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…
2022
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…
U.S. Probes Insider Trading In Pre-arranged Executive Stock Sales – Bloomberg News
(Reuters) – U.S. authorities are investigating whether executives have been gaming prearranged stock-sale programs designed to thwart the possibility of…
Tanzania says Mount Kilimanjaro fire largely contained
NAIROBI, Kenya (AP) — The fire burning on Mount Kilimanjaro for almost two weeks has been largely contained after hundreds…
US average long-term mortgage rates back under 7%, for now
WASHINGTON (AP) — The average long-term U.S. mortgage rate dipped back under 7% this week, one day after the Federal…
Stellantis: Park older models due to 3 Takata air bag deaths
DETROIT (AP) — Stellantis and the U.S. government on Thursday warned owners of 276,000 older vehicles to stop driving them…
EV Maker Polestar Gets $1.6 Billion From Major Shareholders
By Marie Mannes (Reuters) -Electric vehicle maker Polestar said on Thursday it had secured $1.6 billion in financing from its…
Moderna misses on 3Q, shaves 2022 vaccine expectations
Supply problems have again forced Moderna to delay some COVID-19 vaccine deliveries, a move that surprised Wall Street and contributed…