Shares of Virgin Galactic Holdings Inc. (NYSE:SPCE) rose about 13.02% on Tuesday, recovering some losses from the recent slump that saw the stock touch a low of $7.67. The last time the stock traded a...
Category: Finance
Live Finance News Updates.
Qualcomm stock slips following strong earnings and outlook
Qualcomm Inc. shares slipped in the extended session Wednesday as the chip maker’s quarterly results and outlook topped Wall Street estimates, but certain business segments fell short of expectations....
We’re being harsh on companies that went public via SPAC
Boxed: “We are being very harsh on companies that came public via SPAC, even ones we like, so I’m just going to have to say I’m withholding.” Graphic Packaging: “I happen...
Spotify sinks 20% on disappointing guidance for subscriber growth
Spotify Technology SA (NYSE: SPOT) on Wednesday said its Q4 results topped Street estimates, but shares still tanked 20% in extended trading on disappointing guidance for subscriber growth. What Spoti...
Waste Management CEO Jim Fish touts ‘pretty darned robust’ 2022 outlook
Waste Management CEO and President Jim Fish on Wednesday expressed confidence in the company’s 2022 prospects, despite the continued presence of inflationary pressures. “Our guidance that ...
1.2 Million Opioid Overdose Deaths Expected In U.S. And Canada By 2029, Experts Warn
Topline More than 1.2 million people will die from opioid overdoses in the U.S. and Canada by 2029 if no action is taken to tackle the growing epidemic, warns a group of leading health experts on the ...
‘we had our best growth year ever’
T-Mobile US Inc (NASDAQ: TMUS) reported market-beating earnings for its fiscal Q4 and gave solid guidance for 2022 on Wednesday, resulting in a 10% increase in the stock price after-hours. Important p...
Web World NFT Collection Now Available on OpenSea » NullTX
At writing, the NFTs are listed at 0.1 ETH ($275) on OpenSea. Each country NFT represents the corresponding area on the Web World map. In addition, each Web World NFT is unique and fully replicates th...
Airlines ask Biden to drop Covid testing for vaccinated travelers before U.S.-bound flights
A traveler wears a face mask while checking their phone on the arrivals level outside the Tom Bradley International Terminal (TBIT) at Los Angeles International Airport (LAX) amid increased Covid-19 t...
Penelope Spheeris Shares Her Meat Loaf Memories And Talks ‘Wayne’s World’ At 30
Director Penelope Spheeris (left) on the set of ‘Wayne’s World’ with Mike Myers and Dana Carvey. Suzanne Tenner It’s been 30 years since Wayne’s World became a box office...
Can Alphabet Inc. sustain the bullish momentum after Q4 2021 financial results?
Alphabet Inc. (NASDAQ:GOOGL) has jumped 8% in about a week amid projections that the firm would beat revenue and earnings consensus estimates in the upcoming fourth-quarter results. The technology gia...
Snap Stock Plunges On Facebook Report| Investor’s Business Daily
Snap (SNAP) and Pinterest (PINS) both tanked in after-hours trading Wednesday, following a fourth-quarter earnings report from Facebook parent Meta Platforms (FB) that missed estimates across the boar...
DeepDAO Unveils First-Ever Specialized Search Engine For DAO Ecosystem And Its Users
A data aggregator and analytics tool, DeepDAO, disclosed the launch of the very first specialized search engine for the DAO ecosystem and the people involved in it. With the search engine, individual...
Biden urges against USPS plan to spend billions on gas vehicles
A postal worker loads a delivery truck on October 01, 2021 in Chicago, Illinois. Scott Olson | Getty Images The Biden administration on Wednesday attempted to halt the U.S. Postal Service’s plan...
Havana Syndrome May Be Caused By Directed Energy, Intelligence Panel Finds
Topline Some of the mysterious set of symptoms known as “Havana syndrome” that has plagued hundreds of American diplomats stationed overseas may be caused by directed energy, according to the findings...
‘not much to like here’
Meta Platforms Inc (NASDAQ: FB) reported lower-than-expected earnings for the fiscal fourth quarter on Wednesday. The stock crashed over 20% after-hours as future guidance disappointed shareholders as...
Cryptocurrencies: 5 top investing strategies
Are you at a loss for the “right” investing strategy for cryptocurrencies? The most popular way is to buy and hold long-term, which was how early Bitcoin adopters did. However, the landscape has chang...
Ferrari has a lot riding on its new SUV, the Purosangue
Ferrari logo Dean Mouhtaropoulos Ferrari has a lot riding on its much-anticipated and hotly debated SUV, called the Purosangue, to be unveiled later this year. Ferrari CEO Benedetto Vigna, who has bee...
U.S. Olympic Flag Bearer Out With Covid-19 As Tests Shows Virus Spreading In Beijing’s Olympic Bubble
Topline Four-time Olympian bobsledder Elana Meyers Taylor is no longer able to lead the way for Team USA as a flag bearer at the opening ceremony for the Beijing Winter Olympics after testing positive...
PayPal Stock Crash Wipes Out Over $50 Billion In Market Value After Company Lowers Profit Outlook
Topline Shares of payments giant PayPal had their worst day on record—plunging roughly 25%—after the company issued disappointing revenue and profit forecasts for 2022, citing factors like higher infl...
Spotify plunges after Q4 earnings on weak guidance amid Rogan outcry
Editor’s Note: This post is breaking and will be updated Spotify (SPOT) reported fourth quarter financial results on Wednesday that beat Wall Street expectations — although the stock plunged aft...
OpenSea Again Faces ‘vampire attack’ By Singapore-Based NFT-Marketplace Mintable
The NFT marketplace is supported by Mark Cuban, who claimed the move as a “vampire attack” against the world’s leading NFT marketplace, OpenSea, by selling the popular collectibles at a loss. On Jan 2...
Shares of EV start-up Electric Last Mile plunge more than 50% after CEO, chairman resign
The ELMS Urban Delivery, anticipated to launch later this year, is expected to be the first Class 1 commercial electric vehicle available in the U.S. market and will be produced at the Company’s...
Capri Holdings, Boston Scientific, Brinker and others
Check out the companies making headlines before the bell: Capri Holdings (CPRI) – The company behind Michael Kors and other luxury brands reported better-than-expected earnings for its latest quarter ...
NBCUniversal May Follow’s Sinclair’s Lead And Launch A DTC RSN Service
Photo by David McNew/Getty Images. Getty Images Taking the lead from Sinclair Broadcast Group’s subsidiary Diamond Sports Group, NBCUniversal appears to be preparing a direct-to-consumer (DTC) offerin...
TJX, Burlington, Ross Stores have ‘substantial’ upside this year
The off-price retailers are likely to expand market share in 2022, says BofA Securities’ Lorraine Hutchinson. Her top picks in this subsector are TJX Companies, Burlington, and Ross Stores. High...
What to Look For From AMZN
Key Takeaways Analysts estimate EPS of $3.78 vs. $14.09 in Q4 FY 2020. Amazon Web Services revenue is expected to rise YOY. Companywide revenue is expected to rise, but at its slowest pace in years. A...