Snap shares plummet as weak outlook intensifies ad competition fears
(Reuters) – Shares of Snap slumped 17% premarket on Friday, after a dour forecast from...
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Amazon shares tumble on slowing online sales growth
(Reuters) -Shares of Amazon.com fell more than 8% on Friday after the online retailer reported...
U.S. sues TikTok over ‘massive-scale’ privacy violations of kids under 13
By David Shepardson WASHINGTON (Reuters) – The U.S. Justice Department filed a lawsuit Friday against...
AMC Entertainment swings to loss in the second-quarter hurt by weak movie lineup
(Reuters) – AMC Entertainment Holdings posted a loss for the second quarter compared to a...
Wall Street slides after early rally flips into risk-off move
(Reuters) -The S&P 500 fell more than 2% and the Nasdaq more than 3% at...
Tech giants faced major market cap drop in July on earnings worries
(Reuters) – Global mega tech companies’ market capitalisation dropped sharply in July, in response to...
Amazon projects quarterly revenue below estimates, shares slide
By Deborah Mary Sophia and Greg Bensinger (Reuters) -Amazon.com forecast current quarter sales below estimates,...
Clorox forecasts annual profit above estimates, beats fourth-quarter profit on lower input costs
(Reuters) – Bleach maker Clorox forecast annual profit above estimates after beating fourth-quarter profit on...
Trump says he is against everyone having an electric car
CHICAGO (Reuters) – Republican presidential candidate Donald Trump said on Wednesday that he was against...
Carvana forecasts 2024 core profit above Wall Street expectations
(Reuters) -Carvana forecast annual core profit above analysts’ expectations on Wednesday, driven by strong demand...