The Ups and Downs of Stocks
Get a quick snapshot of the stock market's top gainers and decliners in this concise update. Stay informed about the companies experiencing significant shifts in stock prices and understand the factors driving their perfo...
The Musk Legacy
In a recent revelation, Tosca Musk, the CEO of streaming service Passionflix and younger sister of Elon Musk, opened up about the misconceptions surrounding her financial situation. D...
Peloton's Bold Rebranding
Peloton (NASDAQ:PTON) has undergone ups and downs in recent years. The COVID-19 pandemic led to a surge in sales as people sought at-home exercise options. Now, Peloton aims to rebrand itself by shifting focus to the more a...
Revving Up for the Future
General Motors and Ford, two automotive powerhouses, are not slowing down. Despite their significant investments in future electric vehicles, they are also making substantial commitments to internal comb...
Tesla's Stock Skyrockets
Tesla, Inc. (NASDAQ:TSLA), a leading electric vehicle manufacturer known for its innovative technology and sustainable vision, has witnessed a remarkable surge in its stock performance this year. With nearly doubled value, T...
Warning Signs for Nio
Nio Inc., a prominent Chinese electric vehicle manufacturer, experienced a downturn in its U.S.-listed stocks on Friday after unveiling its first-quarter financial results. The company's revenue fell short of expectations prima...
Inside Kardashian's Financial Empire
Kim Kardashian, the renowned entertainer, took center stage at the SuperReturn conference in Berlin on Wednesday, where she discussed the achievements of her private equity firm, SKKY Partners.
Fo...
Exclusive Deals and Backlash
Spotify has implemented substantial transformations within its podcasting department, resulting in the streamlining of operations and a renewed focus on empowering podcast creators. As part of this strategic shift, the c...
Walmart's Surprising Shutdown
Walmart's closure of multiple stores, including the Neighborhood Market in Overland Park, reflects the evolving retail industry. This article examines the reasons behind these closures and the impact of changi...
Stock Meltdown
Advance Auto Parts Inc., a top auto parts seller, saw its stock prices decline on Wednesday due to disappointing Q1 earnings, reduced dividend, and lowered full-year outlook amidst intense pricing competition.
Stock Performance and T...
Crypto King's Downfall
Federal prosecutors reject Sam Bankman-Fried's defense claims and maintain criminal charges for alleged investor theft in his cryptocurrency fund.
Following his December extradition from the Bahamas, Sam Bankman-Fried, 31, ha...
Cineworld's Battle for Survival
Cineworld, the world's second-largest cinema chain, aims to exit bankruptcy protection in July. The company, listed on the London Stock Exchange, has gained further support from lenders for its restructuring plan afte...
Record-breaking Quarter
Dick's Sporting Goods (NYSE: DKS) witnessed a surge in premarket trading on Tuesday after releasing its outstanding Q1 earnings results, which surpassed analysts' expectations.
Maximizing Financial Performance
Adjusted EP...
Cisco beats expectations
Cisco, the networking giant, exceeded expectations in its fiscal third-quarter results, reporting a revenue of $14.6 billion, a 14% YoY growth. The company's GAAP gross margins improved to 63.4%, reinforcing confidence in ra...
Musk's definitive statement
At Tesla's annual shareholder meeting in Austin, Texas, CEO Elon Musk acknowledged the company's vulnerability to the global economy and provided insights into the challenges it may face over the next 12 months.
Rumor Cl...
Investor alert
Wells Fargo settles $1B class action lawsuit over mishandling of phony account scandal, ending a decade-long fallout.
Key Facts
Preliminary settlement: The $1 billion settlement figure was reported by the Wa...
Beyond the commute
US mass transit is in crisis due to the pandemic and remote work, with smaller systems recovering quickly while larger ones like WMATA and BART struggle to survive.
Financial Peril
In the age of remote work, transit systems stru...
The two-fаced campaign
Introduce Vivek Ramaswamy and his campaign message urging companies to stay out of politics.
However, private emails obtained by watchdog Documented and reviewed by CNBC reveal that Strive Asset Management, the asset manageme...
Disney's streaming woes continue
Disney's streaming service, Disney+, lost 4 million or 2% paid subscribers in Q2 FY23, ending the quarter with 157.8 million users.
The decline was mainly due t...
Adidas' path to recovery
Adidas AG is grappling with a mountain of unsold Yeezy sneakers and apparel worth €1.2 billion, stemming from a cancelled collaboration with rapper and designer Ye, formerly known as Kanye West.
The German sneaker make...
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