Text size These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity’s attaining more than 5% in any class of a company’s securities....
Tag: Companies
Retail Stocks Got an Earnings Boost. Why There’s No Comfort in That.
Text size Many retailers are still struggling with the high inventories, with profits dragged down by pricier supply-chain and transport costs. Spencer Platt/Getty Images Investors breathed a sigh of ...
The Boss May Not Like It. But Millions of Workers Aren’t Coming Back to the Office.
Erin Li, a 29-year-old working for an advertising firm in Los Angeles, is looking for a new job that allows full-time remote work. Li is worried that her current employer will require her to work fro...
GameStop, Apple, Kroger, NIO, and Other Stocks for Investors to Watch This Week
Text size U.S. stock and bond markets will be closed on Monday for Labor Day. It’s a quiet week on the earnings calendar once investors return from the long weekend, but a few major economic-data rele...
Lucid Stock Takes a Tumble. Why? Look at the Shareholder Mix.
Illustration by Elias Stein Text size A sudden drop in Lucid Group ’s stock price highlights a key investing insight: Shareholder mix matters. The electric-vehicle maker’s shares (ticker: LCID) fell 6...
UBS, Wealthfront call off $1.4 billion deal
UBS nixed a $1.4 billion deal to buy robo-advisory firm Wealthfront, the companies said. UBS said the two companies mutually agreed to terminate their merger agreement, which they announced in January...
Chinese E-Commerce Companies Suffer as Economy Sours
Chinese consumers are cutting back on discretionary purchases and becoming more thrifty as the country’s economic slowdown drags on, impeding the once-inexorable growth of the country’s e-commerce com...
BlackRock taps Kraken’s CF Benchmarks to power its bitcoin offering: Exclusive
BlackRock will use Kraken’s CF Benchmarks bitcoin index pricing product for its first crypto offering. The world’s largest asset manager’s bitcoin product will be benchmarked by CF Benchm...
Investors Are Suing Companies Over This Poor-Performing Retirement Fund. Do You Have One?
Target-date funds may be cramping your retirement. Between July 29 and Aug. 2, lawyers representing current and past participants in six separate retirement plans filed suit against their employers an...
Snap to ‘sunset’ web3 team in company restructuring
Snapchat parent Snap Inc. appears to be shuttering its web3 team in light of a company-wide restructuring plan that calls for reducing overall staff by about 20%. One of the team’s founders, Ja...
Energy Stocks At New Highs: These Natural Gas And Electric Companies Find Buyers
The stock market’s new highs list is shrinking as we head into the long holiday weekend. But two energy stocks are worth highlighting after news that Russia has suspended natural gas pipeline sh...
Nvidia and AMD Stock Tumble as U.S. Limits Exports to China
Text size Nvidia’s A100 chips are used in data centers for high-performance applications such as artificial intelligence. Courtesy NVIDIA Nvidia can’t catch a break. Late Wednesday, the chip mak...
Prices Regulate Activity. Let’s Empower Insurance Companies To Save Young Lives
The memory is hazy as to the exact year, but seemingly ten or fifteen years ago an auto insurer offered a novel option for drivers: lower prices if the insurer could track the driving style of the ins...
China’s electric car companies are safe from the U.S. Nvidia chip ban
Nvidia has found success in China by selling automotive chips to the country’s electric car companies. But the U.S. semiconductor giant has been restricted from sending some products to China. S...
Bitcoin Mining Difficulty Spikes as Profitability Drops for Mining Companies
Bitcoin is becoming harder to mine. The mining difficulty for the world’s biggest cryptocurrency’s jumped by 9.26% over the last two weeks, according to data from BTC.com. Analysis by the website show...
Crypto miner PrimeBlock’s CEO leaves the company
PrimeBlock CEO Gaurav Budhrani has left the crypto mining and infrastructure company, according to CoinDesk and his LinkedIn profile. Budhrani’s departure comes on the heels of PrimeBlock’...
Small businesses desperate for workers even as companies slow hiring
While some companies have slowed the pace of hiring due to concerns about an economic slowdown, the demand from small businesses for new workers has not yet shown signs of declining, Paychex CEO Marty...
Four of the Hottest Blockchain Game Companies in 2022
The Metaverse is one of the hottest trends of the past year, promising a new collaborative online experience where users can explore and engage in persistent virtual worlds. While Web3 technology is f...
C3.ai Stock Tumbles. It Sees Lower Revenue and Is Changing Business Models.
Text size Software provider C3.ai is shifting to a consumption-based business model like Amazon Web Services. Dreamstime Artificial intelligence software company C3.ai slashed its revenue outlook and ...
Struggling crypto lender Holdnaut granted judicial management
Hodlnaut was granted interim judicial management and creditor protection via court order on Tuesday. The judge appointed Ee Meng Yen Angela and Aaron Loh Cheng Lee from EY Corporate Advisors as the cr...
Hiring Slows For Second-Straight Month As Companies Digest ‘Conflicting’ Economic Data, ADP Reveals In Latest Jobs Report
Topline As ongoing interest rate hikes fuel uncertainty over the economy, job growth among private U.S. employers slowed for the second consecutive month in August, according to payroll processor ADP,...
Communities Benefit When Employee-Owned Companies Make Them Their Homes
One of the key impacts of the pandemic and the societal events of the past two years has been the rise of purpose-led companies. The keynote address at the recent 2022 National Center for Employee Own...
3D Printing Companies To Watch At Top Manufacturing Show
HP’s 3D printing solutions for General Motors, Nissan, and other major automakers and OEMs speak … [+] to these market changes toward scaling additive manufacturing to commercial product...
AMD’s Aggressive Chip Pricing Will Help It Beat Intel, Says Analyst
Text size A Ryzen 7000 Series desktop processor will start at $299. AMD Advanced Micro Devices will grab even more market share if Wedbush is on the money about the chip maker’s latest lineup of proce...
ChargePoint Earnings Are Today. What to Expect.
Text size ChargePoint has grown sales faster than it expected. Bing Guan/Bloomberg ChargePoint has had a flurry of good news. That raises the bar for the electric-vehicle charging company’s quarterly ...
Nokia, Ericsson, Other Western Tech Companies to Complete Exit from Russia by End of 2022
The exit of Nokia, Ericsson, and Logitech from Russia will result in problems for MTS, Tele2, and Beeline operators that developed their networks using the equipment of these companies. Following the...
Companies hope to capitalize on growing market
Grainwave, a Belgian-Style white ale, THC infused, non-alcoholic cannabis beer at the Ceria Brewing Co. at the Keef Cola facility December 13, 2018. Andy Cross | Denver Post | Getty Images You can smo...
PoW is a huge resource for energy companies
David Marcus is the former president of PayPal, former vice president of messaging at Facebook, former board member of Coinbase, and co-founder of the Libra project (later Diem). PoW is essential for...
FTX has no plans to buy crypto exchange Huobi, says CEO Bankman-Fried
FTX is not planning to acquire crypto exchange Huobi, the company’s founder and CEO Sam Bankman-Fried said on Twitter. Bankman-Fried’s comment follows a recent Bloomberg article naming FTX...
Wall Street Analysts Rate Stocks With a Variety of Labels. Here’s How to Read Them.
Text size Wall Street analysts slap Buy, Strong Buy, Sell, Underperform, Neutral or other labels on stocks Michael Nagle/Bloomberg Ratings can be confusing. Analysts slap Buy, Strong Buy, Sell, Underp...