(Peloton) Peloton Interactive Inc. shares rose 5% on Friday after its preliminary second quarter of 2022 revenue hit $1.14 billion, within the guidance of $1.1 billion to $1.2 billion. The…
(WSJ) Intel Corp. is reportedly seeking to invest more than $20 billion in Ohio’s new chip making facility. The plans come amid heightened demand for digital products and chip shortages…
(Netflix) Shares of Netflix Inc. fell more than 20% in premarket trading on Friday as the company said it expects to add 2.5 million subscribers in the first quarter of…
(CNBC) Shares of tech start-up Luminar rose more than 18% on Thursday after Mercedes-Benz said it will use its lidar technology. Under the terms of the deal, Mercedes will buy…
(Bloomberg) Neuralink, a brain implant startup of Elon Musk, is seeking to fill the role of a clinical trial director in the latest hint that it is nearing its promised…
(FT) Facebook Owner Meta is working to allow users to create and sell non-fungible tokens as Facebook’s parent company seeks to join firms trying to capitalize on NTFs mania. Teams…
(American Airlines) American Airlines Group recorded a revenue of $9.4 billion in the fourth quarter of 2021, a record since the pandemic started and more than the forecast $9.38 billion.…
(Valneva) Three doses of inactivated Covid-19 vaccine of biotech company Valneva have been found to have an 87% effectiveness against the Omicron variant. The vaccine candidate, VLA2001, which also carries…
(BoA) Bank of America posted a $7.01 billion net income or $0.82 per share in the fourth quarter of 2021, up 28% from the prior year and more than expected…
(Bloomberg) Shares of Sony Group Corp. plunged 13% on Wednesday, wiping out $20 billion of value following the $69 billion Microsoft deal for Activision Blizzard Inc. The 13% fall in…
(Goldman Sachs) Shares of Goldman Sachs fell more than 4% on Tuesday as the company reported a fourth-quarter profit of $3.94 billion or $10.81 a share, down 13% from last…
(Microsoft) Microsoft is close to reaching a deal to acquire Activision, the video game maker behind the “Call of Duty” franchise, the company’s largest-ever takeover. The acquisition will accelerate the…