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Tesla profits cut in half as demand falls BBC.comTesla shares jump 13% after Musk says company aims to start production of affordable new EV by early 2025 CNBCMusk Needs New Teslas to Pay for His Autonomous Dreams The Wall Street JournalTesla Earnings Fall To Lowest Since 2021. Tesla Stock Surges Late On 'Affordable' EV. Investor's Business DailyTesla's Q1 profit down 48%, revenue drops 9% MarketWatch
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Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accusations of shoddy work from a growing number of whistleblowers.
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Consumer-product sales fall but gaming provides a boost.
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AT&T Delivers Strong First-Quarter Results Powered by 5G & Fiber Growth AT&T NewsroomAT&T Earnings, Free Cash Flow, Subscriber Adds Beat Investor's Business DailyAT&T Beats Earnings Expectations as Revenue Slides Barron'sAT&T Inc (T) Q1 Earnings: Adjusted EPS Aligns with Projections Amid Robust Connectivity Demand Yahoo FinanceAT&T Beats Profit Estimates on Jump in Wireless Subscribers Bloomberg
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JetBlue said second-quarter revenue would likely drop as much as 10.5% on the year.
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Gross margin fell in the first quarter to 17.4 percent from 19.3 percent in the year-earlier period.
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