General Motors Takes $1.6 Billion Charge to Right-Size EV Capacity
GM booked a $1.6B charge, reducing its EV production plans. Demand is slower than expected due to gov't ending tax credits and changing rules.
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Domino's Beats the Odds: Promotions and Value Deals Drive Strong U.S. Same-Store Sales Growth in Q3
Domino's beat profit and U.S. sales estimates. Success came from deals (like the revived "$9.99 Best Deal Ever") and new menu items. Customers are seeking value due to inflation. International sales missed targets.
Polaris Sells Majority Stake in Indian Motorcycle to Private Equity Firm
Polaris sells Indian Motorcycle to Carolwood LP in Q1 2026. Deal expected to boost earnings by $50M annually and $1.00 per share while Indian becomes independent company.
Goldman Sachs Upgrades Estée Lauder: A Turnaround Story
Goldman Sachs upgrades Estée Lauder to Buy with $115 price target, citing business turnaround and China market recovery in prestige beauty sector.
Levi's Raises Outlook Despite Growing Tariff Pressures
Levi Strauss raises 2025 revenue forecast to 3% growth despite facing increased tariff costs. Stock drops 6% despite beating Q3 earnings expectations and improved profit margins.
DoorDash Teams Up with Serve Robotics for Autonomous Delivery Across America
DoorDash partners with Serve Robotics to expand autonomous sidewalk robot deliveries nationwide, building on 100,000+ successful deliveries in major U.S. cities.