The Marked Chart Wire · Business
First Solar
First Solar adds 1.4 gigawatts of US bookings
First Solar reported adding 1.4 gigawatts of gross bookings in the United States at a price of $0.36 per watt.
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Tesla
Tesla US EV share drops to 52 percent, says analyst
Gary Black notes Tesla's US electric vehicle market share has declined from 80 percent to 52 percent. He argues the company needs better marketing to counter rising competition from smaller rivals.
Li Auto
Li Auto October deliveries fall 8.8 percent month over month
Li Auto reported 29,025 vehicle deliveries in October, a decline of 8.8 percent from the previous month. The company's cumulative deliveries have now reached 1.86 million units.
Meta
S&P downgrades META outlook to negative on capex concerns
Standard & Poor's lowered Meta's credit outlook to negative, citing risks associated with elevated capital expenditures and cash flow.
IDBI Bank
Canada India Bank deal faces opposition from workers and politicians
Workers and politicians oppose the $5.5 billion takeover of IDBI Bank by a Canadian firm. IDBI staff are asking the government to cancel the privatization process to protect public investment.
HotReddit
Reddit quarterly revenue growth surpasses The Trade Desk for The first time
Reddit quarterly revenue growth has overtaken The Trade Desk for the first time, reversing years of trailing behind the ad-tech company.
HotApple
Apple reports earnings under new chief executive
Apple releases a rare Monday earnings report as investors assess how CEO John Ternus handles rising memory costs and softer consumer spending.
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