Tag: business news

Wayfair's sales slid during its first quarter, but the online furniture retailer reduced its losses after cutting 13% of its ...

Don’t rate Tesla’s Full Self Driving too highly, tech investor says: ‘By no means autonomous driving’

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People are shopping at a Tesla store in Shanghai, China, on Feb. 17, 2024.Costfoto | Nurphoto | Getty ImagesNews of ...

Stocks making the biggest moves after hours: Amazon, Starbucks, Pinterest, Advanced Micro Devices and more

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An Amazon worker walks past his Amazon Prime delivery truck in Washington, DC, on February 19, 2022.Stefani Reynolds | Afp ...

Apple’s falling iPhone sales don’t bother Wall Street so long as margins, buybacks are increasing

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A 10% decline in iPhone sales sounds like a problem for Apple, considering the company counts on the devices for ...

Coinbase reports first-quarter revenue beat after bitcoin rally leads surge in profit

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A smartphone with displayed Coinbase logo and representation of cryptocurrencies are placed on a keyboard in this illustration taken, June ...

Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt

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Barry McCarthy, president and CEO of Peloton Interactive, walks to a morning session at the Allen & Company Sun Valley ...

NYCB shares jump 30% after CEO gives two-year plan for ‘clear path to profitability’

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A New York Community Bank stands in Brooklyn, New York City, on Feb. 8, 2024.Spencer Platt | Getty ImagesNew York ...

Taylor Swift and Drake’s label UMG strikes new licensing deal with TikTok to end spat

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Taylor Swift attends the 66th GRAMMY Awards at Crypto.com Arena on February 04, 2024 in Los Angeles, California. Neilson Barnard | ...

Microsoft to open new data center in Thailand as it doubles down on AI and Southeast Asia

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BANGKOK, THAILAND - 2024/05/01: Satya Nadella, the executive chairman and CEO of Microsoft Corporation speaks during the "Microsoft Build: AI ...

Why hundreds of U.S. banks may be at risk of failure

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