Samsung profits soar 50% on chip sales.
Samsung reported solid results on Thursday, with benefits for the primary quarter climbing more than 50% compared to the same time a year ago. The...
Deutsche Bank Predicts Major US Recession Next Year.
Deutsche Bank’s economists have warned that the U.S. will endure a major recession next year. In any case, a few other major investment banks, counting...
Dow Jones Rallies As Facebook Soars 18% On Earnings
The Dow Jones Industrial Average rallied Thursday after Wednesday's stock market rebound failed. Tech mammoth Meta Stages (FB) soared more than 18%. Meanwhile, PayPal (PYPL),...
Twitter miscounted daily users for three years straight.
Twitter overstated the number of daily clients on its benefit for three years straight, overcounting by up to 1.9 million users each quarter. The blunder...
Elon Musk wins $13B suit over Solar City deal Tesla shareholders
A Delaware judge has sided with Elon Musk in a strong claim brought by Tesla shareholders, which blamed the official of coercing the electric vehicle...
Facebook parent Meta’s shares rally despite.
Facebook parent Meta posted its slowest revenue development since going open, but its share cost bounced as benefits held up way better than anticipated within...
Boeing delays its newest jet as losses.
The bad news keeps piling up for Boeing. The company is postponing the debut of its most up to date traveler fly to 2025, and...
Google’s earnings should be a warning to investors in Facebook and other online.
Google parent company Letter set Inc. GOOGL GOOG reported first quarter results Tuesday that were slightly bashful of Wall Road estimates, with revenue at Google...
Meta is opening its first retail store next week
Meta is launching its first equipment retail store on its campus in Burlingame, California. The store, which opens May 9th, will let visitors try out...
Stocks making the biggest moves premarket PepsiCo.
PepsiCo – Shares of the food and beverage giant plunged in the premarket although the company detailed a beat on the top and bottom lines...