Thursday, November 28, 2024

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Stock Market

Roblox’s stock tumbles after a big revenue miss, engagement weakness

Roblox Corp.’s stock tumbled Thursday after the online gaming company reported first-quarter revenue that was well below expectations and provided a downbeat current-quarter...

Jobless claims jump to highest level in nine months

Initial jobless claims rose by 22,000 to 231,000 in the week ended May 4, the Labor Department said Thursday.  That’s the highest level since...

Three overlooked stocks from a Spanish quant: ‘Now is not a time everyone is going to win.’

This Spanish fund manager that focuses on U.S. stocks, offers three overlooked names, and says AI is just a part of their stories. Source...

Fans of Panera Bread’s controversial ‘charged’ lemonades are upset the drinks are going away

The fast-casual chain faced concerns and legal action because some customers said they had severe medical reactions to the beverages. Source link

Junior bankers crumble under 90-hour weeks prompting fresh pushback

Investment banks are working their juniors as hard as ever, forcing many into working weeks that stretch beyond 90 hours. This is prompting...

The multi-talented 2025 BMW X5 stands out among midsize luxury SUVs

The 2025 BMW X5 is an exceptional contender in the midsize luxury SUV arena, with a multi-talented package. Source link

Here’s why BBVA just launched a hostile bid for Sabadell

Days after a rebuff of an initial offer, BBVA turned hostile in its attempt to acquire smaller rival Sabadell. Source link

Airbnb expects a stronger summer quarter, spurred by Olympics, but shares fall

Online vacation-rental platform Airbnb Inc. on Wednesday forecast second-quarter sales that were below Wall Street’s expectations, largely due to Easter falling in March...

AppLovin’s stock rallies as earnings highlight improvements in app ad market

Investors were liking the latest numbers from AppLovin on Wednesday, as its stock headed higher in the extended session. Source link

AMC’s Q1 loss narrows and ‘better times are ahead’ says CEO Adam Aron

AMC Entertainment Holdings Inc. narrowed its loss in the company’s first-quarter results after the bell Wednesday, and outperformed amid the lingering impact of...

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