Activision Blizzard Inc. shares rose in the extended session Thursday after the videogame publisher’s holiday-quarter sales and revenue outlook for the current quarter surpassed Wall Street expectations.
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Shares in Kuaishou Technology nearly tripled from their IPO price in early trading Friday, implying a market value of more than $160 billion, versus nearly $61 billion when the share sale was priced.
‘The majority of gig workers are forced to participate in the gig economy not to fund a passion project but to keep food on the table,’ said Cherri Murphy a Lyft driver
Already, the frenzy over WallStreetBets and GameStop is beginning to fade. In its wake, financial markets should be reminded that the most enduring retail investing mania over the last few months has focused on bitcoin.
The extended ban complicates cruise operators’ efforts to restart sailings in North America this year, prolonging their hiatus since voyages came to a halt in March 2020 due to coronavirus outbreaks on ships.
On Thursday, Snap, Pinterest and Unity Software each said they anticipate some issues or headwinds resulting from Apple’s upcoming changes to its privacy settings, seemingly supporting Facebook’s argument that the changes will hurt app makers.
In a blunt and defiant video, Sen. Ben Sasse on Thursday told a Nebraska Republican group to go ahead and censure him for “not bending the knee” to former President Donald Trump.
The Biden administration wants to steer the American economy away from fossil fuels that contribute to climate change. So why are oil prices and energy stocks and bonds rallying?
Pinterest Inc. capped off a roaring 2020 by adding a record 100 million-plus users for the year and posting 76% year-over-year growth in fourth-quarter revenue on the strength of holiday retail, the company said Thursday.
Treasury Secretary Janet Yellen convened a meeting with the nation’s top regulators Thursday, who are continuing to review whether recent volatility in popular “meme stocks,” and brokers response to it, “are consistent with investor protection and fair and efficient markets,” according to a Treasury Department statement.
Shares of Gilead Sciences Inc.’s stock gained 2.1% in after-hours trading on Thursday after the drug maker surprised investors with better-than-expected sales of its COVID-19 drug Veklury during the fourth quarter of 2020.