A Deliveroo racer near Victoria Station on March 31, 2021 in London, England. Dan Kitwood | Getty Images British food delivery company Deliveroo It swelled in the first half of 2022 while revenue growth slowed dramatically, as the disappearance of pandemic restrictions and the rising cost of living dented demand for online takeaway. Deliveroo reported … Read more
A Deliveroo racer near Victoria Station on March 31, 2021 in London, England. Dan Kitwood | Getty Images British food delivery company Deliveroo It swelled in the first half of 2022 while revenue growth slowed dramatically, as the disappearance of pandemic restrictions and the rising cost of living dented demand for online takeaway. Deliveroo reported … Read more
Shares of Bed Bath & Beyond Inc. fell. On Tuesday, putting it at risk of its first drop in two weeks, Baird analyst Justin Kleiber suggested investors should sell, saying the latest “meme stock craze” comes despite continued liquidity concerns. Baird’s Kleber turned bearish on the home goods retailer after its BBBY stock, -14.20% It’s … Read more
Shares of Bed Bath & Beyond Inc. fell. On Tuesday, putting it at risk of its first drop in two weeks, Baird analyst Justin Kleiber suggested investors should sell, saying the latest “meme stock craze” comes despite continued liquidity concerns. Baird’s Kleber turned bearish on the home goods retailer after its BBBY stock, -14.20% It’s … Read more
Netflix Inc. has rebounded. once again. Can Walt Disney’s streaming service continue to grow despite CFO Kristen McCarthy’s warning in May of increasing costs amid macroeconomic hurdles? Disney DIS, -0.90%And the Like nearly every tech giant, it has weathered volatile economic times that prompted others to cut operating expenses and lower revenue expectations. Among the … Read more
Shares of Micron Technology Inc fell more than 5% in morning trading on Tuesday after the memory chip producer said it expected to be affected by “challenging” market conditions. Prior to the investor presentation, Micron MU, -3.74% Executives disclosed in a filing that they expect revenue for the company’s fiscal fourth quarter, which ends in … Read more
People shop at a supermarket as inflation affects consumer prices in New York City, June 10, 2022. Andrew Kelly | Reuters Inflation may have finally begun to cool, thanks to lower gasoline prices and fading supply chain issues. Economists expect the CPI for July to rise 0.2%, down from 1.3% in June, according to Dow … Read more
Queen Bees Shares fell in extended trading on Tuesday after the cryptocurrency exchange reported a loss of more than $1 billion in the second quarter and missed analyst estimates of revenue. Here’s how the company did: gains: A loss of $4.98 per share, versus a loss of $2.65 per share as expected by analysts, according … Read more
Queen Piece Shares fell in extended trading on Tuesday after the cryptocurrency exchange reported a loss of more than $1 billion in the second quarter and missed analyst estimates of revenue. Here’s how the company did: gains: A loss of $4.98 per share, versus a loss of $2.65 per share as expected by analysts, according … Read more
People shop at a supermarket as inflation affects consumer prices in New York City, June 10, 2022. Andrew Kelly | Reuters Inflation may have finally begun to cool, thanks to lower gasoline prices and fading supply chain issues. Economists expect the CPI for July to rise 0.2%, down from 1.3% in June, according to Dow … Read more