November 3, 2023
“…Shares of Palantir closed up 20% Thursday after the company released third-quarter earnings that beat analysts’ expectations and raised full-year revenue guidance. Here’s how the company did: Palantir’s revenue for the third quarter increased 17% to $558 million, from $478 million a year earlier.… Continue Reading…
November 3, 2023
“Toyota will invest an additional $8 billion in the hybrid and electric vehicle battery factory it’s constructing in North Carolina, more than doubling its prior investments and expected number of new jobs, the company announced Tuesday. The Japanese automotive manufacturer… Continue Reading…
October 23, 2023
“Chevron Corp. agreed to buy Hess Corp. for $53 billion, a deal aimed at boosting production growth as the US oil industry bets on an enduring future for fossil fuels… The acquisition will give Chevron a significant foothold in Guyana,… Continue Reading…
October 19, 2023
“…Analysts had projected AT&T earnings of 62 cents a share on revenue of $30.2 billion, according to FactSet. A year earlier, AT&T earned 68 cents a share on revenue of $30 billion from continuing operations. AT&T Stock: Free Cash Flow… Continue Reading…
September 7, 2023
“AMC (AMC) Entertainment stock tanked more than 20% on Wednesday morning after the cinema chain announced plans to sell up to 40 million shares. The company said it plans to use the proceeds “to bolster liquidity, to repay, refinance, redeem or… Continue Reading…
August 9, 2023
“Sony on Wednesday reported a 31% fall in profit in the first fiscal quarter as its life insurance unit dragged on its bottom line, but the company raised full-year sales forecasts on the back of expected strength for its PlayStation gaming… Continue Reading…
August 9, 2023
“The spectacular collapse of a company once valued by SoftBank at $40 billion has been years in the making, but is still surprising given the number of large commercial buildings around the world that don the company’s name. The combination of the… Continue Reading…
April 17, 2023
“Shares of Roblox tumbled 12% on Monday after the gaming company released its March 2023 metrics report that showed it expects average bookings per daily user to fall year over year. Roblox’s estimated average bookings per daily active user were between $3.73 and… Continue Reading…
January 19, 2023
“…For the three-month period ended Dec. 31, the company reported net income of $3.9 billion, or $1.59 per share, excluding items, down from $4.22 billion, or $1.66 per share, a year earlier. Net sales fell to $20.77 billion, a 1% decrease… Continue Reading…
January 18, 2023
“Bankrupt crypto firm FTX said on Tuesday that $415 million worth of crypto was hacked from the exchange’s accounts, representing a sizable portion of the identified assets the company is trying to recover… At the time, the stolen crypto was valued at… Continue Reading…
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