Market Archives - TechStory

Target Corporation Reports First Quarter Earnings
Target shares sink 25% after company says high costs, inventory woes hit profits

Ayush BansalMay 19, 2022

Image: Seeking Alpha Target shares sank on Wednesday, as surging costs resulted in a big miss in quarterly earnings and a reduced outlook. The stock fell...

BusinessMarketsNews

Sea Limited Reports First Quarter 2022 Results
Shopee-owner Sea tops revenue estimates on e-commerce strength

Ayush BansalMay 18, 2022

Image: ET Retail Singapore-based Sea Ltd beat quarterly revenue estimates on Tuesday (May 17), driven by improvements in its core e-commerce business in Sou...

BusinessMarketsNews

Dow Jones Futures: Stock Market Rally Shows Bullish Action
Stock futures dip as Wall Street looks to build on recent rebound

Ayush BansalMay 18, 2022

Image: Mint U.S. stocks pushed higher Tuesday, buoyed by a rally in tech shares, as all three indexes clawed back from intense selling last week s...

BusinessMarketsNews

Walmart reported its earnings, shares fall
The nation’s largest retailer on Tuesday raised its sales outlook for the year, but lowered its profit expectations.

Ayush BansalMay 18, 2022

Image: Reuters Walmart like many of the families that shop in its stores, is getting squeezed by higher food prices and other rising costs. The country’s lar...

BusinessMarketsNews

Take-Two Interactive Software, Inc. Reports Results for Fiscal Year 2022
Take-Two Earnings Lift the Stock. People Are Still Playing More Videogames.

Ayush BansalMay 17, 2022

Image: Annualreports.com Video game publisher Take-Two Interactive Software (TTWO) late Monday beat Wall Street's target for earnings in the March quarter b...

BusinessMarketsNews

Global-e Reports First Quarter 2022 Results
Global-E Online Shares Plunged After Q1 Earnings, FY22 Outlook

Ayush BansalMay 17, 2022

Image: Global-e The cross-border e-commerce solutions provider, Global-e Online (GLBE) has been bearish since the second half of 2021, continuing its downfa...

BusinessMarketsNews

JetBlue launches hostile takeover bid for Spirit Airlines
JetBlue originally offered $33 a share, a deal that Spirit’s board declined in favor of an earlier plan to merge with Frontier Airlines.

Ayush BansalMay 17, 2022

Image: CNBC JetBlue Airways (NASDAQ: JBLU ) announced will launch a hostile takeover bid for Spirit Airlines (NYSE: SAVE ) after the ultra-low-cost carrier ...

BusinessMarketsNews

LIC IPO: Shares To List Tomorrow, Check Details Here
Shares of LIC were trading at a discount of Rs 15-20 a piece over its issue price of Rs 949 in the grey market ahead of its listing on Tuesday, May 17.

Ayush BansalMay 16, 2022

Image: India.com LIC IPO shares listing Live Updates: India’s insurance sector giant Life Insurance Corporation of India (LIC) will be listing its shares on...

BusinessMarketsNews

Nayib Bukele announces the meet of 44 countries.

EL Salvador’s President announces a meeting with 44 countries to discuss Bitcoin

Nishant KMay 16, 2022

Bitcoin Beach and its emergence Picture Credits: Google Play Bitcoin Beach was founded with the goal of expanding the bitcoin ecosystem in such a way that ...

BitcoinCrypto

Gautam Adani, Chairman of the Adani Group during a press conference at a press conference in Mumbai

Adani to acquire Holcim India assets for USD 10.5 bn
Deal will make the Adanis the second largest cement player in India, after the Aditya Birla Group’s UltraTech Cement

Ayush BansalMay 16, 2022

Image: Mint The Adani Group said on May 15 that it has entered into definitive agreements to acquire Swiss cement major Holcim Ltd.’s businesses in India - ...

BusinessMarketsNews