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Canoo Q2 2022 report: $1 billion in sales pipeline, but only $33.8 million in cash left

Canoo Q2 2022 report: $1 billion in sales pipeline, but only $33.8 million in cash left

US startup EV Canoo has shared its latest report outlining its results for the second quarter of 2022 as it continues to fight to stay out of red in a race to production. Canoo now reports another big loss for the quarter. And, while it has $1 billion in its sales pipeline, only a minority …

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Amazon is buying Roomba maker iRobot in a $1.7 billion cash deal

Amazon is buying Roomba maker iRobot in a $1.7 billion cash deal

Comment this story Comment Amazon devices are listening, watching, and will soon clean up after you. The e-commerce giant is to acquire iRobot – best known for its Roomba robotic vacuum cleaner – in a $1.7 billion all-cash deal, the latest leg of its push into the home. From fitness wearables to streaming devices to …

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Pioneer Returns Over 95% of Free Cash Flow to Investors on Big Profits

Pioneer Returns Over 95% of Free Cash Flow to Investors on Big Profits

Investing Club holding Pioneer Natural Resources (PXD) reported better-than-expected earnings after the closing bell on Tuesday. Total revenue of $6.92 billion exceeded expectations of $6.89 billion. Adjusted diluted earnings of $9.36 per share were better than the $8.81 per share expected by the street. Operating cash flow for the quarter of $3.22, a bit short …

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