Viatris Inc. (NASDAQ: VTRS) reported its second-quarter results on Monday and lowered the revenue outlook for the 2022 fiscal year. Michael Goettler, CEO of Viatris, said that because of strong operat...
Tag: Shares
Founder of Crypto Exchange Giant Huobi in Talks To Sell His Shares for Over $1,000,000,000: Report
The founder of crypto exchange platform Huobi is reportedly looking to sell his shares of the Seychelles-based firm for a over billion dollars. According to a new report by Bloomberg, Huobi founder Le...
Olo shares opened 35% down on Friday: buy the dip?
Shares of Olo Inc (NYSE: OLO) opened about 30% down on Friday after the restaurant technology company disappointed both on Q2 results and future guidance. Stifel downgrades Olo shares to ‘hold’ Sentim...
PepsiCo Makes $550 Million Celsius Investment As Hip Hop Mogul Sues For His Shares
MIAMI BEACH, FLORIDA – JULY 21: Cans of CELSIUS Arctic Vibe Sparkling Frozen Berry energy drink on … [+] display during CELSIUS Arctic Vibe Launch Party at Joia Beach Club on July 21, 2022...
Huobi founder Leon Li in talks to sell his shares for up to $3B
Crypto exchange giant Huobi’s founder and CEO Leon Li is in talks with investors to sell his majority stake for $2 billion to $3 billion. According to a Bloomberg News report, Tron founder Justin Sun ...
Rivian shares waver as automaker sees wider loss for the year
Though EV maker Rivian (RIVN) maintained its production forecast for the year, with shares wavering in extended trading as its sees a wider loss for the year. For the second quarter, Rivian reported: ...
Coinbase Shares Drop As Crypto Exchange Reports $1.1 Billion Net Loss in Q2
The price of Coinbase (COIN) is dropping after the publicly-traded crypto exchange operator reports losses of over $1 billion in the second quarter of the year. In its latest letter to shareholders, C...
Rite Aid Hopes to Draw In Everyday Investors to Revive Its Shares
(Bloomberg) — Rite Aid Corp. is hoping that the current iteration of meme-stock mania can provide a boost for its beaten-down shares. Most Read from Bloomberg The pharmacy chain, which has seen ...
Tesla CEO Elon Musk Sells Another 7.92M TSLA Shares Worth $6.88B
The SEC filing showed that the Tesla shares were sold between August 5 and 9, a move Musk made after Tesla’s annual shareholder meeting that was held in Austin on August 4th. Elon Musk, the Chief Exec...
Twitter Stock Rises As Elon Musk Sells Tesla Shares, Here’s Why
Twitter shares are up by close to 5% in the pre-market The reaction is likely due to the news that Elon Musk has sold 7.92 million shares of Tesla. The total value of the sold shares is close to $7 bi...
Elon Musk Sells Tesla Shares Worth Nearly $7 Billion — Plans to Buy TSLA Stock Back if Twitter Deal Falls Through – Featured Bitcoin News
Elon Musk has sold nearly 8 million Tesla shares worth almost $7 billion. “It is important to avoid an emergency sale of Tesla stock” if Twitter forces him to close the $44 billion deal to buy the soc...
RBLX Shares Declines as Roblox Misses Estimates in Q2 2022 Financial Performance
Roblox will continue to invest in strategic areas that will trigger growth and monetization. Shares of American video game developer Roblox Corporation (NYSE: RBLX) plunged 12% in reaction to Q2 2022...
Ark Investment Sold 1.1 Million Coinbase Shares Amid SEC Probe
Coinbase is rapidly moving towards a non-regulative window breaking the legit ground rules. The crypto exchange has gone through multiple lawsuits in the last few months from different law authorities...
Tesla Shares Failed To Hold Its 200-Day Simple Moving Average. Here’s How To Trade The Stock Now.
(Photo by Smith Collection/Gado). Getty Images Tesla TSLA tried to breakout above its 200-day simple moving average last week but broke below it on Monday as CEO Elon Musk reduced his holdings. Musk s...
Elon Musk and the billion-dollar sale of his Tesla shares
Between August 5 and 9, Elon Musk sold part of his Tesla shares for a total value of $6.9 billion. This marks the record for the largest billion-dollar sale. Elon Musk sells $6.9 billion worth of Tesl...
Elon Musk Sheds $7 Billion In Tesla Shares As Twitter Pushes Back
Elon Musk has been in the limelight recently due to the Twitter deal. There has been a number of back and forth between both parties as the terms of the deal become murky. Amid all of this, billionair...
Nikola Shares Jump On News Of CEO Mark Russell’s Retirement
Topline Nikola CEO Mark Russell will retire at the end of the year, the floundering electric and Hydrogen fuel cell vehicle maker announced Wednesday morning, sending its stock surging in pre-market t...
Elon Musk Dumps 6.9 Million Tesla Shares Worth $7 Billion
Tesla CEO Elon Musk has reportedly disposed of nearly $7 billion worth of the company’s stock in recent days as his chaotic Twitter buyout bid still hangs in limbo. Musk, who happens to be Tesla’s lar...
Tesla CEO Elon Musk Sells $6.9B Worth Shares Amid Twitter Storm
3 hours ago | 2 mins read Bitcoin News There were 7,924,107 TSLA shares sold, according to Tesla CEO Elon Musk. In the previous 10 months alone, Musk has sold $32 billion worth of shares. Tesla CEO El...
Ark Investment CEO Mentions SEC’s Influence on Selling Coinbase Shares
The investment company still holds about 7.1 million shares of the crypto exchange. The founder and CEO of asset management company Ark Investment, Cathie Wood, recently discussed how the SEC influenc...
Roblox shares down 20% after Q2 report
Shares of Roblox Corp (NYSE: RBLX) are down nearly 20% in extended trading on Tuesday after the videogame company reported weaker-than-expected bookings for its fiscal second quarter. Should you sell ...
Endo Shares Plunge On Imminent Bankruptcy Filing
The Wall Street Journal Revlon Names Interim CFO Amid Bankruptcy Process Revlon is changing out its top finance executive roughly two months after filing for bankruptcy protection. Revlon, owner of br...
Cathie Wood is betting on Nvidia shares
Cathie Wood, the Rock Star of the stock market, sells 235,489 shares of Block, Jack Dorsey’s former Square, liquidating more than $20 million, to target three separate funds to buy shares in Nvidia. ...
Vertex Energy Shares Plunge After Q2 Results
Benzinga Louisiana-Pacific Shares Slip Post Q2 Results Louisiana-Pacific Corp (NYSE: LPX) reported a second-quarter FY22 sales decline of 3% year-on-year to $1.13 billion, missing the consensus of $1....
Cathie Wood is loading up on shares of Nvidia Corporation
Cathie Wood is loading up on shares of Nvidia Corporation (NASDAQ: NVDA) on the weakness post its preliminary second-quarter results. Nvidia says its gaming revenue was hit hard in Q2 On Monday, the c...
AMC’s New Shares Spark Controversy
Getty Images Key takeaways AMC plans to issue a special one-time “dividend” to investors in the form of preferred shares The company has also applied to list its new preferred stock under the NYSE tic...
Analyst accuses AMC CEO Adam Aron of ‘spinning reality’ with APE shares
AMC CEO Adam Aron has become a hero to retail investors amid the meme stock era, but one analyst argues that a new offering of AMC Preferred Equity (APE) shares is disingenuous and ultimately bad for ...
GoodRx shares opened 30% up on Tuesday: how come?
Shares of GoodRx Holdings Inc (NASDAQ: GDRX) opened 30% up on Tuesday after the telemedicine company reported market-beating results for its fiscal second quarter. GoodRx Holdings Q2 earnings snapshot...
SoFi Shares Fall After SoftBank Says It Will Sell All or Part of Stake
(Bloomberg) — SoftBank Group Corp. is selling at least part of its 9% stake in SoFi Technologies Inc., part of a sweeping effort at the Japanese conglomerate to reduce costs and stem losses in t...
Vitalik Buterin Shares Idea for Privacy-Focused NFTs
Vitalik Buterin, the founder of the Ethereum network, has shared details on the idea of utilizing stealth addresses in the trading of non-fungible tokens (NFTs). This entails that a user can send an N...
Rivian shares rise on second-quarter results: ‘The ball is finally rolling’ for the EV maker, says analyst
Shares of Rivian Automotive Inc. RIVN, -0.13% gained more than 3% in morning trading Friday, as analysts were generally upbeat about the electric vehicle maker’s second-quarter results. Late Thursday,...