Peloton shares is down over 89% recently and the company is scheduled to report earnings tomorrow. Peloton stock is trading at an all-time low with the company facing issues with inventory and client ...
Rising interest rates, increasing gas prices, and increased uncertainty are wreaking havoc on Wall Street, notably in the auto sector. General Motors lost $2.73 a share, or 7.8%, to $32.28 a sha...
High travel demand during the Covid-19 pandemic, which lasted more than two years, has partly benefited airlines, with Delta, United, and American recently expecting a rebound to profitabili...
Bitcoin rose on Monday after falling below its 2017 high. Investors were on edge due to a spate of negative cryptocurrency stories and macro issues that kept sentiment under pressure. The most p...
Amazon, the world's largest e-commerce company, will most likely disrupt the Nigerian e-commerce sector when it launches in the country in April 2023. Amazon will compete against t...
Elon Musk has withdrawn his $44 billion offer to purchase Twitter, citing numerous alleged violations of the merger agreement. After the richest person in the world chose to purchase Twitter in...
As the economic rebound gives way to a potential recession, big U.S. banks' second quarter profits are anticipated to decline dramatically from a year earlier on increasing loan loss reserves. ...
Mortgage rate declined for a second consecutive week on Friday, marking the biggest drop since December 2008. According to Freddie Mac, for nearly 3 decades the fixed-rate mortgage averaged 5...
YouTube's live TV streaming service, YouTube TV reached a new record on Tuesday, according to Chief Product Officer Neal Mohan. The executive stated the platform has already topped 5 milli...
Sundar Pichai, the CEO of Alphabet, the parent company of Google, said in an email to employees that the company will cut down hiring and investment until 2023. “Like all companies, ...