News

Starbucks’ sales jumped to a record level in its fiscal second quarter, but its profits took a hit from rising labor costs, according to a press release by Starbucks on...

Shares of Advanced Micro Devices Inc rose nearly 6% after its fiscal Q1 earnings and revenue beat estimates, according to a press release by AMD on Tuesday. The company reported...

Airbnb reported Q1 results that surpassed estimates, as pandemic-related restrictions eased further and helped lift business, according to a press release by Airbnb on Tuesday. The company also posted its...

American biotechnology company Biogen Inc. opened the year with a lower bottom line amid lower revenues during the period, the firm reported in a regulatory filing. First-quarter net income for...

English oil and gas firm BP PLC posted opened the year with a loss due to the decision to exit its Rosneft shareholding, the company announced in a filing. The...

Pfizer beat its top and bottom line in its Q1 earnings report after posting strong sales of its Covid-19 vaccine and antiviral treatment, according to a press release by Pfizer...

AXS Investments is launching an exchange-traded fund seeking to offer double the daily exposure to Cathie Wood’s ARK Innovation ETF, according to a statement. Dubbed the AXS 2X Innovation ETF...

The Spirit Airlines Board unanimously decided to continue backing the planned merger with Frontier Airlines as the unsolicited proposal from JetBlue Airways is incapable of being consummated, according to a...

Nikola Corporation announced that institutional investor Antara Capital had agreed to a $200M investment in the company, according to a press release by Nikola on Monday. The institutional investor made...

Warren Buffett’s Berkshire Hathaway Inc is back buying other companies’ shares after complaining of high stock valuations for years, according to a report by Bloomberg on Friday. The conglomerate bought...

Tesla Inc CEO Elon Musk sold nearly 5.23 million shares in the EV giant, valued at around $4.5B in several open market sales on April 28, according to a report...

Shares of GTY Technology skyrocketed 119% after announcing a deal to go private in a sale transaction for $6.30 per share, according to a press release by GTY Technology on...