The episode highlights tension on Wall Street as firms summon their workers back to offices.
Schlagwort-Archiv: Markets
Billionaire Barry Diller calls stock market ‚great speculation,‘ urges everyone to save cash
„Personally, and professionally, every nickel you can, keep it … wherever it’s banked,“ IAC and Expedia Chairman Barry Diller said on CNBC on Tuesday.
China’s online shopping growth stalls — a sign of slow economic recovery
Chinese fervor for online shopping waned in August, a sign that the world’s second-largest economy still faces many challenges as it tries to rev up consumption at home.
Apple, Amazon and Google will emerge as winners from a major market shift, tech analyst Gene Munster predicts
„There’s going to be a fracturing of the performance within FAANG,“ Loup Ventures’ Gene Munster says.
Nike shares soar 13% as online sales jump 82%, retailer sees rebound in China
Parents were seen stocking up on sneakers for their kids this back-to-school season, and Nike’s business finally started to pick back up overseas amid the coronavirus pandemic.
$5 billion fintech firm TransferWise posts fourth straight year of profitability
CFO Matt Briers said TransferWise „could list right away,“ but is in no rush for an initial public offering.
Stitch Fix shares plummet after personal styling service swings to a loss
The online personal styling service rebounded from supply chain challenges earlier during the coronavirus pandemic.
Deutsche Bank, JPMorgan lead drop in financial shares amid report the banks moved suspicious funds
The sell-off was triggered by a report that several global banks moved allegedly illicit funds over the past two decades despite warnings from U.S. officials.
Nikola saga hits three speculative areas at once: SPACs, Robinhood traders and electric vehicles
Nikola’s unwind shines a spotlight on special purpose acquisition companies, Robinhood retail investors and electric vehicle companies.
Carvana shares surge 24% after company projects record quarter
The online marketplace for used cars said it expects record revenue in its third quarter.