It’s the busiest week of first-quarter earnings season. A whopping 165 S&P 500 companies are scheduled to report their results for the first three months of 2022. Big Tech giants will be among the...
Tag: hospitality
China’s Nio halts EV production as COVID lockdowns disrupt its supply chain
Nio Inc., the China-based electric-vehicle maker, over the weekend warned of delivery delays after suspending production due to COVID-19 restrictions that have disrupted its supply chain. “There will ...
Nvidia, AMD, Intel Price Targets Are Cut. This Analyst Sees Chip Demand Slowing.
Text size Dreamstime Semiconductor stocks have soared over the last few quarters, driven higher by robust demand for chips amid a global supply shortage. But the tide may be turning for semiconductor ...
Online Sports Betting Is a Buzzy Industry, but Where’s the Money?
Text size Gamblers may have won big with the men’s March Madness championship game on Monday, but investing in online gambling platforms has been a losing hand as of late. Shares of DraftKings (ticker...
Southwest Airlines to Launch New Ticket Type to Boost Revenue
Southwest Airlines Co. LUV 0.35% is launching a new type of ticket with some additional perks as it looks to boost revenue and its appeal to business travelers. The new fare will rank above Southwest’...
UAE Hospitality Brand Stella Stays Now Accepts Crypto – Emerging Markets Bitcoin News
A hospitality brand from the United Arab Emirates(UAE), Stella Stays, has announced that its clients can now pay for services with cryptocurrencies. Clients can pay with bitcoin, ethereum, and 35 more...
Intel and Qualcomm Are Gaining New Fans
Text size The PHLX Semiconductor Index has fallen 23% in 2022. Kobi Wolf/Bloomberg Semiconductor stocks have taken a beating in recent months, and there’s still plenty of nervousness to go around, acc...
Netflix and Disney Stocks Hit a Rough Patch. Don’t Count on a Quick Bounceback.
Netflix hasn’t done much wrong, despite a 35% plunge on quarterly results this past week, and a 22% one back in January. The company has convinced 222 million customers worldwide to hand it an average...