A look at how Snapchat’s share price dropped 25% following last week revealed the company’s poor earnings.
Month: October 2021
The future of Formula One lies in synthetic fuels, according to Nico Rosberg, with the former world champion telling CNBC that they could potentially act as a bridge to electric mobility. In an interview with CNBC’s Tania Bryer during the Sustainable Future Forum last week, Rosberg also threw his weight behind e-mobility, describing it as
In this article GM The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, March 16, 2021. Rebecca Cook | Reuters DETROIT – General Motors announces third-quarter earnings before the markets open Wednesday. Here’s what Wall Street expects, based on average analysts’ estimates compiled by Refinitiv. Adjusted EPS: 96
Aerial view of vehicles being driven on the road through the central business district on October 5, 2020 in Beijing, China. Zhang Qiao | Visual China Group | Getty Images BEIJING — Global investors put more money into Chinese start-ups in the third quarter, despite Beijing’s regulatory crackdown that’s paused a rush of Chinese IPOs
Bill Gates wants more college students to read his latest book, so he’s letting them do it for free. For the rest of this week, college or university students can download a free digital copy of Gates’ best-selling book, “How to Avoid a Climate Disaster: The Solutions We Have and the Breakthroughs We Need,” the
In this article DOGE.CM= Jay Clayton speaking at the 2019 Delivering Alpha conference in New York. Adam Jeffery | CNBC Social media frenzies have encouraged retail investors to jump into meme stocks and certain cryptocurrencies, pushing up prices beyond fundamental values. The influence is likely to stay, according to former Securities and Exchange chairman Jay
Congressional Democrats are reported to be weighing a special tax on the assets of billionaires to raise revenues to pay for their Build Back Better spending plan. There are two fundamental challenges to such a plan. First, the incomes and wealth of such individuals are anything but stable; they rise and fall with the economy
A sign is posted in front of new homes for sale at Hamilton Cottages on September 24, 2020 in Novato, California. Justin Sullivan | Getty Images There are signs that price growth could be cooling off in the otherwise red-hot housing market. Prices rose 19.8% year over year in August, which was the same as
A Southwest Airlines jet sits at a gate at Orlando International Airport in Orlando, Florida, U.S., October 11, 2021. Joe Skipper | Reuters A federal judge in Texas denied Southwest Airlines pilots union’s request to temporarily block a vaccine mandate for employees, which is a requirement under new government rules. Dallas-based Southwest Airlines must require
In this article GOOGL Google CEO Sundar Pichai speaks during the Google I/O keynote session at Shoreline Amphitheatre in Mountain View, California on May 7, 2019. Josh Edelson | AFP | Getty Images Alphabet reported profit and earnings for the third quarter that topped analysts’ estimates. The company’s shares were little changed after the report.
U.S. stock index futures were little changed during overnight trading on Tuesday after the Dow and S&P closed at record highs as earnings season continues. Futures contracts tied to the Dow Jones Industrial Average and S&P 500 were flat. Nasdaq 100 futures declined 0.09%. During regular trading the Dow advanced roughly 15 points to end
Elizabeth Holmes, founder and former CEO of Theranos, arrives for motion hearing on Monday, Nov. 4, 2019, at the U.S. District Court House inside Robert F. Peckham Federal Building in San Jose, California. Yichuan Cao | NurPhoto | Getty Images SAN JOSE, CALIF. — A representative for Betsy DeVos’s family office told jurors in the
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