finance
The Latest
-
IBM Reports Strong Q1 Earnings, Shares Surge By 3%
IBM reported earnings of $1.40 per share on revenues of $14.2 billion for its first quarter. IBM reported earnings of $1.40 per share on revenues of $14.2 billion for its first quarter. -
Netflix Plans To Launch Cheaper Subscriptions With Ads, Shares Dip Even Further
Nearly $50 billion was wiped out from the company's market capitalization after its stock dropped by more than 35%. Nearly $50 billion was wiped out from the company's market capitalization after its stock dropped by more than 35%. -
Streaming Stocks Drop After Netflix Reported Subscriber Decline
Stock prices of Netflix's competitors, including Roku, Paramount, and Disney, fell sharply after the streaming service forecasted additional losses in subscribers in the coming quarters. Stock prices of Netflix's competitors, including Roku, Paramount, and Disney, fell sharply after the streaming service forecasted additional losses in subscribers in the coming quarters. -
Elon Musk Working To Secure Financing For Twitter Takeover
Elon Musk is reportedly working with Morgan Stanley to secure funds from investors for his planned Twitter acquisition. Elon Musk is reportedly working with Morgan Stanley to secure funds from investors for his planned Twitter acquisition. -
AT&T Stock Skyrockets Following Confirmation Of Mega-Merger
AT&T's stock surged by nearly 8% Monday, while the new merged company's stock climbed by 1.3%. AT&T's stock surged by nearly 8% Monday, while the new merged company's stock climbed by 1.3%. -
Coinbase Shuts Down Payment Service In India Days After Launch
Coinbase suspended the payment services on its platform for Indian users just three days after it was launched. Coinbase suspended the payment services on its platform for Indian users just three days after it was launched. -
Kohl's Confirms Receiving Multiple Acquisition Proposals
Bidders for Kohl's include Saks Fifth Avenue's parent company HBC, and private equity firms Sycamore Partners and Leonard Green Partners. Bidders for Kohl's include Saks Fifth Avenue's parent company HBC, and private equity firms Sycamore Partners and Leonard Green Partners. -
Alibaba Raises Buyback Program To Record $25 Billion
The increase of its buyback program comes as Alibaba still faces pressure from increased regulatory scrutiny and decreased growth. The increase of its buyback program comes as Alibaba still faces pressure from increased regulatory scrutiny and decreased growth. -
Airline Stocks Plummet As Jet Fuel Prices Surge
Analysts expect airlines, already pummeled by the pandemic, to dramatically reduce their quarterly earnings forecasts given the recent surge in jet fuel prices. Analysts expect airlines, already pummeled by the pandemic, to dramatically reduce their quarterly earnings forecasts given the recent surge in jet fuel prices. -
More Than $54.7 Million Worth Of Crypto Donated To Ukraine
Data from blockchain analytics company Elliptic showed that more than $54.7 million worth of crypto has been donated to Ukraine. Data from blockchain analytics company Elliptic showed that more than $54.7 million worth of crypto has been donated to Ukraine.