Snap’s stock price initially plunged more than 11% then moderated to a smaller decline as investors digested positive user and revenue growth on Tuesday after the company reported its second-quarter earnings.
Schlagwort-Archiv: CNBC
Snap warns Q3 advertising could be hurt by pandemic impact on sports, movies, back-to-school
Snap warned that the uncertainty around events like the back-to-school season and the operations of sports leagues in the third quarter could impact advertising demand.
United Airlines loses $1.6 billion in second quarter but expects to further lower cash burn
United and other airlines are scrambling to cut costs as demand for air travel remains depressed in the coronavirus pandemic.
Alibaba’s Ant could be bigger than some Wall Street banks — What you need to know about the dual IPO
Ant Group, an affiliate of Alibaba, announced plans for its long-awaited dual listing in Shanghai and Hong Kong on Monday.
Robinhood scraps launch of its investing app in the UK
Robinhood has told U.K. customers that it will refocus its efforts on strengthening core business in the U.S.
Stocks making the biggest moves in the premarket: Coca-Cola, Tapestry, Lockheed Martin & more
The stocks making the biggest moves in premarket trading include Coca-Cola, Tapestry, Lockheed Martin, and more.
Cramer says he can’t recall a ’self-inflicted‘ disaster in America ever as bad as the coronavirus
CNBC’s Jim Cramer said Monday that the U.S. response to the coronavirus pales in comparison to how nations such as Japan and South Korea have handled it.
Robinhood scraps launch of its investing app in the UK
Robinhood has told U.K. customers that it will refocus its efforts on strengthening core business in the U.S.
IBM improves gross margins in Q2 under new CEO
IBM’s revenue declined for a second consecutive quarter as the coronavirus made an impact across multiple business units.
Logitech raises full-year outlook as quarterly operating profit jumps more than 75%
Logitech raised its outlook for the 2021 fiscal year and reported a more than 75% increase in non-GAAP operating income in its first quarter, boosted by demand for its webcams, video conferencing products and headsets as homeworking increased during the coronavirus lockdowns.