By Hannah Lang and Michelle Price (Reuters) -Robinhood Markets Inc said on Tuesday it was slashing 23% of its staff […]
PayPal shares jump on Elliott’s $2 billion stake, annual profit guidance raise
By Mehnaz Yasmin (Reuters) – PayPal Holdings on Tuesday said activist investor Elliott Management has an over $2 billion stake […]
AMD posts Q3 sales outlook below Wall St, data center growth remains strong
By Yuvraj Malik and Jane Lanhee Lee (Reuters) -Advanced Micro Devices Inc on Tuesday forecast third-quarter revenue slightly below Wall […]
Electronic Arts forecasts sales below estimates as gaming craze cools
By Tiyashi Datta (Reuters) -Electronic Arts Inc on Tuesday forecast quarterly adjusted sales below estimates as easing COVID-19 curbs temper […]
Brazil’s Cielo Q2 net profit soars, beating forecasts
(Corrects headline and first paragraph to say net profit more than tripled, not doubled) SAO PAULO (Reuters) – Brazilian payment […]
SK Hynix says has developed its most advanced 238-layer storage chip
SEOUL (Reuters) – South Korea’s SK Hynix Inc has developed its most advanced NAND flash chip made up of 238 […]
Robinhood cutting workforce by 23%
By Hannah Lang (Reuters) -Retail trading platform Robinhood Markets Inc said on Tuesday it is laying off about 23% of […]
Robinhood’s crypto arm fined $30 million by New York State’s financial regulator
(Reuters) – New York State’s financial regulator has fined the crypto arm of Robinhood Markets Inc $30 million for alleged […]
Forbes explores sale, hires Citigroup as banker
(Reuters) -Forbes said on Tuesday it was exploring a sale of its business and had hired Citigroup to manage the […]
Michigan working to attract chip manufacturers under new U.S. bill – governor
By David Shepardson WASHINGTON (Reuters) – Michigan Governor Gretchen Whitmer said the state is well positioned to attract new investment […]