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The company will use the $30 billion in proceeds from the deal to cut down on debt, with a planned 1-8 reverse stock split in the works.
A mixture of incredible earnings and a large special dividend mark a great day for the Detroid-based technology-heavy holding company.
The technology company plunged following a revenue beat, although it came at a price with SBC rising, and a lowered 2021 growth outlook.
While the company’s now worth over $350 billion, there’s still several (at least 10) reasons to back buying into the payments company.
The big data company is now worth over $55 billion dollars on news of a possible 4X in customers on the company’s software ahead of Demo Day.
Netflix blew past subscriber expectations to hit 200 million subscribers, offering a hint at either a dividend or buyback program for shares.
The company filed to launch the ARK Space Exploration ETF as ARKX, sending shares in companies such as Virgin Galactic soaring on the news.
A Tweet with over 300k likes led to millions of shares of Signal stock being exchanged. Issue is, Musk meant the app, not the healthcare co..
Starting at $7,000 earlier this year, and ending at right under $30,000, 2020 marks an almost 400% gain for the very variable cryptocurrency.
Yet again, FedEx blew away quarterly earnings expectations, following increased shipping and logistic gains from the pandemic’s at-home move.
All indexes fell this Thursday afternoon after news that the Pfizer-BioNTech vaccine had received a cut in its expected roll-out numbers.
The Dow’s surprising all-time high follows an incredibly unique year marked by a pandemic and a financial crisis, but with large stock gains.
The cybersecurity company’s stock price rocketed after hours, following a $400 million investment an an acquisition of Respond Software.
The “uncarrier” mobile company hit another landmark following its $20 billion acquisition of Sprint, partially due to COVID-19 pandemic.
Wednesday’s 943 point drop is the worst sell off in months, following tons of global issues. Here’s why this day was so hard on the market.
With one-third of the S&P 500 reporting earnings this week, and coronavirus cases rising, this week either marks a massive rise or a fall.
Netflix’s Q3 report was already expected to be below average, but a rough quarter for the company made it even worse.
Sony’s uber-popular PlayStation 5 may receive a new design and more efficient AMD chipset in an upcoming redesign for the console.
In an unnerving change of events for Amazon employees, the company is now forcing new AI cameras and biometric contracts onto drivers.
It’s been less than 2 years since Facebook purchased CTRL-Labs, and they’re already releasing concepts of how neural wristbands will work.
In a CNBC “Squawk Alley” interview on Wednesday, Disney CEO Bob Chapek has confirmed that Disneyland will be reopening later next month.
The company will use the $30 billion in proceeds from the deal to cut down on debt, with a planned 1-8 reverse stock split in the works.
The upcoming stimulus package is massive. $1.9 trillion means it wins 2nd place for 2 things: price and confusion. Here’s what’s in it..
In a unique turn of events, Apple subpoenaed Valve for the sales figures of over 30,000 games on Steam in its legal fight against Epic Games.
While the company’s now worth over $350 billion, there’s still several (at least 10) reasons to back buying into the payments company.
Disney+ is up to almost 100 million subscribers already, bringing in over $3.5 billion for Q4 with the rest of Disney’s streaming offerings.
Microsoft has collected quite the library for their game subscription service, Game Pass, which for $15/month, has over 500 games available.
Quarterly sales for Q2 2020 grew over 17% to an all-time high of $43.1 billion, buoyed by Azure growth and surprising Xbox console gains.
The big data company is now worth over $55 billion dollars on news of a possible 4X in customers on the company’s software ahead of Demo Day.
The company filed to launch the ARK Space Exploration ETF as ARKX, sending shares in companies such as Virgin Galactic soaring on the news.
The company continues its massive shift from ICE to electric, with an entirely new logo and commercial business division dedicated to EVs.
In a frenzied 5G airway spectrum, carriers such as Verizon, AT&T, T-Mobile and Charter have broken spending records for cellular capacity.
Musk’s Tesla falls just 450 vehicles short of their half a million EV delivery target, or about 0.09% away from their goal.
Third Point’s Dan Loeb pressed Intel to make sweeping manufacturing changes in order to bring back lost market share and declining value.
The biggest hack in years involved several US agencies, 18,000 customers, and more than 425 of the Fortune 500, the US’ biggest companies.
The over-the-ear AirPods Max headphones release on December 15th, marking Apple’s move into the expensive high-end headphone market.
Bloomberg reported that Apple is already prepping next-gen Apple Silicon chips, with up to an incredible 128 high-performance GPU cores.
AT&T’s WarnerMedia has decided to release all Warner Bros films on HBO Max at the same time as in theaters, for a month before their removal.
The fitness equipment company with a strong support base received incredible growth during the pandemic. Here’s why I think that’ll continue.
The Dow’s surprising all-time high follows an incredibly unique year marked by a pandemic and a financial crisis, but with large stock gains.
Airbnb’s long awaited IPO is coming December, having filed for a $1 billion offering earlier this week, and a surprise profit reported.
After decades of growing development costs and not a single change to video game pricing, next-gen games’ prices are changing to $69.99.
When finance becomes an important part of your life, come to Statural Finance, where we’ll help teach you important parts of personal finance, recommend stocks to invest in, and bring you market news.
Sony’s uber-popular PlayStation 5 may receive a new design and more efficient AMD chipset in an upcoming redesign for the console.
In an unnerving change of events for Amazon employees, the company is now forcing new AI cameras and biometric contracts onto drivers.
It’s been less than 2 years since Facebook purchased CTRL-Labs, and they’re already releasing concepts of how neural wristbands will work.
In a CNBC “Squawk Alley” interview on Wednesday, Disney CEO Bob Chapek has confirmed that Disneyland will be reopening later next month.
The company will use the $30 billion in proceeds from the deal to cut down on debt, with a planned 1-8 reverse stock split in the works.
The upcoming stimulus package is massive. $1.9 trillion means it wins 2nd place for 2 things: price and confusion. Here’s what’s in it..
In a unique turn of events, Apple subpoenaed Valve for the sales figures of over 30,000 games on Steam in its legal fight against Epic Games.
While the company’s now worth over $350 billion, there’s still several (at least 10) reasons to back buying into the payments company.
Disney+ is up to almost 100 million subscribers already, bringing in over $3.5 billion for Q4 with the rest of Disney’s streaming offerings.
Microsoft has collected quite the library for their game subscription service, Game Pass, which for $15/month, has over 500 games available.
Quarterly sales for Q2 2020 grew over 17% to an all-time high of $43.1 billion, buoyed by Azure growth and surprising Xbox console gains.
The big data company is now worth over $55 billion dollars on news of a possible 4X in customers on the company’s software ahead of Demo Day.
The company filed to launch the ARK Space Exploration ETF as ARKX, sending shares in companies such as Virgin Galactic soaring on the news.
The company continues its massive shift from ICE to electric, with an entirely new logo and commercial business division dedicated to EVs.
In a frenzied 5G airway spectrum, carriers such as Verizon, AT&T, T-Mobile and Charter have broken spending records for cellular capacity.
Musk’s Tesla falls just 450 vehicles short of their half a million EV delivery target, or about 0.09% away from their goal.
Third Point’s Dan Loeb pressed Intel to make sweeping manufacturing changes in order to bring back lost market share and declining value.
The biggest hack in years involved several US agencies, 18,000 customers, and more than 425 of the Fortune 500, the US’ biggest companies.
The over-the-ear AirPods Max headphones release on December 15th, marking Apple’s move into the expensive high-end headphone market.
Bloomberg reported that Apple is already prepping next-gen Apple Silicon chips, with up to an incredible 128 high-performance GPU cores.
AT&T’s WarnerMedia has decided to release all Warner Bros films on HBO Max at the same time as in theaters, for a month before their removal.
The fitness equipment company with a strong support base received incredible growth during the pandemic. Here’s why I think that’ll continue.
The Dow’s surprising all-time high follows an incredibly unique year marked by a pandemic and a financial crisis, but with large stock gains.
Airbnb’s long awaited IPO is coming December, having filed for a $1 billion offering earlier this week, and a surprise profit reported.
After decades of growing development costs and not a single change to video game pricing, next-gen games’ prices are changing to $69.99.
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