Facebook Parent Meta Delays Budgets, Announces Further Layoffs
Facebook’s parent company, Meta Platforms Inc, is reportedly postponing the finalisation of several teams’ budgets as it prepares...
Losses
Losses
Hong Kong Launches Campaign to Revive Tourism with 500,000 Free Airline Tickets in 2023
Hong Kong’s government is giving away half a million free airline tickets in an effort to boost tourism...
Japan’s Nintendo, SoftBank, and Sharp Suffer Major Share Losses Post-Earnings
The stocks of Japanese companies Nintendo Co Ltd, SoftBank Group Corp, and Sharp Corp took a significant hit...
Pinterest Disappoints Wall Street with Downbeat Forecast
Pinterest Inc., the popular social media and image-sharing platform, recently reported its quarterly earnings, missing its revenue estimates....
last Week of 2023: What Does the Future Hold for the Indian Stock Market?
The Indian stock market, represented by the Nifty 50 and Sensex, is poised in the last week of...
Roblox Stock Slumps as Analyst Downgrades Rating Due to Long-term Prospects
Roblox, the popular online gaming platform, recently had its stock rating downgraded by an analyst due to concerns...
Slowing Revenue and Subscriber Growth for Netflix in Earnings Preview
Netflix, the streaming giant, is set to release its fourth-quarter earnings report, which is highly anticipated by investors...
Party City Files for Chapter 11 Bankruptcy Protection Amid Pandemic Challenges
Party City, the US-based party supplies retailer, has filed for Chapter 11 bankruptcy protection, citing the ongoing impact...
Carvana Takes Action to Protect Against Hostile Takeovers: ‘Poison Pill’ Adopted
A poison pill is a defensive tactic used by companies to prevent hostile takeovers. It refers to a...
Microsoft Stock: Is It Time to Sell? Analyst Raises Concerns Over Economic Challenges
Microsoft Corporation (MSFT) saw its stock downgraded by analysts at Barclays on Tuesday, following the company’s recent earnings...