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Disney Layoffs Begin This Week as Bob Iger’s Transformation Plan Takes Shape

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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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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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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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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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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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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