Ford beats sales, profit estimates amid EV strategy overhaul
Ford Motor Co., rapidly retooling its electric vehicle strategy in a decelerating market for plug-ins, posted first-quarter results that beat expectations on strong sales of work trucks.
Ford Motor Co., rapidly retooling its electric vehicle strategy in a decelerating market for plug-ins, posted first-quarter results that beat expectations on strong sales of work trucks.
International Business Machines Corp. posted earnings that disappointed investors as the company’s consulting unit continues to see weak demand. It also announced the acquisition of software firm HashiCorp Inc.
International Business Machines Corp. said it has agreed to buy HashiCorp Inc. in a transaction valuing the software company at $6.4 billion on an enterprise basis.
Apple Inc.’s senior director leading product-marketing efforts for the new Vision Pro headset retired following the recent launch.
ServiceNow Inc. provided an outlook for sales in the quarter that fell just short of analysts’ expectations, suggesting that corporate budgets for software purchases remain tight. The shares declined about 5% in extended trading.
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