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StockStreetNews news releases related Stockstreetnews news releases and Stockstreetnews press releases from 08/18/22 11:53:37 on US and Canada Markets.
The biggest maker of computer processors in the world, Intel, is one of only six companies in the tech-heavy benchmark whose shares have gone down since June 16. The index, on the other hand, is up 21%. This is because traders are buying up beaten-down tech stocks because thei...
On Tuesday, shares of Bed Bath & Beyond (NASDAQ:BBBY) went up by almost 30%. This was part of a trend for meme stocks to go up. Since the end of July, the stock price has gone up by more than 300%. At one point during the session, Bed Bath & Beyond (NASDAQ:BBBY) wa...
Shift Technologies (NASDAQ: SFT) said on Tuesday that it will acquire CarLotz (LOTZ) in an all-stock transaction, sending LOTZ shares up 35% and SFT shares up 10% in aftermarket trading. Each LOTZ share is anticipated to be exchanged for 0.692158 SFT shares. The actual exchang...
Just one week after Walmart (NYSE:WMT) lowered its quarterly and full-year guidance, the business will reduce its workforce. Hundreds of corporate personnel in areas relating to retail, global technology, and real estate are being laid off. Walmart (NYSE: WMT) let go of approx...
After achieving "exceptional" results in oil refining and trade, BP Plc (NYSE: BP) increased its dividend and accelerated its share repurchases to their quickest rate to date. Even if the energy crisis caused by Russia's invasion of Ukraine poses a threat to the global economy...
Tuesday, Robinhood Markets (NASDAQ:HOOD) revealed it was laying off over a quarter of its workforce, the latest cost-cutting measure by the financial trading app to adapt to a shifting market climate. Fintech, which became popular during the meme-stock frenzy and went public w...
Amazon (NASDAQ:AMZN) shares rose in after-hours trade on Thursday, despite the company reporting a net loss and issuing a modest forecast for the third quarter. In extended trading, shares soared more than 10% as a focus on AWS acceleration and robust top-line growth eclipsed ...
Clinical-stage biotech Cassava Sciences (NASDAQ:SAVA) responded to charges of research wrongdoing on Wednesday after it was reported that the U.S. Department of Justice had opened a criminal investigation into the company's experimental Alzheimer's treatment. According to Chie...
Shopify (NYSE:SHOP) stated in an internal message that it planned to reduce 1,000 positions, or 10% of its worldwide staff, across all of its businesses as it scales down on e-commerce growth estimates it had seen during the epidemic. This memo was cited by the Wall Street Jou...
As consumers struggle with rising energy costs, Windfall Taxes (OTC:WINKF) on oil companies are a global topic of discussion. TotalEnergies TTE is attempting to prevent a price war by committing to lower prices. From September to November, the company will reduce fuel prices b...
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