The company has executed several credit lines and bailed out for firms around the crypto space FTX and CEO Sam-Bankman Fried went on to bring relief to several crypto firms that were going through tou...
Tag: Companys
Mullen CEO: “The Company’s balance sheet is the strongest it has ever been in our history.”
Mullen Automotive (NASDAQ: MULN), in an announcement, revealed that it expects to report in excess of $61M in cash and cash equivalents after notably strengthening its balance sheet over the quarter e...
Apple’s most anticipated headset to have the company’s flagship M2 CPU
The “deluge” of incoming devices is expected to include new iterations of the Apple Watch, iPad, HomePod, and iPhone 14. Perhaps there is a connection between Apple’s first mixed-reality headset and i...
Cathie Wood Watch: Ark Sells Spatial Data Company’s Stock
Famed investor Cathie Wood sold shares of a spatial data company and a familiar biotechnology name June 22. And for the second day in a row, she bought shares of an autonomous vehicle company and a di...
Apple workers vote for company’s first unionized US store, CNBC says
Employees at an Apple store in Towson, Maryland voted on Saturday to join a union, making it the first unionized Apple store in the US, CNBC reported. Apple has opposed efforts to unionize, the report...
MicroStrategy’s Stock Plunges 20% Daily as Company’s BTC Position Down $1B
MicroStrategy, the largest corporate BTC holder, is once again in the red on its massive bitcoin position. Moreover, the company’s stocks have gone on a freefall today, with a double-digit price slump...
Terraform Labs Employee In Hot Water For Stealing Company’s Bitcoin
Seoul Metropolitan Police Agency launched an investigation against an employee from Terraform Labs, who is allegedly involved in the embezzlement of corporate funds in Bitcoin from the company in May....
Ripple CEO Brad Garlinghouse outlined the company’s future development potential
‘I believe we’re more likely to be the buyer,’ said Ripple Labs CEO Brad Garlinghouse in a Davos interview. During his visit to the World Economic Forum (WEF) event in Davos, Ripple Labs CEO Brad Garl...
Simple Starts To Modernize Your Company’s Giving Programs To Fit Today’s Needs
BOSTON, MA – OCTOBER 1: Volunteers quality check and prepare boxes to load for distrubtion at the … [+] Greater Boston Food Bank on October 1, 2020. (Photo by Iaritza Menjivar for The Wash...
Do Kwon Continued Terra ($LUNA) Project Despite Warnings of Its Imminent Collapse, Company’s Employee Reveal
– Advertisement – Korean authorities are making progress with the ongoing investigation of the collapse of TerraForm Labs. New revelations have emerged about the ongoing investigation of t...
Carvana’s ‘Chaotic’ Zoom Firing Caps Company’s Struggles Amid Market Downturn
Carvana ILLUSTRATION BY STEPHANIE JONES FOR FORBES; PHOTO BY MARK RALSTON/AFP via Getty After letting go 2,500 people, or 12% of its workforce, the online used car seller Carvana faces a moment of rec...
Cisco (CSCO) Stock Tanks Following Company’s Forecast of Significant Revenue Decline
According to the company, Covid-19 lockdowns in China and the war between Russia and Ukraine have been the key factors that affected its financial results. Cisco Systems Inc (NASDAQ: CSCO), an America...
Intel shareholders rejected the company’s executive pay program—putting the CEO’s promised $180 million pay package on the line
Intel shareholders voted against the company’s executive compensation program last week, which included part of a $178.6 million payout to CEO Pat Gelsinger, according to a regulatory filing published...
Moderna CFO’s departure reignites debate over company’s culture
Moderna became a $50bn success story by developing a Covid-19 vaccine at an unprecedented pace. But the biotech may have broken a less illustrious speed record this week when it removed its chief fina...
Chainalysis Secures $170M in Series F Funding Round, Pushes Company’s Valuation to $8.6B Valuation
Singapore’s sovereign wealth fund, GIC, is the lead investor in the latest Chainalysis funding. Software company Chainalysis has generated $170 million in a Series F funding round. Following the lates...
Jim Cramer says investors should avoid Carvana after the company’s disappointing quarter
CNBC’s Jim Cramer warned investors against buying stock of Carvana after the company reported worrisome quarterly results on Wednesday. “There is zero tolerance for unprofitable companies ...
This Steel Company’s Shares Are up More Than 50% in Just Two Months
Sometimes it’s worth revisiting what columnists have said about a stock to see just how close to the mark they came. In the case of a steel maker profiled two months ago, the call was pretty cl...
Analyzing The Kroger Company’s Dividend Growth Potential
CINCINNATI – JULY 15: A sign identifies the Kroger Co. corporate headquarters July 15, 2008 in … [+] downtown Cincinnati, Ohio. Kroger is one of the nation’s largest grocery retailer...
A Software Company’s Shares Are Off 80%, but it’s Still Not an Investment
Companies frequently report better-than-expected sales and earnings. yet see their shares fall in the aftermath. A case in point is Coupa Software (COUP) – Get Coupa Software, Inc. Report, whic...
LayerZero Labs Generates $135M in Funding, Pushing Company’s Valuation to $1B
After LayerZero’s beta launch, LayerZero Labs launched a cross-chain liquidity transfer protocol Stargate. The protocol solves the Bridging Trilemma holy grail problem. LayerZero Labs has generated $1...
Former Boeing CIO Will Run The Company’s Biggest Business Unit As CEO
Incoming President and CEO of Boeing Defense, Space and Security business, Ted Colbert AFP via Getty Images Yesterday, Boeing announced that Ted Colbert has been named president and chief executive of...
Disney Says Striking Down ‘Don’t Say Gay’ Law Is Company’s ‘Goal’ After DeSantis Signs Bill
Topline Disney promised Monday to support efforts to strike down Florida’s Parental Rights in Education Act—known by critics as the “Don’t Say Gay” bill—after Gov. Ron DeSantis (R) signed it into law,...
With Its Critical ‘Amazon Empire,’ Frontline Unwittingly Makes a Strong Case For the Company’s Dominance
“You have to be kidding me.” Those were the words uttered with obvious incredulity to Martin Eberhard and Marc Tarpenning, the original founders of Tesla Motors. They were at a bar in Woodside, and th...
Why Nvidia’s CEO sees auto chips and tech as the company’s next big business
Nvidia introduced a new version of its autonomous-driving platform at its GTC developers conference this week. Automotive is a small segment of the company’s business. But it’s getting a lot of attent...
Why Affirm CEO Max Levchin has not sold a single share of his company’s stock
Affirm founder and CEO Max Levchin has a few things flowing in his veins. One, an admirable work ethic that sees him pushing his own physical boundaries each day. Think working to near exhaustion (yes...
Seattle Starbucks union vote passes unanimously in the company’s hometown
Starbucks Barista Gianna Reeve, part of the organizing committee in Buffalo, New York, speaks in support of workers at Seattle Starbucks locations that announced plans to unionize, during a rally at C...
GameStop Stock: Is the Company’s Turnaround Plan Working?
GameStop (GME) – Get GameStop Corp. Class A Report sells videogames. It sells other stuff, but walk into one of its stores and look around and you still see walls of videogames. The problem R...
Flexible hours let this company’s workers fit work around their lives
Allison Greenwald, senior product manager at The Alley Group, spent five weeks in Alaska while working a flexible schedule. Courtesy: Allison Greenwald Millions of Americans are quitting their jobs an...
Disney Employees Stage Walkout Over Company’s Response To ‘Don’t Say Gay’ Bill
Topline A group of LGBTQ+ Disney employees and allies organized a series of walkouts starting Tuesday to protest CEO Bob Chapek’s and the company’s responses to Florida’s controversial “Don’t Say Gay”...
Salesforce CEO Tells Jim Cramer About His Company’s Comeback Plan
The stock market has been weighing the value of a lot high-flying tech names in the face of higher interest rates and inflation lately. The CEO of one of the bigger names recently spoke with Jim Crame...