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Nio to cut staff by 10% on ‘fierce' competition

Nio Inc announced on Friday plans to reduce its workforce by 10% amid what the Chinese electric automaker's CEO called "fierce competition."   "The c...

November 3, 2023, 11:41 am

Netflix's ad-supported plan attracts 15 million subscribers in first year

Netflix's ad-supported tier now has 15 million global monthly active users, one year after the streaming platform launched the tier. “We have built ...

November 1, 2023, 5:33 pm

Asos looks to separate ‘good returns' from ‘bad returns'

Online fashion retailer Asos is focused on returns as it continues its cost-cutting measures. “While we continue to believe that free returns are a ...

November 1, 2023, 10:49 am

Bp low carbon boss calls u.s. offshore wind industry 'fundamentally broken'

The head of BP's gas & low carbon business said on Wednesday the U.S. offshore wind industry is "fundamentally broken" but issues can be resolved, aft...

November 1, 2023, 6:36 am

Filament health's expertise positions it to tap into multi-billion psychedelics opportunity

Analysts at Water Tower Research have initiated coverage on Filament Health Corp (OTCQB:FLHLF, NEO:FH) with a positive outlook on the firm which they ...

October 31, 2023, 3:44 pm

Transunion: the market's overreaction offers opportunity

TransUnion's stock price has dropped significantly due to slowed lending in the economy, disappointing Q3 performance, and guidance revisions. Althoug...

October 31, 2023, 4:14 am

A small uk software company which trademarked the name threads over 10 years ago is demanding meta stop using the name within 30 days

Threads Software Limited and its lawyers wrote to Meta to tell it to stop using the Threads name in the...

October 30, 2023, 8:45 am

Load up the truck on chargepoint stock at new lows

I last wrote about ChargePoint Holdings (NYSE: CHPT ) stock in February 2022 ahead of its Q4 results. G...

October 29, 2023, 11:18 am

Byron wien has died, here is his final list of 10 surprises

I always looked forward to the annual list of '10 surprises' from Blackrock's Byron Wien and I'm saddened to learn that he died today at 90 years old....

October 26, 2023, 6:49 pm

Dow jones jumps 205 points as wall street rallies

Better-than-expected earnings reports particularly from technology companies underwrote gains on US sto...

October 24, 2023, 8:46 pm

Logitech shares rebound despite negative impact of macro headwinds on 2q earnings

Logitech International SA (USA) (NASDAQ:LOGI)'s shares have rebounded on its fiscal second quarter financial results despite the mouse maker reporting...

October 24, 2023, 3:22 pm

Bill ackman triggers a rebound in risk trades

Bill Ackman significantly enhanced his reputation with his loud (and correct) call for a drop in bonds. He announced today that he covered it, netting...

October 23, 2023, 2:16 pm

Microsoft's activision acquisition impact in spotlight for 1q earnings

Analysts at UBS have updated their models for Microsoft Corporation (NASDAQ:MSFT) to account for its acquisition of Activision Blizzard Inc (NASDAQ:A...

October 23, 2023, 12:23 pm

'extremely bearish' chart formation signals the top 7 big tech stocks including apple, nvidia, and tesla face elevated risk of a selloff

An "extremely bearish" pattern has formed on the Magnificent 7 stocks' combined price chart, fueling fears of a selloff. "For what's worth, the top 7 ...

October 23, 2023, 9:00 am

Exclusive: closed prop trading firm 'leveled up society' leaves traders in limbo

Prop trading platform Level Up Society abruptly went dark late last month. A message displayed on its website states that its break up with the manage...

October 20, 2023, 9:01 am

Delta air lines backtracks changes to its skymiles program after customer revolt

“I have read hundreds of your emails, and what's been most clear to me is how much you love Delta and the disappointment many of you felt by the sig...

October 18, 2023, 6:36 pm

What sectors are options traders targeting?

Last week, I wrote about how the S&P 500 Index (SPX) has not hit a new record high  since January 2022...

October 18, 2023, 8:00 am

Spot bitcoin etf approvals could add $1 trillion to crypto market cap, cryptoquant says

Bitcoin will become a $900 billion asset, and the total crypto market will grow by $1 trillion, should the bitcoin spot exchange-traded funds (ETFs) b...

October 18, 2023, 5:29 am

Roblox asks staff to work three days a week in the office

Metaverse player Roblox Corp. RBLX, +1.94% says it is “transitioning away” from remote work and will be asking “a number of our remote employees...

October 17, 2023, 5:16 pm

Tech stocks set to ‘rip higher' on 3q earnings: analysts

Wedbush analysts believe the tech universe is resilient and is poised for a strong earnings season ahead that will prove the doubters wrong.    "Our...

October 17, 2023, 12:54 pm


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