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The Latest
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Disney Earnings Growth Beat Expectations, Signaling Strong Recovery
The Walt Disney Company reported strong earnings for its first fiscal quarter, which is attributed to strong streaming revenues. The Walt Disney Company reported strong earnings for its first fiscal quarter, which is attributed to strong streaming revenues. -
Peloton Moving To Cut Workforce And Replace CEO
Peloton Interactive will replace John Foley with former Spotify and Netflix CFO Barry McCarthy, effective Wednesday. Peloton Interactive will replace John Foley with former Spotify and Netflix CFO Barry McCarthy, effective Wednesday. -
Sequoia Capital Leads $450 Million Investment In Polygon Blockchain
Sequoia Capital was joined by SoftBank, Galaxy Digital, and Tiger Global for the $450 million investment in Polygon. Sequoia Capital was joined by SoftBank, Galaxy Digital, and Tiger Global for the $450 million investment in Polygon. -
Nvidia Abandons Plans To Acquire Arm Following Regulatory Actions
Nvidia is reportedly giving up on its plans to acquire Arm following significant pushback from regulators in the U.S. and the UK. Nvidia is reportedly giving up on its plans to acquire Arm following significant pushback from regulators in the U.S. and the UK. -
Frontier To Acquire Spirit To Create Fifth-Largest Airline In U.S.
Spirit Airlines' stock price surged by more than 18.7% following the announcement of Frontier's merger plans. Spirit Airlines' stock price surged by more than 18.7% following the announcement of Frontier's merger plans. -
Amazon, Nike Mulling Bid To Acquire Peloton, Stock Soars
Peloton's stock price soared by nearly 30% after reports emerged that Amazon was considering an acquisition. Peloton's stock price soared by nearly 30% after reports emerged that Amazon was considering an acquisition. -
Amazon To Raise Prime Membership Prices Amid Inflation
Amazon will increase the annual membership rates from $119 per year to $139 per year. Amazon will increase the annual membership rates from $119 per year to $139 per year. -
Snap Reports First Quarterly Net Profit, Shares Surge
Snap's stock price surged by more than 62% after it reported its first-ever quarterly net profit. Snap's stock price surged by more than 62% after it reported its first-ever quarterly net profit. -
Alphabet Closer To $2 Trillion Valuation As Stock Price Surges
At the end of trading Wednesday, Alphabet's market valuation surged to $1.97 trillion after briefly exceeding $2 trillion at its peak. At the end of trading Wednesday, Alphabet's market valuation surged to $1.97 trillion after briefly exceeding $2 trillion at its peak. -
Starbucks Reports Slightly Lower Holiday Profits Amid Inflation
Starbucks said it may be forced to increase prices once again due to the surge in prices of materials and labor. Starbucks said it may be forced to increase prices once again due to the surge in prices of materials and labor.