Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., speaks during an interview in San Francisco, on Tuesday, Dec. 14, 2021. David Paul Morris | Bloomberg | Getty Images Uber reported a second-quarter loss on Tuesday but beat analyst estimates for revenue. Shares of Uber popped 14% in premarket trading. Here are the key numbers: …
August, not April, is the cruelest month — for stock investors, that is. Often August has been the best performing month, persuading investors that a hot August is more than a fluke. But there have been long stretches where the market’s return in August has been particularly painful. Consider the Dow Jones Industrial Average DJIA, …
Stock investors will likely sweat out August if recent market history repeats Read More »
Apple CEO Tim Cook speaks at Apple’s Worldwide Developer Conference (WWDC) at the San Jose Convention Center in San Jose, California on Monday, June 4, 2018. Josh Edelson | AFP | Getty Images For over half a decade, Apple has been touting its services business as a growth engine that will make up for smart …
Apple’s services slowdown in Q3 potential concern for investors Read More »
Text size Sales fell in Roku’s streaming player business. Justin Sullivan/Getty Images Roku is the latest casualty of a slowing ad market. Shares of the connected- television firm company fell after the streaming firm warned investors that a slowdown in advertising consumer spending would hurt sales. Roku (ticker: ROKU) reported a second-quarter net loss of …
Roku Wars of Trouble in the Ad Market. The Stock Is Way Down. Read More »
Text size Amazon’s loss was due almost entirely to the drop in Rivian stock. Courtesy of Rivian Amazon.com lost money in the second quarter of 2022. Rivian Automotive was the reason, again. Rivian (ticker: RIVN) has tanked Amazon (AMZN) earnings before, with the declining value of Amazon’s Rivian shares hitting Amazon results back in the …
Rivian Was Responsible for Amazon’s Loss. The Market Was Ready This Time. Read More »
