Airbnb forecasts lower third-quarter revenue as economic worries slow demand
Airbnb forecast third-quarter revenue below estimates on Tuesday and warned of shorter booking windows, suggesting travelers were waiting until the
August 06, 2024Airbnb forecast third-quarter revenue below estimates on Tuesday and warned of shorter booking windows, suggesting travelers were waiting until the
August 06, 2024Goldman Sachs on Tuesday said it has introduced a new Financial Stress Index (FSI) that, while tightening over the last two days of market ructions, remains at relatively normal levels by
August 06, 2024Apple's lucrative deal with Google could be under threat after a U.S. judge ruled that the Alphabet-owned search giant was operating an illegal monopoly.
August 06, 2024Amgen on Tuesday said its second-quarter profit slipped 1% as higher expenses, including costs related to development of its experimental obesity drug MariTide, offset a 20
August 06, 2024The Bank of Mexico will likely hold its benchmark interest rate at 11% later this week, according to a majority of analysts in a Reuters poll on Tuesday, as inflation and the
August 06, 2024Selling pressure by volatility-linked funds that exacerbated losses in U.S. stocks over recent days may be on track to ease, analysts said.
August 06, 2024The U.S. economy is still on track for a soft landing despite signs of further weakening, but the country's deteriorating fiscal profile is prompting U.S. bond
August 06, 2024Charles Schwab & Co. said on Tuesday that high trading volumes and a technical issue with a key vendor triggered temporary outages on its trading platform on Monday, a day
August 06, 2024A federal appeals court on Tuesday said a Citigroup vice president was not entitled to a share of a $400 million civil fine that the bank agreed to pay in
August 06, 2024Shares of utilities companies are presenting investors with a rare bright spot in the U.S. stock selloff, as turbulent markets prompt a shift away from the high
August 06, 2024Piper Sandler has agreed to pay a total of $16 million as a civil penalty to U.S. regulators to resolve investigations into its record-keeping practices, the investment banking firm said
August 06, 2024Some corporate bond issuers are expected to delay sales this week, after market volatility caused investors to trim corporate bond holdings in favor of
August 06, 2024The spike in stock market volatility may be good news for at least one group of asset managers: those rolling out "buffer" exchange-traded funds (ETFs) that offer
August 06, 2024Elon Musk’s social media platform X has sued a group of advertisers, alleging that a “massive advertiser boycott” deprived the company of billions of dollars in revenue and violated antitrust laws
August 06, 2024A Citigroup executive who joined the bank from Bank of America in April is leaving Citi, one source with knowledge of the matter said on Tuesday.
August 06, 2024Tech had a rough day. But don’t call it a dot-com meltdown moment yet
August 06, 2024Global hedge funds hunted for bargains in the stock market on Monday amid a violent sell-off in U.S. equities, in the largest one-day buying spree in five months
August 06, 2024The sharp sell-off in tech stocks has created opportunities to buy into profitable companies at a cheaper price, the chief investment officer of HSBC's private
August 06, 2024Fox Corp topped Wall Street expectations for quarterly profit and reported a rise in revenue on Tuesday, helped by steady demand for its Tubi streaming service in the United States,
August 06, 2024Total U.S. household debt levels edged up in the second quarter but overall delinquency rates stabilized, indicating that borrowers are still in decent enough shape to support the economy,
August 06, 2024Activist investor Starboard Value urged Autodesk's board to explore a CEO change and cost cuts on Tuesday, saying the design software maker has missed financial targets and underperformed
August 06, 2024WK Kellogg plans to completely shutdown its Omaha, Nebraska, plant by the end of 2026 under a reorganization that will also reduce the cereal maker's headcount by more than 17%, it said on
August 06, 2024Canada's services economy deteriorated in July as activity and new business declined, while elevated wage costs contributed to increased inflation pressures, S&P
August 06, 2024An epic unwinding of the yen-funded carry trade that has reverberated through global markets may have further to go, analysts said on Tuesday.
August 06, 2024Sempra missed Wall Street estimates for second-quarter profit and revenue on Tuesday, as weakness in its California segment weighed on the electric and gas utility,
August 06, 2024