Tag Archives: tanks

[unable to retrieve full-text content]Trump Media stock tanks on move to issue millions of shares  Yahoo Finance Source link

[unable to retrieve full-text content]Trump Media stock tanks 18% on move to issue millions of shares  Yahoo Finance Source link

[unable to retrieve full-text content]Trump Media stock tanks 16% on move to issue millions of shares  Yahoo Finance Source link

Snap stock (SNAP) tanked on Wednesday, sinking almost 35% as investors digested another disappointing quarterly report. The Snapchat parent company posted Q4 quarterly revenue of $1.36 billion, below Street estimates for $1.38 billion. The company has now missed revenue estimates on six of the last eight reports. And now, it says it expects to lose more money in the current quarter than Wall Street expected too. The company is now projecting an adjusted EBITDA loss in a range of $55 million… Source link

By Nidal al-Mughrabi, Arafat Barbakh and Tyrone Siu GAZA/ISRAEL-GAZA BORDER (Reuters) -Israeli tanks stormed back into parts of the northern Gaza Strip they had left last week, residents said on Tuesday, reigniting some of the most intense fighting since the New Year when Israel announced it was scaling back its operations there. Massive explosions could be seen over northern areas of Gaza from across the border with Israel – a rarity over the past two weeks after Israel announced a drawdown… Source link

The end may be near for Bed Bath & Beyond (BBBY). In a statement published before the market open on Thursday, the company said bankruptcy is on the table as it works to shore up its leaky balance sheet amid continued financial struggles. “The Company continues to consider all strategic alternatives including restructuring or refinancing its debt, seeking additional debt or equity capital, reducing or delaying the Company’s business activities and strategic initiatives, or selling assets,… Source link

Amazon (AMZN) shares tanked nearly 20% in after-hours trading on Thursday after it reported misses on revenue and sales for its Amazon Web Services cloud business, along with disappointing fourth-quarter guidance. Here’s what came down from the e-commerce giant after the bell: Revenue: $127.1 billion actual versus $127.63 billion expected Adjusted Earnings Per Share (EPS): 28 cents actual versus 22 cents expected Amazon Web Services (AWS) Net Sales: $20.5 billion actual versus $21 billion… Source link

The West has hit Russia with a range of economic sanctions including a promise this weekend from the G-7 nations to reduce their dependence on the country’s oil. But one type of sanction, so-called “export controls,” has attracted less attention than other high-profile penalties like seizing oligarchs’ yachts. Export controls ban companies from sending crucial products like semiconductors to Russia with the goal of gradually starving its economy. But a top Biden administration official told… Source link

Shark Tank investor and crypto-convert Kevin O’Leary believes non-fungible tokens (NFTs) will be bigger than bitcoin (BTC-USD). The chairman of O’Shares Investments told Yahoo Finance Live that NFTs offer value because of their ability to digitally track the ownership, authenticity and inventory management of real-world items like vintage watches (of which O’Leary is a big collector), sports memorabilia, artwork and other assets. “One of the biggest challenges I have is inventory… Source link

Shark Tank investor Kevin O’Leary may be bulking up his portfolio with cryptocurrency these days, but he is slimming down his weight. The 5’10” millionaire businessman is currently 164 pounds, after dropping 20 pounds late last year. O’Leary tells Yahoo Finance Live he was incentivized to shed those pandemic pounds after his annual medical checkup revealed he had high blood pressure. “My doctor said you’ve got to lose 20 pounds, your blood pressure is way up. It’s been going up… Source link