Earnings Updates: Tesla, UPS, Southwest and Boeing Workers' Strike

Reported about 1 month ago

Wall Street is buzzing with mixed earnings reports from major companies. Tesla reported better-than-expected adjusted earnings but missed on revenue, while projecting a slight increase in deliveries for 2024. UPS exceeded profit forecasts, and Southwest Airlines also reported strong earnings amid a proxy battle. In contrast, Boeing's striking workers rejected a new labor deal, highlighting ongoing labor tensions.

Source: YAHOO

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