US Consumer Sentiment Plunges 8.2% in February to the Lowest in a Decade
(University of Michigan) The Index of Consumer Sentiment in the US fell 8.2% in February from January to 61.7, the worst in a decade. Compared to last year, the index…
Zillow Revenue in Q4 2021 Beats Estimates on Robust Home Segment
(Zillow Group) Zillow stock surged more than 13% on Friday after the company announced a fourth-quarter 2021 revenue of $3.88 billion, up from $89 million in the prior year. The…
Cassava Sciences Gets Relief as FDA Declines a Petition to Stop Alzheimer Drug Trials
(WSJ) US Food and Drug Administration has declined a petition filed by short-sellers seeking to stop the clinical trials of Cassava Sciences Inc. Alzheimer drug. Two short-sellers had alleged that…
IEA Warns of Tightness in Oil Markets as OPEC+ Pump Below Capacity
(IEA) The International Energy Agency says oil markets are still tight, warning that OPEC+ members produced 900,000 barrels per day in January, below target. The oil organization raised the demand…
Affirm Falls 9% as Wider Net Losses in Q2 22, Weaker Forecast Dampens Sentiment
(Affirm) Shares of Affirm Holdings Inc. fell 9% on Friday after reporting a wider net loss of $159.7 million in the second quarter of 2022, from a loss of $26.6…
Salesforce Reportedly Working on an NFT Cloud Service for Its Enterprise Software
(CNBC) Salesforce executives have reportedly revealed to their employees a plan to release an NFT cloud. Salesforce Co-CEOs Marc Benioff and Bret Taylor are said to reveal the plan at…
UK Economy Grows 7.5% in 2021, the Most in 80 Years
(ONS) UK gross domestic product improved by 7.5% in 2021, the strongest since 1941, making it the fastest-growing economy in the developed world in the year. The robust GDP happens…
US Consumer Prices Jump by an Annual 7.5%, the Highest in 40 Years
(BLS) US inflation rose by 7.5% over the last 12 months to the end of January, above December’s rate of 7% and forecasted 7.2%. The rate was the highest since…
Twitter’s Earnings in Q421 Misses Estimates but Affirms Goal to Reach 315M DAUs
(Twitter) Twitter reported a revenue of $1.57 billion in the fourth quarter of 2021, up 22% from the prior year but below estimates of $1.58 billion. Growth in advertiser demand…
Delivery Hero Plunges 30% As FY22 Outlook Dampens Sentiment
(Delivery Hero) Shares of Delivery Hero fell by 30% on Thursday after the company said it expects its platform to reach breakeven level in FY22. The company said that it…
Bill Miller Likens Bitcoin to an Insurance Policy, Reveals Sizeable Holding
(Markets Insider) Legendary investor Bill Miller says Bitcoin is like an insurance policy that can guard against catastrophic financial events. Miller agreed with the notion that Bitcoin carries no intrinsic…
Credit Suisse Books $2.007 Billion Net Loss in the Fourth Quarter of 2021
(Credit Suisse) Banking giant Credit Suisse announced a net loss of $2.007 billion in the fourth quarter of 2021, more than a loss of $353 million in the fourth quarter…
- Go to the previous page
- 1
- …
- 196
- 197
- 198
- 199
- 200
- 201
- 202
- …
- 397
- Go to the next page