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Meta adds to a brutal year of layoffs in tech
Tech companies have been slashing jobs in 2022. Here's a roundup of the biggest layoffs so far this yea...
November 9, 2022, 3:28 pm
Devon energy lower after beating q3 views but slashing dividend
Oil-and-gas explorer Devon Energy was trading lower Wednesday after Q3 results that beat views, but investors gave a thumbs down to a 13% dividend cut...
November 3, 2022, 1:00 am
Softbank, naspers, and warren buffett's berkshire hathaway are cutting their iconic bets on chinese tech stocks
Berkshire has sold about $600 million of BYD stock, SoftBank is slashing its Alibaba stake by nearly 40...
September 9, 2022, 8:16 am
Is walmart stock a buy right now after earnings beat despite slashing profit outlook?
Walmart stock recently slashed its profit outlook. It also launched Walmart+ as it attempts to take on Amazon....
September 7, 2022, 5:27 pm
Newell brands lowers sales outlook as consumer pulls back
Yahoo Finance Live anchors Julie Hyman and Jared Blikre discuss Newell Brands slashing its third-quarte...
September 7, 2022, 10:37 am
Credit suisse weighs slashing 5,000 jobs - report
Swiss bank Credit Suisse is considering eliminating around 5,000 jobs across the group as part of a cost-cutting initiative. A source told Reuters the...
September 2, 2022, 8:32 am
Ark maintains high conviction in zoom
Zoom reported second-quarter earnings last week, which beat consensus expectations for eps but missed on revenues, sending shares of the video-telepho...
August 31, 2022, 5:31 pm
Snap cutting 20% of workforce, cutting back costs
Snapchat's parent company is slashing staff and scaling back investments in straggling businesses, an a...
August 31, 2022, 10:41 am
Stocks: wall street analysts weigh in on amc, grocery outlet, kohl's
#Kohl's Yahoo Finance Live anchors Julie Hyman, Brad Smith and Brian Sozzi and Julie Hyman discuss Wedbush sla...
August 23, 2022, 11:28 am
Dick's to report earnings after slashing guidance; dks stock slips
Dick's Sporting Goods reports earnings Tuesday after cutting its guidance in May. DKS stock is climbing the right side of a consolidation....
August 22, 2022, 1:59 pm
Warby parker is slashing jobs as inflation takes a toll
Trendy eyewear brand Warby Parker is the latest in a string of retailers struggling to stay the course as a wobbly economy forces households to pare b...
August 10, 2022, 10:18 am
Snap considers headcount cull weeks after net loss doubles
Snap Inc (NYSE:SNAP) is considering slashing its more than 6,000 employee headcount, according to repo...
August 9, 2022, 4:19 am
Shopify cutting 10% of global workforce
Canadian eCommerce company Shopify is slashing 10% of its global workforce or roughly 1,000 people, The...
July 26, 2022, 6:56 pm
Walmart plunges by as much as 9% in premarket trading after slashing its profit forecast over surging food and fuel prices
Walmart shares dropped more than 8% in premarket trading Tuesday after the grocery chain cut its profit forecast for 2023 on inflationary pressures....
July 26, 2022, 6:45 am
Walmart is slashing prices on clothing and other products
Many shoppers have pulled back on buying clothing and other discretionary items as the highest inflation in four decades pinches their pocketbooks....
July 25, 2022, 6:13 pm
Meta is facing a reckoning it may not recover from
For the first time ever, Facebook's advertisers are slashing spending and shifting dollars elsewhere....
July 17, 2022, 8:10 am
Amazon slashing private-label selection amid weak sales: report
Amazon has decided to cut back on the number of products it sells under its own private labels as sales slow. It has also discussed exiting the privat...
July 15, 2022, 2:50 am
Better.com to go public via spac months after layoffs over zoom
Yahoo Finance tech reporter Allie Garfinkle breaks down Stripe slashing its internal valuation, Better....
July 14, 2022, 4:53 pm
Upstart plummets 22% after slashing quarterly guidance on inflation and recession fears
The company now sees second-quarter revenue of $228 million, down from earlier estimates of $295 million-$305 million....
July 8, 2022, 10:13 am
Kornit digital (krnt) stock plummets 25% after slashing guidance
KRNT stock is down after Kornit Digital execs slashed Q2 sales guidance. Here's what that means for the broader e-commerce sector....
July 6, 2022, 1:23 pm