Peloton sales and subscriber growth fell in Q4 2023 as expected, due to a traditional Q4 slowdown and a recall that affected 2 million bikes.
AMC announced in August that it plans to issue 517 million shares of preferred stock, under the ticker symbol APE to raise more funds and counter its debts.
Meanwhile, investors are closely eyeing the natural gas market, where prices experienced a significant surge on Monday.
Covid vaccine stocks, including Moderna, BioNTech, and Novavax have all closed higher as new vaccinations and treatments roll out.
Arm was acquired by SoftBank in 2016 for $32 billion and expects to return to public trading to compete with other chip designers and manufacturers.
Zoom announced that its Q2 revenue came in at about $1.138 billion, up 3.6 percent YoY.
Xpeng shares fell because the company’s loss increased in Q2 2023. However, deliveries and revenue are still looking good even for Q3.
As the global economic downturn continues, especially with headwinds in China, the Nikkei 225 recorded a big weekly loss as stocks fell.
Market’s bullish sentiment dampens with the Fed hinting that more rate hikes are on the cards amid the sticky inflation.
The Dutch economy, once a beacon of robust growth and stability, has hit a rough patch as it enters a recession following two consecutive quarters of contraction.
While the easing of headline inflation is welcome news for consumers, experts are paying closer attention to the underlying trends.
US financial giants witnessed their shares slide as credit rating downgrades cast a shadow over the sector.
Despite the favorable revenue surprise, Home Depot saw a moderated fiscal year earnings projection implying that the corporation remains cautious about the road ahead.
In the heart of the rapidly evolving EV market in the United States, the Vietnamese automaker is confidently carving out its niche.
Morgan Stanley analysts find a strong visibility for Nvidia for the next 3-4 quarters amid the AI boom.