Oct 11 (Reuters) - Polestar said on Friday that it expected to achieve a positive gross profit margin in the fourth quarter despite its electric vehicle deliveries falling 14% in the third quarter. Polestar, which is majority owned by China's Geely , has been grappling with weakening demand for its vehicles owing to factors such as high interest rates, prompting...

(Reuters) -Polestar said on Friday that it expected to achieve a positive gross profit margin in the fourth quarter despite its electric vehicle deliveries falling 14% in the third quarter. Shares of the Swedish company fell 3.8% in premarket trading. Polestar, which is majority owned by China's Geely, has been grappling with weakening demand for its vehicles owing to factors...

07:34 AM EDT, 10/11/2024 (MT Newswires) -- Turbo Energy ( TURB ) shares were up nearly 14% pre-bell Friday, extending Thursday's rally. Aehr Test Systems ( AEHR ) stock was 13% higher after the company overnight reported fiscal Q1 financial results that topped Capital IQ analysts' estimates. Agba Group ( AGBA ) shares were up 12% after the company said...

07:30 AM EDT, 10/11/2024 (MT Newswires) -- Novo Nordisk ( NVO ) is planning to boost its operations in India by hiring more officials in the country while forging partnerships with local artificial intelligence start-ups, Reuters reported Friday, citing a company executive. John Dawber, Novo Nordisk's ( NVO ) managing director for global business services, told Reuters that the company...