Browsing: Investing
Coinbase Global CEO Brian Armstrong said operations are recovering at the exchange after a surge in traffic earlier in the day swamped its systems and caused problems for users, such…
Paramount Global, long the subject of talk that it might be sold, continued to balance a fast-growing but unprofitable streaming business with a collection of declining television and movie assets…
Online-dating company Bumble Inc. will lay off approximately 350 workers — about one-third of its workforce — as part of a restructuring plan. The company said late Tuesday that it…
Salesforce Inc.’s stock slipped 1.7% in after-hours trading Wednesday after the company racked up revenue and earnings that topped analysts’ estimates. It also provided updates on its recently released Einstein…
Macy’s Inc.’s decision to close its iconic store in San Francisco’s Union Square has thrust the issue of retail theft into the spotlight once again — although the union representing…
Shares of WW International Inc., better known as Weight Watchers, tumbled after hours on Wednesday, as the weight-loss platform said Oprah Winfrey planned to leave its board and donate her…
HP Inc.’s stock fell 3.5% in extended trading Wednesday after the computing giant reported results that aligned with Wall Street’s estimates. “There are signs of a slowdown in revenue decline,…
The price of bitcoin surged past $64,000 briefly on Wednesday, touching levels not seen since November 2021 as a bullish run for the top cryptocurrency continued. Bitcoin BTCUSD, +4.60% was…
Coinbase COIN, +0.79% has seen a “large surge of traffic” that has led some of its users’ accounts to appear to have a $0 balance, company CEO Brian Armstrong said…
Snowflake Inc.’s stock tumbled more than 20% in Wednesday’s extended session as the company disappointed with its latest outlook and stunned Wall Street with the news that its chief executive…