BMW Sees Auto Margin Flat on Year

BMW said it expected a stable margin for its automotive division this year but forecast a lower group earnings margin as used-car demand falls and investments peak. 


 
Galderma Prices IPO at Top of Range

Swiss skincare company Galderma, backed by buyout firm EQT, has priced its initial public offering at around $60 a share, in this year's largest float so far. 


 
XPeng Shares Fall in Hong Kong as Alibaba Continues to Trim Stake

XPeng's stock fell sharply in Hong Kong as Alibaba sold more shares in the electric-vehicle maker, potentially divesting itself of noncore assets. 


 
Amazon's New Focus: Fending Off Rivals Temu and Shein

The e-commerce companies with Chinese roots have, for now, replaced Walmart and Target as Amazon's central competitive focus. 


 
Shein to Market Its Unique Supply-Chain Technology to Global Brands

The China-founded fashion giant is shifting its business strategy as it faces U.S. challenges. 


 
Elon Musk's Neuralink Shows First Patient Using Its Brain Implant

A man paralyzed in a diving accident moved a computer cursor with his thoughts. 


 
Apple Faces Legal Protest From Meta, Microsoft, X, Spotify and Match

Five tech companies object to Apple's new app store policies related to payment for services. 


 
Micron's stock rockets higher as company delivers big, AI-fueled earnings beat

The memory-chip company swung to a surprise profit and vastly exceeded the consensus view with its outlook. 


 
Chewy says pet business is 'recession resilient,' but offers this warning

Chewy Inc. surprises Wall Street with a quarterly profit. 


 
Five Below Rethinks Self Checkout to Combat Theft

Five Below logged a big jump in sales in the latest quarter amid a real estate expansion plan, but said its profitability was hit by higher-than-expected shrinkage, including theft.


(END) Dow Jones Newswires

03-21-24 0515ET