[unable to retrieve full-text content]Stocks Ease Ahead Of Wednesday’s Key Events, Apple Jumps To Record Highs, Bitcoin Tumbles To $66,500: What’s … Yahoo Finance Source link
Read More »Fisker (FSR) unloaded a cache of bad news during its Q4 earnings report yesterday, shaking investors and Wall Street analysts. Fisker reported that given its financial condition, evolving dealership sales approach, and challenging EV market, it has “substantial doubt about its ability to continue as a going concern” when the company files its official financial statements for 2023. Fisker also said it would reduce its headcount by 15%. Fisker said it had $396 million in cash at the end of… Source link
Read More »Roku, Inc. (ROKU) shares tumble lower in Thursday’s after-hours trading as its average revenue per user dropped by 4% year-over-year in the fourth quarter. The TV and streaming company managed to beat revenue estimates and reach 80 million active user accounts in the last quarter. Yahoo Finance Entertainment Reporter Alexandra Canal breaks down the earnings report and key figures moving the stock. For more expert insight and the latest market action, click here to watch this full episode of… Source link
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(Bloomberg) — Samsung Electronics Co. posted its sixth straight quarter of declining operating profit, reflecting weak consumer demand and stoking uncertainty over the timing of a broader tech recovery. Most Read from Bloomberg Korea’s largest company reported a 35% fall in operating income to 2.8 trillion won ($2.1 billion), about 24% shy of estimates. Revenue slid more than anticipated to 67 trillion won. For all of 2023, Samsung reported its slimmest operating profit in 15 years. The… Source link
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[unable to retrieve full-text content]Bitcoin rises, Tesla tumbles, Tapestry earnings: Top movers Yahoo Finance Source link
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