Author: super@dmin
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Earnings Results: Spotify stock plunges as forecast for streaming subscribers comes in low amid controversy
Amid controversy, Spotify Technology SA said Wednesday it expects fewer subscriber additions in the first quarter than Wall Street expected, and shares plunged in late trading.
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Earnings Results: Meta shares slide more than 20% on earnings miss, weak guidance
Shares of Facebook parent Meta Platforms Inc. plummeted 22% in extended trading Wednesday on an earnings miss, weak guidance and intensifying competition.
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Market Pulse: Nasdaq Composite closes higher for a 4th day and stock market books longest win streak of 2022
U.S. stock benchmarks closes higher for a fourth straight session on Wednesday, marking the longest win streak of the year.
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Earnings Results: Qualcomm stock drops following earnings, outlook beat
Qualcomm Inc. shares gave back regular session gains — and then some — in the extended session Wednesday even as the chip maker’s quarterly results and outlook topped Wall Street estimates.
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: MicroStrategy CEO views stock ‘favorably’ as a bitcoin play, but says it should ‘clearly’ be valued for its software business
Shares of MicroStrategy Inc. sank Wednesday, after the software company-slash-bitcoin play reported a surprisingly large quarterly loss, as a near $150 million loss booked on its cryptocurrency holdings offset strength in its software business.
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The Margin: The Washington Commanders’ ’emotional rebranding’ could boost merchandise and ticket sales, experts say
The NFL’s Washington Football Team has changed its name to the Washington Commanders
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: How Tom Brady made his $475 million fortune
Tom Brady has retired from the NFL with seven Super Bowl Championships and hundreds of millions in earnings.
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Brett Arends's ROI: ARK investors have lost $4 billion — ‘We believe we’re going to see the turn sooner rather than later,’ Cathie Wood says
A cautionary tale about the massive dangers of jumping onto a Wall Street bandwagon
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Key Words: Sen. John Kennedy wants Biden’s Supreme Court nominee to know ‘a law book from a J. Crew catalog’ — which means what, exactly?
Kennedy has used this phrase before, but it’s drawing backlash — especially considering that Biden promised to nominate a Black woman to the Supreme Court.
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: Redbox stock cut in half after company warns multiple pressures on its rental business
Shares of Redbox Entertainment Inc. were plunging nearly 50% in midday trading Wednesday after the DVD-rental company warned of various recent pressures to its business.