Author: super@dmin
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Earnings Results: Lyft ridership hits pandemic high, but stock falls on disappointing forecast
Lyft Inc. said Tuesday that it met its goal of full-year positive Ebitda, and that its fourth quarter was “solid,” but its outlook for the current quarter weighed on its stock in after-hours trading.
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Earnings Results: Pfizer expects a record $100 billion in revenue this year, thanks to COVID vaccines and treatments
The company has emerged as the world’s go-to pharmaceutical partner in the COVID-19 pandemic.
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Personal Finance Daily: Big changes to small businesses: Some pandemic trends that are sticking around and New York hipster duo charged in mega bitcoin heist were ‘serial entrepreneurs’ who used startups to launder money, prosecutors say
Tuesday’s top personal finance stories.
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Financial Crime: New York hipster duo charged in mega bitcoin heist were ‘serial entrepreneurs’ who used startups to launder money, prosecutors say
Ilya Lichtenstein and Heather Morgan allegedly started with millions in stolen money, but were faced with laundering billions as bitcoin shot through the roof.
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Earnings Results: GlobalFoundries stock rallies as results, outlook top Street view
GlobalFoundries Inc. shares surged in the extended session Tuesday after the third-party silicon-wafer foundry’s results and outlook topped Wal Street expectations.
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Earnings Results: Chipotle adds 1,000 restaurants to its expansion plans as earnings beat, stock gains
Chipotle Mexican Grill Inc. had a record fourth quarter and year, and executives said Tuesday that they now expect to increase plans for expansion by 1,000 restaurants in the years ahead as shares gained in late trading.
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Earnings Results: Mandiant results top Street view as appliance business left behind
Mandiant Inc. heads into a new year fully divested of its FireEye appliance business as the cybersecurity software and services company reported results Tuesday that topped Wall Street estimates.
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Crypto: Crypto is like the 1990s internet, nearing a hyper-adoption phase, Wells Fargo says
Cryptocurrency adoption is near a hyper-inflection phase, similar to what the internet experienced during the mid-to late 1990s, Wells Fargo said.
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: Biden mentions Tesla after Musk’s complaints of snub
President Joe Biden mentioned Tesla on Tuesday in a White House speech, after recent complaints by the electric-vehicle brand’s chief executive and its fans that his administration has been snubbing the EV maker.
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: Muni bonds log worst start to the year ever as Fed gets set to hike interest rates
The municipal bond market is having the worst start to any year on record, as market participants brace for the Federal Reserve to hike interest rates.