The Board of Directors of the National Stock Exchange (NSE) ‘failed’ to report to the Securities and Exchange Board of India (SEBI) the market regulator despite its ‘knowledge of grave wrongdoing and misconduct’ on the part of the then Managing Director and CEO Chitra Ramkrishna and instead of acting against it, let it out Thank … Read more
GT. Marian Ayala / from the inside Barry McCarthy became Peloton CEO this month, replacing John Foley amid months of turmoil at the company. In an interview with the New York Times on Saturday, McCarthy explained what went wrong in Peloton. “They spent money on things they shouldn’t have,” he said. “They fell into seeing … Read more
Dow futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally took a heavy hit last week, with major indexes below key support and starting to move towards their Jan. 24 lows. X Fears that Russia will invade Ukraine weigh on the rally of the market, which is … Read more
Photo: Robin Beck (Getty Images) poor performance Even poorer public perception Elon Musk’s Boring Company has been forced to largely move away from its more ambitious ventures and choose instead to prioritize the more politically friendly locals. Now, Musk is said to have his sights set on Texas and Miami for the company’s immediate future. … Read more
Check out the companies making headlines before the bell: kings (DKNG) — The sports betting company’s stock is down 13.2% in the primary market, despite less-than-expected quarterly losses and better-than-estimated revenue. DraftKings expects a wider-than-expected adjusted loss for the full year as costs continue to rise. Rocco (ROKU) — Shares of Roku are down 26% … Read more
Feb 17 (Reuters) – E-commerce websites operated by China’s Tencent Holdings Ltd (0700.HK) Alibaba Group Holding Ltd. (9988.HK) It was included in the US government’s latest “notorious market” list, the US Trade Representative’s office said Thursday. The list identifies 42 online and 35 physical markets that have been reported to have participated in or facilitated … Read more
Rocco Shares tumbled as much as 16% in extended trading Thursday after the video streaming company released its below-consensus fourth-quarter revenue and first-quarter revenue guidance. Here’s how the company did: gains: 17 cents a share, adjusted, versus 9 cents a share, as expected by analysts, according to Refinitiv. he won: $865.3 million, versus $894.0 million … Read more
Palantir . techniques (PLTR) on Thursday reported December quarter earnings below estimates while revenue beat Wall Street targets. PLTR stock fell as revenue guidance for the March quarter beat previous expectations. X Denver-based Palantir reported fourth-quarter earnings before the market opened. Palantir shares fell 10.6% to 12.48 in premarket trading stock market today. PLTR stock … Read more
Nvidia Corp shares were quiet in the extended session on Wednesday after the chip maker’s holiday quarter beat Wall Street and its own expectations, posting record sales and doubling its profit from a year ago. Nvidia NVDA, + 0.06% Shares were down 1% after hours, after advancing less than 0.1% in the regular session to … Read more
font size The video game company reported record numbers of daily active users and hours involved in the fourth quarter. Courtesy of Roblox roblox game I mentioned register The number of daily active users and the number of hours worked for the fourth quarter, but shares were falling after the company revealed a Bigger loss … Read more
