اختر نوع حسابك

Please accept the terms and conditions to continue.
FINANCIAL NEWS
GameStop reports a mixed bag of earnings results, shifts to NFTs

On Wednesday, GameStop reported mixed first-quarter results as the video game retailer pivots toward a more online-focused model and shifts to cryptocurrencies and nonfungible tokens.

Stellantis expands partnership with Toyota in long-term strategy push

Stellantis NV and Toyota Motor Europe NV said Monday they would expand their existing partnership to produce a new large-sized commercial van, including a battery-electric version for the European market.

Nvidia posts record sales in data center and gaming

Graphics-chip maker Nvidia Corp. gave a muted sales outlook Wednesday as it posted record sales in Data Center and Gaming for the most recent quarter.

Alibaba surge in Hong Kong after strong earnings beat

On Friday, Alibaba Group Holding Ltd shares soared in Hong Kong, extending the positive momentum from U.S. trading overnight as investors welcomed the company's better-than-expected earnings.

Dell's earnings crush estimates on strong PC and enterprise demand

In premarket trading Friday, shares of Dell Technologies Inc. rose 12% after the company reported higher first-quarter sales and lower operating expenses.

Sony to ramp PS5 sales, buy more game studios, grow live services

Sony Group Corp.'s gaming division will ramp up production of its PlayStation 5 console, acquire more game studios and increase investment in additional offerings, its gaming chief said recently.

Snap falls sharply after profit warning, drags rivals with it

Shares of the social media company Snap Inc. plunged as much as 30% in extended trading Monday after warning that it may miss its second-quarter guidance and cut its revenue and profit forecasts below the low end of previous expectations.

Shares of VMware jump on Talks of Broadcom takeover

Shares of VMware, the cloud-computing company backed by billionaire Michael Dell, rose 19% in premarket trading on Monday, following news reports that Broadcom Inc. is in talks to acquire the firm.

Shopify shares are surging on Crypto.com expansion

Earlier this week, Crypto.com, a popular cryptocurrency platform based in Singapore, announced that Shopify merchants are now able to activate Crypto.com Pay on their online storefronts.

Cisco spooks investors on bleak outlook; shares plunge

Cisco Systems Inc. spooked investors Wednesday after generating lower quarterly revenue than analysts expected, sending shares down by as much as 17% in extended trading.

Mastercard pushes its way into the metaverse with facial recognition rollout

Mastercard announced Tuesday it is testing new facial recognition methods to do away with actual credit cards as part of a push toward doing business in the metaverse.

Rivian maintains production forecast as supply chain challenges continue

On Wednesday, electric vehicle maker Rivian reported first-quarter revenues below Wall Street expectations and maintained its production forecast of 25,000 units for 2022.

Apple pulls the plug on iconic iPod but the music lives on

The iconic Apple iPod, which made its first debut over 20 years ago, is facing the end of the road after the company announced Tuesday it would phase out the last remaining model of the music player, the iPod Touch.

Sony announces booming profit; moves away from traditional hardware

Tokyo-based Sony Corp.'s fourth-quarter net profit surged 67% to $852.7 million from a year earlier, thanks to higher earnings from the game, music, and movie businesses, Sony said Tuesday.

Uber warns of hiring slow down; shifts focus on profitability

According to a CNBC report Monday, Uber Technologies will scale back hiring and reduce expenditure on its marketing and incentive activities. The ride-hailing company becomes the latest to rein over a hiring slow down.

Shares of Block rise on Strong Cash App momentum

Block shares were rising early Friday after the payments company said gross profit from its Cash App rose 26% and that overall consumer spending through April had not seen a decline.

Peloton scouts for minority investment of the company

Shares of Peloton Interactive Inc. tumbled sharply this week on news it is seeking to sell a stake of about 20% of the company in an effort to shore up its business.

Activision Blizzard in the spotlight over Buffett's newly 9.5% stake

Billionaire Warren Buffet at Berkshire's annual shareholder meeting on 30 April 2020 shared an increased position in Activision Blizzard, a stake worth about $5.6 billion.

Amazon stocks plunge amid slow sales growth; warehousing demand cools

Amazon stock plunged Friday after reporting its first quarterly loss since Jeff Bezos stepped down as its CEO and its slowest sales growth since 2001.

Qualcomm reports robust outlook and record-breaking revenue amid diversification

Qualcomm reported a robust earnings outlook and record quarterly revenue for the last quarter, mainly due to its move to focus on growing a non-handset business amid the likelihood of slowing smartphone demand.

Microsoft shares rise amid strong profit outlook; driven by cloud-service demand

On Tuesday, shares of Microsoft Corp rose 6% in after-hours trading after the company posted better-than-expected revenue and a strong profit outlook on sales for the current quarter.

IBM shares surge amid Software and Consulting earnings beat

Shares of International Business Machines Corp., better known as IBM, climbed 7% to $138.25 a day after posting results for the first quarter ended 31 March 2022

Tesla posts it highest profit beat in Q1; shares climb

After the electric-vehicle maker posted its highest quarterly profit yet this week, Tesla Inc. shares climbed Thursday, up 3.2% at $1,0008.78.

Ford inks deal for lithium supply, teases F-150 Lightning EV launch

On Monday, Ford Motor Co. announced its agreement to buy lithium from a Lake Resources NL facility in Argentina and later teased a launch date reveal for the highly anticipated F-150 Lightning electric truck.

Shopify announces stock split to protect CEO's voting power

In a regulatory filing Monday, Canadian e-commerce platform Shopify, Inc. announced a 10-for-1 stock split and a new share class dubbed the "Founder share" for its CEO, Tobi Lütke, that will give the founder 40% of the total voting power.

Ready to get started?

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Maecenas tristique justo a molestie consequat.

We utilize cookies to enhance your experience and deliver personalized advertising. Learn More