Meta stock down 14% on weak revenue forecast
Meta’s CEO Mark Zuckerberg attends the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol, in Washington, U.S., January 31, 2024. Nathan Howard | Reuters Meta…
Bristol Myers Squibb (BMY) earnings Q1 2024
The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, on Dec. 27, 2023. Adam Glanzman | Bloomberg | Getty Images Bristol Myers Squibb on Thursday…
Inflation, high costs had biggest impact on Asian firms in 2023: UOB
Customers work a cafe and a co-working space in Hanoi, Vietnam, on Thursday, July 20, 2023. Bloomberg | Bloomberg | Getty Images Higher costs had the biggest impact on Asian…
NYC rule will slap sugar warning labels on food, drinks including Starbucks, Dunkin’ specialties
Oh, sweet — the ‘nanny state’ is back! Fast-food chains and coffee shops in New York City would have to slap a warning on menu boards and packaging under a…
Rubrik prices IPO at $32 per share, above the expected range
Bipul Sinha, co-founder and CEO of data security software company Rubrik. Sinha previously backed cloud management company Nutanix. Greylock Partners Rubrik, a data-management software company backed by Microsoft, priced its…
IBM Q1 earnings report 2024: IBM to acquire HashiCorp
IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. Stefan Wermuth | Bloomberg | Getty Images IBM shares slipped as much as…
Kering shares sink 9% after profit warning on declining Gucci sales
The new Gucci store on Bond Street on 27th September 2023 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images Shares of French luxury group Kering sank…
Wells Fargo becomes bullish on this biotech company
Neurocrine Biosciences ‘ drug pipeline is turning a corner and the company will be “knocking on the doors of the large-cap club” soon, according to Wells Fargo. Analyst Mohit Bansal…
Ex-Binance CEO Changpeng Zhao faces 3 years for money laundering
Former crypto kingpin Changpeng Zhao may soon share a cell with FTX fraudster Sam Bankman-Fried — and if the feds get their way it will be for three years. US…
Volvo Cars core operating profits rise in first quarter on higher retail sales
A Volvo EX30 fully electric EV Car is displayed during the Everything Electric London 2024 at ExCel on March 28, 2024 in London, England. John Keeble | Getty Images News…