August 8, 2024
“High-performing shares of Alphabet, Amazon, Meta Platforms, Microsoft and Tesla fell as much as 12.2% in premarket trading. The losses in the Magnificent Seven stocks were set to wipe out nearly $1 trillion from the combined market value of the… Continue Reading…
August 1, 2023
“U.S. pharmacy chain CVS Health is cutting 5,000 jobs, the Wall Street Journal reported on Monday, citing a staff memo. In an emailed response to Reuters, CVS confirmed the company was laying off some non-customer facing employees to cut costs,… Continue Reading…
November 22, 2022
“The market capitalization of Coinbase just dropped below $10 billion. This time last year, it was more than $70 billion. Why it matters: The amount of value lost in Coinbase stock is probably greater than the loss of value of FTX equity plus the loss… Continue Reading…
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