Goldman Sachs Group’s profit plunged as the Wall Street giant notched one of its weakest quarters under Chief Executive Officer David Solomon. Second-quarter earnings fell a...
Earnings reports from tech giants Tesla and Netflix disappointed yesterday. Tesla Inc. shares dropped in early trading after the carmaker warned of more hits to its...
Gannett has filed a civil lawsuit against Google and its parent company Alphabet, claiming that they unlawfully hold monopolies in the advertising technology tools that publishers...
Airbnb CEO and co-founder Brian Chesky has released the following (edited) Q4 2022 Shareholder Letter 2022 was another record year for Airbnb. Revenue of $8.4 billion...
Gross Bookings grew 19% year-over-year and 22% year-over-year on a constant currency basis Mobility and Delivery Adjusted EBITDA margins at all-time quarterly highs Operating cash flow...
Twitter co-founder Jack Dorsey — once a supporter of Elon Musk’s $44 billion acquisition of the site — is now offering sharp criticism of the new...
Forecasts from Apple’s most important chipmaker — Taiwan Semiconductor Manufacturing — is likely to spark concerns over a persistent tech slump. The semi-conductor producer warned demand...
Elon Musk indicated Tesla will continue to cut prices on its electric vehicles to push for higher volumes, even after the company took significant hit to...
Brookfield funds have defaulted on a $161.4 million mortgage for a dozen office buildings, mostly around Washington, DC, as rising vacancies hit property values. The loan...
The cryptocurrency is up 82% since Dec. 31, handily beating the tech-heavy Nasdaq 100’s 19% gain. Underpinning Bitcoin’s partial comeback is hope (or wishful thinking) in...
