marketing it as an MPV with SUV styling and the space of a van, at the end of the day it’s really just a minivan. But we love minivans, and in my opinion the Carnival is the best you can buy … Read more
A display for image sharing and social media service Pinterest is seen at the Collision conference in Toronto, Ontario, Canada June 23, 2022. Chris Helgren | Reuters Pinterest shares plummeted in extended trading on Thursday after the company issued a weaker-than-expected forecast and missed on revenue. Revenue: $981 million vs. $991 million expected, according to … Read more
For many buyers, a major hurdle to EV adoption is cost. For a while, there were limited affordable EV electric options. Now that the pre-owned EV market is seeing massive drops in value, there are more opportunities than ever for a reasonably priced way to go electric. So instead of buying the typical mid-sized sedan, … Read more
Adyen reported a big miss on first-half sales Thursday. The news drove a $20 billion rout in the company’s market capitalization . Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Shares of European online payments giant Adyen jumped on Thursday, after the company reported strong sales growth and better-than-expected profit for 2023. Adyen, … Read more
SoftBank posted its biggest gain in nearly three years at the flagship tech investment arm, the Vision Fund, in the December quarter amid a recovery in valuation of technology companies. Here’s how SoftBank did in the December quarter against LSEG estimates: Net sales: 1.77 trillion Japanese yen ($11.9 billion) versus 1.8 trillion Japanese yen expected. … Read more
Photo: Ford They don’t build cars like they used to. It’s true. They’re safer, more fuel efficient and more reliable than ever before. These days, most cars are just getting started when they cross the 100,000-mile mark. They may require quite a few repairs to keep going after that point, but the days of cars … Read more
2025 Mini Cooper SImage: Mini Mini Cooper fans rejoice! A few months after unveiling the fourth-generation Mini Hardtop in fully electric guise, the brand has debuted the gas-powered versions for the 2025 model year. It’s a bittersweet reveal, as these will be the final gas-powered Minis (alongside the new Countryman) as the brand transitions to … Read more
Uber CEO Dara Khosrowshahi looks on during the APEC CEO Summit at Moscone West on November 15, 2023 in San Francisco, California. Justin Sullivan | Getty Images Uber reported fourth-quarter results Wednesday that beat analysts’ estimates on top and bottom lines. Shares fell more than 1% in premarket trading. Here’s how the company did: Earnings per share: 66 cents vs. … Read more
Alibaba is operating in Suqian City, Jiangsu Province, China, on December 29, 2023. Costfoto | Nurphoto | Getty Images Alibaba missed market expectations for revenue in the December quarter, but announced it is increasing the size of its share buyback program by $25 billion, sending shares to whipsaw after earnings were released. U.S.-listed shares in … Read more
The Dubai skyline. Umar Shariff Photography Wheely, a luxury-focused competitor to ride-hailing giant Uber, is launching in Dubai as the company looks to reembark on an international expansion effort that was quashed by Covid in 2020. The company, founded by Russian-Swiss entrepreneur Anton Chirkunov, told CNBC it will offer rides in the United Arab Emirates … Read more
