News Archives - Page 6 of 396

Zoom Stock Rallies on Earnings Beat and Upbeat Guidance

Last Updated: February 28, 2023

Zoom Video Communications (NYSE: ZM) stock is trading higher in US premarket price action today after it reported better-than-expected earnings for its fiscal fourth quarter […]

Amazon’s Market Cap Falls Below $1 Trillion Again amid Slowdown Woes

Author: Mohit Oberoi

Last Updated: February 27, 2023

Amazon’s (AMZN) market cap has fallen below $1 trillion yet again amid the sell-off in tech shares. The company is battling a severe slowdown and […]

Fed Released Its Meeting Minutes: Here are the Key Takeaways

Author: Mohit Oberoi

Last Updated: February 23, 2023

The US Fed released its minutes for the January meeting yesterday. Here are the key takeaways from the minutes. At the meeting, which began on […]

Coinbase Stock Whipsaws after Mixed Q4 Earnings: Key Takeaways

Author: Mohit Oberoi

Last Updated: February 22, 2023

Coinbase (NYSE: COIN) released its earnings for the first quarter of 2022 yesterday. The stock whipsawed in post-market trading after the earnings release. Coinbase reported […]

Goldman Sachs is Bullish on Chinese Stocks: Here’s Why

Author: Mohit Oberoi

Last Updated: February 21, 2023

Goldman Sachs is bullish on Chinese stocks and expects them to rise by as much as 24% this year. Here’s what makes the company bullish […]

Days After Dawn Project Ad Tesla Recalls Vehicles Over FSD Safety Project

Author: Mohit Oberoi

Last Updated: February 17, 2023

Tesla (NYSE: TSLA) has recalled 362,758 vehicles due to safety concerns over the FSD (full-self driving) software. The recall comes days after Dawn Project ran […]

Another ‘Execution’ Woe for Ford as It Halts F-150 Lightning Production

Author: Mohit Oberoi

Last Updated: February 15, 2023

Ford (NYSE: F) has halted the production and shipments of its F-150 Lightning pickup due to a battery issue. It looks like another trouble for […]

Could the US Inflation Report Surprise Markets Today?

Author: Mohit Oberoi

Last Updated: February 14, 2023

Today, the US Labor Department would release the inflation data for January. The inflation reading has positively surprised markets for the last couple of months. […]

Disney Proxy Fight Ends as Bob Iger Announces Cost Cuts and Reorganization

Author: Mohit Oberoi

Last Updated: February 10, 2023

After Disney (NYSE: DIS) released its earnings for the fiscal first quarter of 2023, activist investor Nelson Peltz whose firm owns Disney shares ended the […]

Zoom Announces Mass Layoffs as another Pandemic Darling Feels the Heat

Author: Mohit Oberoi

Last Updated: February 8, 2023

There has been no respite from tech layoffs and Zoom Video Communications (NYSE: ZM) has said that it would eliminate 1,300 positions which are around […]