TUI became the latest company to ditch its share listing in London, as shareholders voted for the German travel giant to list solely in Frankfurt.
Schlagwort-Archiv: CNBC
As online romance scams rise, banks ask for help to save victims billions
Romance scams are run by organized criminal gangs that set up phony social media avatars and use those to connect to potential American victims.
Here’s the inflation breakdown for January 2024 — in one chart
The consumer price index rose by 3.1% in January 2024, a smaller annual increase than in December.
Sony cuts PlayStation 5 sales forecast to 21 million units after posting record revenue
Sony said it now expects to sell 21 million units of the PlayStation 5 in the fiscal year ending March, down from a previous forecast of 25 million units.
Airbnb reports better-than-expected revenue and beats on guidance
Airbnb reported 17% revenue growth for the fourth quarter and provided an optimistic forecast for the current period.
Lyft shares pull way back after CFO corrects major earnings release error
Lyft reported better-than-expected earnings on Tuesday and issued uplifting guidance.
Instacart to lay off 250 employees, or about 7% of the company, as part of restructuring
Instacart on Tuesday announced it would lay off about 250 employees, or roughly 7% of the company, alongside reporting fourth-quarter earnings.
Molson Coors looks to lock in market share gains as consumers shift away from Bud Light
Molson Coors gained market share after the Bud Light boycott last year. Now executives believe they can maintain the growth they’ve seen in the past year.
Nvidia rally is fueling FOMO in the overall market, Evercore’s Julian Emanuel warns
Evercore ISI’s Julian Emanuel finds clients are more worried about being underinvested than overexposed right now.
Hasbro stock plunges after revenue drop, downbeat outlook
Hasbro now expects to cut $750 million in costs by the end of 2025, up from a previous target of $350 million to $400 million.