April 25, 2024 Rubrik IPO: Stock price will be closely watched today as Microsoft-backed cybersecurity firm lists on NYSE The Palo Alto company is the latest tech startup to test Wall Street’s appetite at a time when investors are gravitating toward larger public offerings. BY Michael Grothaus While not as high-profile as the Reddit IPO, another … Continue reading Rubrik IPO: Stock price will be closely watched today as Microsoft-backed cybersecurity firm lists on NYSE
April 15, 2024 DJT stock is taking another market beating today as Donald Trump’s trial begins Although the former president’s courtroom battle likely isn’t helping Trump Media, it’s not the main thing impacting shares right now. BY Sam Becker Donald Trump will become the first former president to stand criminal trial today, and you could say … Continue reading DJT stock is taking another market beating today as Donald Trump’s trial begins
WSJ study highlights youth exposure to conflict content on TikTok Maxwell William / Last Updated: Dec 23, 2023 In a revealing experiment by The Wall Street Journal, automated accounts posing as 13-year-olds on TikTok were inundated with polarizing and often extreme content related to the Israel-Gaza conflict. This investigation highlights the potent influence of … Continue reading WSJ study highlights youth exposure to conflict content on TikTok
By Sam Becker November 09, 2023 It hasn’t been a cinematic day for AMC Entertainment, the parent company of AMC Theatres. As of late Thursday morning, AMC’s stock price fell by nearly 20% shortly after the company released its third-quarter 2023 earnings results. That earnings report wasn’t necessarily bad—it showed the company grew revenue … Continue reading What the hell is happening with AMC stock?
By Yasmin Gagne November 05, 2023 After John Furner, president and CEO of Walmart U.S., told Bloomberg in October that GLP-1s, a class of medications prescribed for weight loss—which include Ozempic, Mounjaro, and Wegovy—are changing how shoppers behave, resulting in their buying slightly less food, shares for Mondelez (maker of Oreo), PepsiCo, and Hershey’s … Continue reading Ozempic is not going to slim down your stock portfolio (yet)
By Michael Grothaus March 30, 2023 If you used Robinhood’s platform in 2020 and were affected by specific outages that the trading app experienced, you may be eligible for compensation. Robinhood has reached a proposed class action settlement for specific outages and will pay $9.9 million to settle claims surrounding trading losses. Here’s what … Continue reading Robinhood might owe you money after it suffered outages in 2020. Here’s how to check
By Christopher Zara February 17, 2023 Big Oil loves them. So does Meta. Even Norfolk Southern Railway is a fan. We’re talking about stock buybacks, the perennially popular practice of companies scooping up their own shares on the open market. Buyback programs can be a hit with shareholders and executives, but they’re controversial. In … Continue reading Stock buybacks are still all the rage, and company executives can’t stop talking about them
By Michael Grothaus February 01, 2023 The beleaguered fitness company Peloton Interactive, once one of the hottest stocks of the pandemic, has revealed its second-quarter results for the fiscal year 2023. Announcing the results, Peloton CEO Barry McCarthy said, “If you’ve been wondering whether or not Peloton can make an epic comeback, this quarter’s … Continue reading Peloton stock price jumps: CEO touts ‘epic comeback’ amid narrowing losses
By Chris Morris January 26, 2023 Wall Street, it would appear, has more than a few doubts about e-sports. FaZe Clan, the digital gaming-and-e-sports-content platform that went public just over six months ago with a valuation of $1 billion, is already trading well below a dollar per share, putting the company at risk of … Continue reading FaZe Clan faces possible delisting from the Nasdaq—just 6 months after going public
Agencies To Wall Street: Short The Video Ad Marketplace by Joe Mandese @mp_joemandese, January 26, 2023 As part of a regular series of ad-executive fireside chats with Wall Street analysts at New Street Research, two influential agency media executives — GroupM’s Kate Scott-Dawkins and Horizon’s Donnie Williams — said the kind of short-form video advertising … Continue reading Agencies To Wall Street: Short The Video Ad Marketplace
