Converse footwear brand is reportedly cutting jobs as parent company Nike Inc. NKE continues its cost-saving measures by reducing its workforce. Nike is implementing a $2 billion plan to...
A core developer working for Solana-based SOL/USD decentralized exchange, Cypher, admitted to misappropriating funds worth more than $300 million meant to compensate victims of a sensational...
Walmart Inc. WMT is set to lay off hundreds of corporate employees and relocate others to its main corporate hubs. What Happened: Walmart, the largest employer...
On the cusp of Alphabet Inc‘s GOOG GOOGL annual developer event, Google I/O, BofA analyst Justin Post maintained a Buy rating on Alphabet with a price target of $200....
Skechers Inc. SKX and Super League Enterprise Inc SLE are launching a virtual store in Roblox Corp’s RBLX Livetopia’s Topia Mall. The aim is to engage...
Alibaba Group Holding Limited BABA shares have been on a broad consolidation move since bottoming in late October 2022. The company is still reeling from the...
For the first time in over 25 years, Planet Fitness Inc. agreed to raise the price of its basic gym membership after reporting disappointing earnings. What...
Planet Fitness, Inc. PLNT shares are trading higher on Thursday after reporting first-quarter results. The company reported adjusted earnings per share of 41 cents, missing the street view of...
Tesla Inc TSLA faces escalating job cuts in China as it contends with pressure to regain market share in the world’s largest auto market. Additional layoffs...
Tapestry Inc TPR reported a third-quarter FY24 sales decline of 2% year-on-year to $1.482 billion, missing the analyst consensus estimate of $1.498 billion. Excluding a currency headwind of...
Movie theater operator AMC Entertainment Holdings AMC reported first-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: AMC Entertainment reported...
Online travel company Airbnb Inc ABNB reports first-quarter financial results on Wednesday, May 8 after market close. Here are the earnings estimates, what analysts are watching...