Tag: stocks
Stock market analysis, trading, and investment insights.
Adobe plans to acquire Figma
I see this as Adobe is fading into irrelevance with product engineers
Amazon takes stake in Grubhub
Amazon on Wednesday agreed to take a stake in Grubhub as part of a deal that will also give members of its Prime subscription program a one-year membership to the food delivery service.The partnership gives Amazon the option to take a 2% stake in Grubhub, the U.S
SEC to require climate-change risk disclosures
I'm still a little confused how this would manifest but I'm glad SEC is mandating companies think about climate change as a risk to their businesses
Bird continues to face challenges
Bird sold a vision of micro-mobility and got me excited
Peloton reports wider-than-expected loss
Peloton shares tumbled more than 25% on Thursday, after the company reported weakening sales growth and a wider-than-expected loss in its fiscal first quarter.The company slashed its outlook for the full fiscal year amid softened demand for its exercise equipment and ongoing supply chain challenges
AMD beats revenue estimates with $4.31B
Advanced Micro Devices reported its revenues and earnings for the third quarter ended September 30 exceeded expectations, with revenue growing 54% to a record $4.3 billion.Non-GAAP net income for the quarter was $893 million, or 73 cents a share, beating expectations of 67 cents a share on a non-GAAP basis
Facebook Q3 earnings: profit beats estimates
Surprise surprise, Facebook beats profit estimates
PayPal is exploring Pinterest acquisition
San Jose, California-based PayPal has recently approached Pinterest about a potential deal, the people said, asking not to be identified because the talks are private
Facebook fined $69.6 million in the UK for Giphy takeover
After Facebook acquired the popular GIF repository Giphy (reportedly for $400 million), the UK's Competition and Markets Authority (CMA) launched an investigation to determine if the merger would lessen competition