Peloton Forecasts Weak Holiday-quarter Revenue, Flags Risk To Cash Flow Goal
By Kannaki Deka (Reuters) -Peloton Interactive Inc on Thursday forecast holiday-quarter revenue below estimates and the fitness equipment maker warned…
November 3, 2022
Distressed Credit To Lure More Hedge Fund Investors Next Year -BNP Survey
By Davide Barbuscia NEW YORK (Reuters) – Global investors will ramp up allocations to distressed credit hedge funds next year,…
Amazon pauses corporate hiring amid economic worries
NEW YORK (AP) — Amazon is pausing hiring for its corporate workforce, the latest move by the company to cut…
Marriot Shares Slide On Delayed Opening Of Some Properties In China
By Priyamvada C (Reuters) – Marriott International Inc said on Thursday China’s strict COVID-19 policies were delaying openings of some…
Microsoft extends aid for Ukraine’s wartime tech innovation
LISBON, Portugal (AP) — Ukraine is counting on more Western technological support as its war against Russia drags on, with…
Twitter’s blue check: Vital verification or status symbol?
The story of Twitter’s blue checkmarks — a simple verification system that’s come to be viewed as an elite status…
Streaming Platform Roku’s Shares Slump On Dour Holiday-quarter Forecast (Nov 2)
(Corrects analyst’s name in paragraph 8) (Reuters) – Shares of Roku Inc fell more than 20% in extended trading on…
On Wall Street, extreme punishments for weak profit reports
NEW YORK (AP) — When it comes to meeting Wall Street’s expectations for profit and sales, it’s put-up-or-get-beat-up time for…
World Equities Fall, U.S. Treasury Yields Rise After Hawkish Fed
By Chibuike Oguh NEW YORK (Reuters) -Global equities fell while U.S. Treasury yields rose on Thursday as investors weighed hawkish…
Europe urged to save natural gas to avoid shortage next year
FRANKFURT, Germany (AP) — Europe could face a severe natural gas shortage next year and needs to act now to…