Tag: Market share

BusinessManufacturing

Tesla Q3 Profits Slump Despite Revenue Growth as Costs Mount

Tesla reported a significant 37% drop in net income despite achieving its first revenue increase in three quarters. The electric vehicle maker faced pressure from lower vehicle prices and rising operational expenses linked to artificial intelligence projects.

Tesla’s Profitability Challenge

Tesla faced a challenging third quarter as increased costs significantly outweighed revenue growth, according to reports from CNBC’s Daily Open newsletter. Despite achieving a 12% year-over-year revenue increase—marking the company’s first revenue growth in three quarters—net income reportedly plunged 37% from the same period last year.

by Gabriel Novak
EconomyPolicyTrade

U.S. Trade Deficit With China Plummets as Imports Shift to Vietnam, Mexico, and India

A deep dive into U.S. trade data reveals a dramatic decline in imports from China, with eight key categories falling by more than half since 2018. This shift has significantly altered global supply chains and the overall U.S. trade deficit. The data indicates a complex trade war outcome with manufacturing moving to other nations.

Major Shift in U.S. Import Landscape

According to an analysis of U.S. Census Bureau data, eight of the top ten U.S. imports from China in 2018 have fallen by more than 50% as of the latest data through July. Five of these categories have reportedly declined by over 60%, signaling a substantial realignment of global trade flows. This shift occurs as the U.S. trade deficit with China has dropped by 52.94% from 2018 levels, falling from $296.54 billion to $194.98 billion in the first seven months of this year.

by Aaron Blake
Assistive TechnologyBusiness Acquisition

Apple’s Strongest Q3 Ever Driven by iPhone 17 Sales Success

Apple has achieved its strongest third quarter ever, driven by robust iPhone 17 sales. The lineup’s standout features and new iPhone 17 Air model captured consumer interest, boosting shipments by 4% year-over-year in Q3 2025.

iPhone 17 Lineup Drives Record Q3 Performance

Apple has posted its strongest third quarter ever, with the iPhone 17 lineup leading the charge. The base iPhone 17 impressed with upgraded storage at the same price, while the new form factor of the ultra-slim iPhone 17 Air and iterative Pro model upgrades resonated globally.

by Aaron Blake
Assistive TechnologyComputer Hardware

iPhone 17 Demand Narrows Market Share Gap Between Apple and Samsung

Apple’s iPhone 17 lineup has driven the company to nearly match Samsung’s smartphone market share in Q3, according to IDC data. Apple captured 18.2% market share compared to Samsung’s 19% as premium phone demand defies economic challenges. The achievement highlights how innovative financing and hardware continue to reshape the smartphone landscape.

iPhone 17 demand has propelled Apple to nearly match Samsung’s global smartphone market share in the third quarter, according to new data from International Data Corporation. The latest figures show Apple capturing 18.2% market share compared to Samsung’s 19%, marking the closest the two tech giants have been in recent quarters despite challenging economic conditions.

Market Share Numbers Show Tightening Competition

by Aaron Blake
Business AcquisitionFinance

Buy-Side Firms Accelerate Outsourced Trading Adoption as State Street Expands Global Footprint

Major financial institutions are rapidly expanding their outsourced trading operations as asset managers and hedge funds increasingly delegate execution to third-party providers. State Street’s Frankfurt expansion and Marex’s Asian hiring reflect growing demand for cost-effective trading solutions across equities, fixed income, and derivatives.

Outsourced trading is experiencing unprecedented growth as financial institutions including State Street Corporation, Marex Group, and Jefferies Financial Group expand their global operations to meet surging demand from asset managers and hedge funds. This strategic shift comes as buy-side firms seek greater efficiency, cost reduction, and access to specialized execution capabilities across multiple asset classes and geographic regions.

Global Expansion of Outsourced Trading Desks

by Gabriel Novak