Business News
DoorDash loses more than expected in Q2. But shares are rallying, and it plans to keep investing in expansion.
Market Watch - 2 Aug 2024 02:46Watch out for the semiconductor supercycle before you start buying stocks like Nvidia
Business Insider - 2 Aug 2024 02:00DraftKings shares slip after revenue miss weighs against surprise profit
Market Watch - 2 Aug 2024 02:35Japanese stocks fall sharply as yen strengthens
Market Watch - 2 Aug 2024 03:17
Japanese stocks fell sharply as the yen strengthened following the Bank of Japan's rate increase this week and as signs of cooling U.S. economy hit shares on Wall Street overnight,
MicroStrategy's Q2 earnings reveals Bitcoin stockpile now $14.7B
Coin Telegraph - 2 Aug 2024 02:52
MicroStrategy shares jumped just 1% in after-hours trading, with the company posting a net loss of $123 million in the second quarter.
It's time for Nvidia to replace Intel in the Dow
Market Watch - 2 Aug 2024 02:28Here's why Amazon's messy second quarter doesn't change our outlook on the stock
CNBC - 2 Aug 2024 02:16
With Amazon Web Services humming and management identifying more ways to lower costs, Amazon's profitability story is still intact.
Intel cuts whopping 15K jobs, posts $1.6B loss just months after getting Biden funds
New York Post - 2 Aug 2024 01:24
Chipmaker Intel Corp. is cutting 15% of its massive workforce -- about 15,000 jobs -- as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD.
Chevron earnings miss on lower refining margins, relocates headquarters to Houston
CNBC - 2 Aug 2024 14:51
The results come as the Chevron-Hess deal is delayed until well into 2025 due to an arbitration case with ExxonMobil.
The Bank of England cut rates but raised growth forecasts. What this means for U.K. assets.
Market Watch - 2 Aug 2024 14:15Auto sales in the U.S. rebound after crippling cyberattack
Market Watch - 2 Aug 2024 14:12Tesla's unique approach to sales is giving it headaches
Business Insider - 2 Aug 2024 14:04Government shelves £1.3bn UK tech and AI plans
BBC - 2 Aug 2024 01:04
The BBC has learned the new Labour government has shelved £1.3bn of funding for tech and AI projects.
'Inside Out 2' success is AMC's saving grace in Q2, stock rises 1%
Market Watch - 2 Aug 2024 23:38Simone Biles says she loves her 'Black job.' It's an apparent dig at Donald Trump.
Market Watch - 2 Aug 2024 23:37Agency Votes to Replace Official Accused of Rushing Start of Seabed Mining
The New York Times - 2 Aug 2024 23:36
The international agency charged with regulating seabed mining elected a U.N. environmental regulator to replace a leader accused of too-close industry ties.
The Score: CrowdStrike, Apple, Intel and More Stocks That Defined the Week
Wall Street Journal - 2 Aug 2024 23:29
Here are some of the major companies whose stocks moved on the week's news.
On-Device Proofs Solve DePIN Verification Challenges
Coin Desk - 2 Aug 2024 23:27
Zero-knowledge proofs generated on DePIN devices are the best way to provide robust verification for service, performance, and location data while maintaining decentralization and privacy, argue NovaNet cofounders Wyatt ...
Wall Street's 'fear gauge' surges as selloff sinks stocks
Market Watch - 2 Aug 2024 23:24The U.S. economy is getting closer to a recession. What is the Fed waiting for?
Market Watch - 2 Aug 2024 23:22DOJ Launches Whistleblower Awards Program to Tackle Crypto Crimes
Bitcoin.com - 2 Aug 2024 23:18
The U.S. Department of Justice (DOJ) has initiated a Corporate Whistleblower Awards Pilot Program to encourage reporting of corporate criminal activities. This three-year program targets financial institutions, including...
Intel suffers one of its worst days in 40 years as stock plunges 26%, loses $30M in market value after earnings miss
New York Post - 2 Aug 2024 23:15
The company announced plans to lay off more than 15% of its workforce, with most of the layoffs coming before the end of the year.