Posts with tag: outdoors
Reddit stock (RDDT) has plunged 19% after earnings, despite beating EPS estimates. Traffic from Google Search has recovered, but user growth has declined. CEO Steve Huffman and his trust recently sold $70.5 million worth of shares. The US Federal Trade Commission is investigating Reddit's moderation policies.
Published on: February 21, 2025, 09:03 PM UTC
Elon Musk's DOGE commission claims billions in government efficiency savings, but analysis reveals the actual savings may be significantly lower and some of the cuts could have negative economic consequences.
Published on: February 20, 2025, 09:02 AM UTC
Truth Social, the social media company founded by former US President Donald Trump, reports a $400.9 million loss in 2022, with revenue declining by 12%.
Published on: February 15, 2025, 06:00 PM UTC
JPMorgan Chase anticipates criticism for business practices, including diversity, equity, and inclusion (DEI), as per its regulatory filing.
Published on: February 14, 2025, 11:00 PM UTC
JPMorgan Chase CEO Jamie Dimon calls for a restructuring of financial regulatory agencies that oversee his bank and the industry, citing concerns over complexity and potential unfair treatment of customers.
Published on: February 13, 2025, 10:04 PM UTC
Robinhood sees serious money from investors as revenue surges 115%, beating estimates
Published on: February 13, 2025, 04:00 PM UTC
Apptronik secures $350M to accelerate production of AI-powered humanoid robots, positioning itself as a leader in robotics and automation advancements.
Published on: February 13, 2025, 01:00 PM UTC
Warburg Pincus to Acquire Vermont Information Processing, a Beverage Distribution Software Provider, for $1 Billion
Published on: February 12, 2025, 05:05 PM UTC
Scrapping cash Isas could boost the UK economy by encouraging investment in British companies, but it would also strip millions of savers of tax-free returns. While historically stock market returns outstrip cash, British savers are renowned for being cautious. However, the benefits of cash Isas, such as higher interest rates and the ability to access funds quickly, cannot be ignored. The decision whether to scrap cash Isas should be left to individual savers who should retain the right to choose how they manage their own money.
Published on: February 11, 2025, 01:01 PM UTC
Despite Trump's tariffs, you can still buy shares in retailers. But be choosy. Tariffs are just a rising cost input, says BMO Capital Markets retail analyst Simeon Siegel. He thinks scale is important in this volatile backdrop and is more optimistic about Nike (NKE) due to improved running styles and better execution from new CEO Elliott Hill.
Published on: February 07, 2025, 02:01 PM UTC