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JLR Owner Misses Profit Estimate Stung by Luxury Unit Weakness

Tata Motors Passenger Vehicles Ltd., the parent of Jaguar Land Rover, reported a lower-than-expected quarterly profit, as the weakness in its UK luxury unit offset strong sales in India.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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10 Thursday AM Reads

My morning reads: • Corporate America Has Suddenly Decided to Stop Blowing Money on AI: Companies big and small are mixing models and it’s changing the economics and power players of the industry.

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