In an internal memo, Disney (NYSE: DIS) CEO Bob Iger said that the company would announce its first round of layoffs this week which are […]
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March 27, 2023
Rivian Stock is Underperforming EV Peers in 2023: Can it Recover?
With a YTD loss of 25%, Rivian stock (NYSE: RIVN) is underperforming the markets as well as EV (electric vehicle) peers in 2023. Can the […]
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March 24, 2023
TikTok Scrutiny & AR Enterprise Solution Drives Snap Stock Higher
Snap stock (NYSE: SNAP) stock rose over 3% yesterday and has outperformed the markets over the last couple of weeks. Growing scrutiny of TikTok in […]
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March 23, 2023
US Stocks Fall as Fed Raises Rates by 25 Basis Points despite the Turmoil
The US Fed raised its policy rates by 25 basis points yesterday. US stocks whipsawed but eventually major indices closed with losses of over 1.5%. […]
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March 22, 2023
GameStop Stock Pops on Surprise Profit: Is a Short Squeeze Coming?
Meme stock darling GameStop (NYSE: GME) is trading sharply higher in US premarket price action today after reporting a surprise profit for the fourth quarter […]
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March 20, 2023
UBS Buys Credit Suisse for $3.2 Billion as Regulators Scramble to Instill Confidence
UBS has agreed to buy Credit Suisse for $3.2 billion in a deal that had the blessings of Swiss regulators. Amid the banking crisis, agencies […]
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