You could launch a rock into oblivion and likely land on a reason to boycott Netflix. Whether it’s the fluctuating prices, the lack of quality content, or the company’s failure to properly address anti-trans jokes made by its hired talent, the streaming platform has pissed off enough people to...
Robert Mason is the Global Regulatory Lead at Relativity. He discusses how Meme Stocks can be better regulated in the unstable marketplace Stock markets are interesting on a normal day, but now we have the excitement of watching professional investors face off with retail traders who have learned how to...
Amazon stock plunged to a two-year low as shares slid as much as 12% on Friday morning after the company reported its first-quarter results yesterday. The company reported a loss of $3.84 billion, or $7.56 a share, for the first quarter....
Twitter’s chief executive, Parag Agrawal, sought to quell employee anger on Friday during a company-wide meeting where employees demanded answers to how managers planned to handle an anticipated mass exodus prompted by Elon Musk. The meeting comes...
Airbnb staff will be able to work from almost anywhere they want, the company has announced, and they won’t see their pay docked if they move outside metropolitan areas. The new model will apply to staff in the US,...
Berkshire Hathaway shareholder meeting’s pregame is nothing short of an extravaganza. Thousands of Berkshire shareholders flocked to Omaha, Nebraska, this weekend for the annual meeting Saturday. Before hearing from Warren Buffett and Charlie Munger, investors gathered in a sprawling convention center...
Amazon shares dropped as much as 10% in extended trading on Thursday after the company issued a revenue forecast that trailed analysts’ estimates. Here’s how the company did: Earnings: $7.38 per share, adjusted, vs. $8.36 expected, according to Refinitiv Revenue: $116.44 billion vs. $116.3 billion expected, according to Refinitiv Here’s how other key Amazon segments did during...
WASHINGTON/LONDON, April 28 (Reuters) - The U.S. dollar touched a two-decade high against rivals on Thursday, as Wall Street rallied and European shares rose from six-week lows with strong earnings reports offseting gloomy U.S. economic data. The yen dropped to a 20-year low after the Bank of Japan vowed to...
After recent sell-offs, the EV stock is now down roughly 21% year to date. What happened Shares of Tesla (TSLA -0.45%) are losing ground in Thursday's trading session. The electric vehicle leader's stock was down roughly 6% at 10:15 a.m. today. Meanwhile, the Nasdaq Composite index was up roughly 0.3%. The sell-offs appear to be connected to CEO Elon...
Retail brokerage firm Robinhood reported a wider-than-expected loss and shrinking revenue for the first quarter, showing signs that the small-dollar trading boom that captivated Wall Street a year ago may have run out of steam. Shares of the company were down more than 11% in after hours trading, hitting all-time...
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