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Stocks making the biggest moves premarket: Delta Air Lines, Twitter, Snap and more
Check out the companies making headlines before the bell: Delta Air Lines (DAL) – Delta shares slid 2.9% in the premarket after reporting a mixed quarter. The airline earned an adjusted $1.44 per share for the second quarter, shy of the $1.73 consensus estimate. Revenue exceeded estimates on strong travel demand, but margins took a […]
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8 ways the Elon Musk-Twitter saga could end
Elon Musk arrives at the In America: An Anthology of Fashion themed Met Gala at the Metropolitan Museum of Art in New York City, New York, May 2, 2022. Andrew Kelly | Reuters In the latest twist in the Elon Musk-Twitter saga, the world’s richest man told the social media company he no longer intends […]
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Snap announces Snapchat+ subscription plan that costs $3.99 a month
A man uses the SnapChat app on an Apple iPad Mini. studioEAST | Getty Images Snap announced Wednesday it’s rolling out a $3.99/month subscription plan for Snapchat that unlocks exclusive and pre-release features. It’s called Snapchat+. The announcement comes after Snapchat gave a disappointing sales outlook for the current quarter when it reported first-quarter results […]
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Recruiters say the tech job market is still red-hot, despite isolated layoffs and cautious words from execs
A ‘We’re Hiring!’ sign is displayed at a Starbucks Mario Tama | Getty Images News | Getty Images Last week, senior product manager for Coinbase David Hong wrote on LinkedIn that he was up at 4am to prepare for a meeting when his company MacBook abruptly shut down. He later found out he was part […]
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Stocks making the biggest moves premarket: JD.com, Roku, Alibaba and more
Check out the companies making headlines before the bell: Adobe (ADBE) – Adobe shares fell 3.7% in premarket trading after the software company issued weaker-than-expected financial guidance for the current quarter and the full year. Adobe is facing headwinds from the war in Ukraine and unfavorable foreign exchange rates, although its most recent quarter did […]
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TikTok exec: We’re not a social network like Facebook, we’re an entertainment platform
Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, October 23, 2019. Erin Scott | Reuters TikTok is fully aware that Meta CEO Mark Zuckerberg is retooling the Facebook and Instagram apps to be more like its own popular short video service. But TikTok has no interest in […]
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Here are 5 Investing Club stocks in the news and our take on what’s happening
We break down five developments involving our stocks including Apple, Qualcomm and Eli Lilly. Source
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Dave Roberts is one of the most powerful executives at ESPN – and he wants more diversity behind the scenes
Dave Roberts Provided by ESPN Dave Roberts is a creature of habit. The ESPN executive, who has emerged as an influential force behind the scenes at the network, prefers to take business meetings at the Four Seasons, for instance. In 2015, sports media personality and regular ESPN panelist Bomani Jones was in Los Angeles to […]
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Piper Sandler downgrades Pinterest and Snap, says digital ad sector won’t bounce back soon
Two beaten-down internet stocks could be in for an extended struggle with the digital advertising market in flux, according to Piper Sandler. Analyst Thomas Champion downgraded Snap and Pinterest to neutral from overweight, saying that advertising-dependent stocks are not great rebound candidates for investors. “After a strong two-year stretch, digital ad spend looks to be […]
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Jim Cramer says these three Big Tech stocks have ‘nowhere else to go but up’
CNBC’s Jim Cramer told investors on Tuesday that some stocks have fallen so far from their highs that they will inevitably rally. “While they may stay losers, the bottom line is they’ve fallen so darn far that I think they’ve become metaphors for a whole host of stocks that are now ready to rally because […]
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