Check out the companies making headlines in after-hours trading: Netflix — The streaming stock popped more than 4% after third-quarter earnings topped expectations. Netflix earned $5.40 per share on $9.83 billion in revenue, while analysts forecast $5.12 a share and $9.77 billion in revenue. The company also said its...
Check out the companies making the biggest moves midday: Taiwan Semiconductor — Shares surged 12% after the company, which is the world's largest producer of advanced chips, reported a 54% gain in net profit for the third quarter driven by strong AI-related demand. Shares of chip giants Nvidia and...
Nurphoto | Nurphoto | Getty ImagesLOS ANGELES — Netflix is due to report third-quarter earnings after the closing bell Thursday.Wall Street will be paying close attention to details surrounding the company's advertising-supported business model, upcoming live sporting events and the continued impact of its password crackdown on subscriber numbers.After...
Consumer spending held up in September, underscoring a resilient economy that is now getting a boost from the Federal Reserve, the Commerce Department reported Thursday.Retail sales increased a seasonally adjusted 0.4% on the month, up from the unrevised 0.1% gain in August and better than the 0.3% Dow Jones...
Palo Alto, United States, October 17th, 2024, ChainwireAkord, a web3 platform for securing and managing data, also begins its migration to Walrus ProtocolMysten Labs, the web3 infrastructure company, today announced that following a successful Devnet, Walrus Protocol, a decentralized storage network, has launched its public Testnet. Walrus Protocol stores and...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
Traders work on the floor of the New York Stock Exchange, Aug. 22, 2022.Brendan McDermid | ReutersCheck out the companies making headlines in midday trading.AMC — Shares of the movie theater stock sank almost 35% after a judge late Friday approved AMC Entertainment's plan to convert its preferred shares...
Bankers, money managers and other financial market participants are starting to loathe the label “ESG” — but they’re also sticking with the strategy, according to a Bloomberg survey. About two-thirds of respondents in a survey of roughly 300 Bloomberg terminal users said the anti-ESG movement that started in the U.S. last...
Workers replace a roller that compresses steel at the A&T Stainless steel plant in Midland, Pennsylvania, March 2, 2020.Michael Rayne Swensen | Bloomberg via Getty ImagesCheck out the companies making headlines in premarket trading.U.S. Steel — Shares of the steel producer surged more than 26% premarket after it rejected a...
A factory at the mobile phone plant of Rising Stars Mobile India, a unit of Foxconn in Tamil Nadu, India, on July 12, 2019.Bloomberg | Bloomberg | Getty ImagesApple supplier Foxconn beat estimates for second-quarter earnings on Monday thanks to a booming artificial intelligence sector but retained a cautious...
It’s been called the cradle of liberty, throws great parties (tea) and is the state with the nation’s third highest median income (if you include D.C.). And now? Now it’s decided to turn the screws on some of its biggest earners. Late last week Massachusetts Gov. Maura Healey ratified the fiscal...
In this week’s edition of The Interchange, we touch on the resilience of BaaS in a sometimes messy fintech space, earnings highlights, and much more. If you want to receive this in your inbox every Sunday, sign up here. It’s hard to believe it but TechCrunch Disrupt — only one...
We didn’t think we’d see the day. Digital mortgage lender Better.com’s proposal to combine with Aurora Acquisition Corp. via a SPAC (special purpose acquisition) has been approved by shareholders, the company confirmed today. According to a Securities and Exchange Commission (SEC) filing, Better.com will combine with Aurora, or go public, “on...
