By Niket Nishant (Reuters) -Google-parent Alphabet said on Friday it had slashed its stake in Robinhood Markets by nearly 90%,…
Amazon forecasts bright Q3 on resilient cloud sales, shopping trends
By Jeffrey Dastin and Chavi Mehta (Reuters) -Amazon.com Inc on Thursday reported sales growth and profit that beat Wall Street’s…
Analyzing Qualcomm’s FQ3 Print and Outlook: 5 Analysts Evaluate the Challenge of Elevated Inventory
Qualcomm Inc (NASDAQ:QCOM) experienced a significant drop in its share price during early trading on Thursday, following the announcement of…
Apple and Amazon Ignite Investor Optimism with AI Frenzy Expectations
Get Ahead with Today’s Key Insights In the fast-paced world of investments, here are some crucial points to keep in…
Moderna sees up to $4 billion in 2023 sales from private market for COVID shots
By Leroy Leo and Patrick Wingrove (Reuters) -Moderna Inc on Thursday forecast as much as $4 billion in revenue from…
Wayfair shares hit over one-year high after smaller-than-expected loss
By Chibuike Oguh NEW YORK (Reuters) – Shares of Wayfair Inc rose as much as 24% on Thursday to their…
Yum Brands gets a lift as KFC’s cheaper options draw more customers
By Deborah Mary Sophia (Reuters) -Yum Brands on Wednesday beat estimates for quarterly comparable sales and profit as strong demand…
Wall Street ends down, investors step back after Fitch US rating cut
By David French (Reuters) -Wall Street finished lower on Wednesday, with the S&P 500 and Nasdaq Composite down for a…
Qualcomm forecasts sales below estimates as smartphone slump persists
By Chavi Mehta, Stephen Nellis and Max A. Cherney (Reuters) -Qualcomm forecast fourth-quarter sales below market expectations on Wednesday and…
Uber’s Surprise Stock Drop: Analyzing the Unexpected Post-First Profit Announcement Plunge
Uber has reached a momentous milestone, achieving its first-ever operating profit. The American ride-hailing giant, Uber Technologies Inc (NYSE: UBER),…