Market Movers: Under Armour, Wendy's, and Tesla Earnings Highlights

Reported 3 days ago

Recent earnings reports reveal mixed results for major companies: Under Armour's revenue matched expectations at $1.13 billion, but adjusted earnings missed targets; Wendy's exceeded revenue expectations at $560.9 million, boosting earnings to 29 cents per share despite ongoing competition challenges; Tesla is restructuring, having disbanded its Dojo AI team as it faces competitive pressures and fluctuating sales.

Source: YAHOO

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