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Stocks

“Uber stock pops more than 14% on $7 billion share buyback”

February 23, 2024

“Uber’s stock closed up more than 14% on Wednesday after the ride-hailing company announced it will buy back up to $7 billion worth of company shares… The buyback news comes a week after Uber reported fourth-quarter results that beat Wall Street’s earnings and revenue… Continue Reading…

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Stocks

“JetBlue shares jump after activist Carl Icahn reports stake and calls shares undervalued”

February 23, 2024

“Activist investor Carl Icahn late Monday reported a nearly 10% stake in JetBlue Airways, saying the airline stock is undervalued. Shares of JetBlue gained 21% on Tuesday… In the past 12 months, JetBlue’s stock is down more than 27% as of… Continue Reading…

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Stocks

“SoftBank shares extend their surge, pop more than 15% on earnings beat”

February 23, 2024

“Shares of SoftBank Group rose as much as 15.29% Friday morning, a day after the Japanese investment firm posted earnings that beat analysts’ expectations. SoftBank’s on Thursday posted its first quarterly profit following four quarters of losses, thanks to big gains at… Continue Reading…

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Stocks

“Cloudflare stock jumps 21% on earnings beat as the company wins larger deals”

February 23, 2024

“Cloudflare shares rose 21% in extended trading on Thursday after the web security and content distribution network provider issued results and quarterly guidance that proved more robust than analysts had projected. Here’s how the company did, in comparison with estimates from… Continue Reading…

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Stocks

“Roblox shares rise 10% after company beats estimates and issues strong guidance”

February 23, 2024

“Roblox reported results for the fiscal fourth quarter Wednesday that beat consensus estimates on the top and bottom lines. Shares closed up more than 10%. Here’s how the company did: The revenue figure is what Roblox calls bookings, a category that… Continue Reading…

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Business, Stocks

“Capital One to acquire Discover Financial Services in $35.3 billion all-stock deal”

February 22, 2024

“Capital One Financial is set to acquire Discover Financial Services in a $35.3 billion all-stock deal. Under the agreement, Discover shareholders would receive 1.0192 Capital One shares for each Discover share or about a 26% premium from Discover’s Friday closing price of $110.49. The… Continue Reading…

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Business

“Walmart to buy TV maker Vizio for $2.3 billion in move to grow its ad business”

February 22, 2024

“Walmart has agreed to buy TV maker Vizio, the companies announced Tuesday, as the largest U.S. retailer grows its high-profit ad business. Walmart will acquire Vizio for $2.3 billion, or $11.50 per share, in cash. The big-box retailer announced the acquisition as it reported… Continue Reading…

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Energy

“Gen Z are treating employers like bad dates: 93% ghost interviews and 87% have not even shown up for their first day of work”

February 22, 2024

https://finance.yahoo.com/news/gen-z-treating-employers-bad-121633798.html I don’t care about what this article has to say. I say good for Gen Z if they can afford it. Do what makes you happy. At the end of the day that’s all what matters. In reality work… Continue Reading…

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Economy

“Americans making student loan payments have up to 36% less saved for retirement”

February 22, 2024

“…In fact, employees with student loan payments who earn $55,000 a year or more and have been at their company for five years or less have average 401(k) balances 36% lower than those without payments, the EBRI found…” https://www.cnbc.com/2024/02/19/americans-making-student-loan-payments-have-up-to-36-percent-less-in-401ks.html College… Continue Reading…

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Economy

“Retail sales tumbled 0.8% in January, much more than expected”

February 22, 2024

“…Advance retail sales declined 0.8% for the month following a downwardly revised 0.4% gain in December, according to the Census Bureau. A decrease had been expected: Economists surveyed by Dow Jones were looking for a drop of 0.3%, in part to… Continue Reading…

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