Thursday, November 28, 2024

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Stock Market

Instacart names Uber veteran its new CFO, as results top estimates

Maplebear Inc. — the grocery-delivery platform better known as Instacart — said Wednesday that its chief financial officer had resigned, effective immediately, and...

Trade Desk scores earnings beat as it continues to ride momentum in connected TV

Continued growth in advertisements on connected TV helped Trade Desk Inc. beat earnings expectations for the latest quarter when it reported results Wednesday...

Sony, Apollo reportedly plan to break up Paramount if their buyout bid succeeds

Paramount Global’s vast entertainment empire would be broken up if a buyout bid from Sony Pictures Entertainment and Apollo Global Management succeeds, according...

BOJ’s policy board becoming more concerned about effects of a weaker yen

The Bank of Japan’s policy board is becoming more concerned about upside risks to its inflation outlook amid the yen’s sharp weakening which...

Disney+, Hulu and Max to be part of new bundle as streaming rivals team up

Disney and Warner Bros. Discovery announced a new streaming bundle Wednesday that will be offered to customers beginning this summer. Source link

Duolingo’s longer-term forecast gets brighter, but short-term outlook disappoints

Duolingo Inc. on Wednesday said it saw a jump in demand in the first quarter, but investors appeared more concerned about the second,...

Better news for Social Security and Medicare doesn’t mean their problems have gone away

This just gives Congress more time to procrastinate on this critical issue Source link

The real winner of the Drake-Kendrick Lamar feud is this Chinese restaurant

The rap beef between Drake and Kendrick Lamar is leading to more sales of, well, beef. Source link

10-year Treasury yield finishes higher for first time in six sessions

Yields on U.S. government debt closed higher on Wednesday after lackluster demand at a 10-year-note auction left the Treasury market’s selling momentum intact. Source...

Jackpot! Slot-machine gamblers could keep more of their winnings from IRS scrutiny under proposed rule

Gamblers who play slot machines may soon be able to win more money before the Internal Revenue Service takes notice — and it...

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