The recent passing of former YouTube CEO, Susan Wojcicki, has left a profound impact on the tech community. Wojcicki, who played a pivotal role in the growth and success of Google and YouTube, was known for her incredible leadership and innovative vision. Her journey in the tech industry served as an inspiration to many, especially
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The S&P 500 ended higher on Friday, showing resilience in the face of recent volatility and uncertainty in the markets. Despite regaining most of its losses from earlier in the week, the index closed the week with little change. This comes after a steep dive on Monday, driven by fears of a recession and the
In the premarket trading, the stock of Taiwan Semiconductor rose about 1% due to the reported strong July revenue, which represented an increase of nearly 45% year-over-year. This indicates positive performance and growth for the company. The Trade Desk Shares of The Trade Desk gained nearly 4% after beating analyst second-quarter estimates and raising its
E.l.f. Beauty’s recent quarterly performance has been impressive, with a 50% gain in sales in its fiscal first quarter. This comes after a remarkable 76% jump in the year-ago period. However, the company’s post-earnings conference call hinted at potential challenges ahead, as they anticipate higher container and transportation costs in FY25. Despite a 3.4% rise
Eli Lilly’s stock soared by 8% after surpassing second-quarter earnings and revenue expectations. The firm raised its full-year revenue outlook by $3 billion, driven by strong sales of key products such as Mounjaro and Zepbound. This indicates a positive trend for the company and reflects investor confidence in its performance. Under Armour witnessed a 19%
Apple is considering charging its users up to $20 for access to advanced artificial intelligence features. The company plans to introduce its Apple Intelligence system later this year, with enhanced Siri voice assistant capabilities and the ability to automatically generate emails and images. Although these features will be gradually rolled out, users in certain regions,
The stock market is a volatile environment where prices can fluctuate rapidly, causing both gains and losses for investors. It is important to closely monitor the performance of individual stocks to make informed decisions regarding investments. In this article, we will analyze the performance of several key stocks in the market. CNBC TV’s Diana Olick
Deadpool & Wolverine has been a massive success at the box office, nearing the $900 million global mark in just its third week of release. The film, directed by Shawn Levy, has grossed $879.2 million worldwide, with $421 million coming from domestic and $458.2 million from international markets. It is projected that the film will
Super Micro Computer, once a highflier in the AI industry, experienced a significant setback as its shares tumbled by 14% in premarket trading due to a faster-than-expected contraction in gross margin. The company reported an adjusted gross margin of 11.3% for the fourth quarter, down from 17% a year earlier, which fell below analysts’ expectations
Disney’s shares dropped by about 1% despite beating analyst expectations in their quarterly results. The media giant reported earnings of $1.39 per share and revenue of $23.16 billion. Airbnb: Revenue Guidance Disappoints Airbnb shares took a hit in the premarket, falling nearly 14% due to weaker-than-expected revenue guidance for the third quarter. The company projected
In the volatile world of the stock market, certain companies managed to stand out from the crowd and make significant gains during midday trading. One such company is Kenvue, the maker of Band-Aid bandages, which saw a substantial rally of 14% after exceeding analysts’ expectations for the second quarter. This success was driven by impressive
Disney recently announced that it will be increasing the prices of its streaming platforms, including Disney+, Hulu, and ESPN+. The price hikes, ranging from $1 to $2 more per month, will take effect in mid-October. This decision comes as Disney continues to emphasize bundle packages to offer its customers more value for their money. The
The U.S. markets opened on a somber note on Monday, with tech’s megacap companies experiencing a massive loss of about $1 trillion in market cap. This downturn deepened a downward spiral that had already sent the Nasdaq into correction territory the previous week. Nvidia, one of the leading chipmakers, saw more than $300 billion wiped
The cryptocurrency market experienced significant volatility as Bitcoin dropped below $50,000 for the first time since February. This led to a ripple effect on bitcoin-related companies, with names like Robinhood, MicroStrategy, Coinbase, and Marathon Digital all facing losses. Robinhood plummeted more than 10%, while MicroStrategy plunged more than 8%. This highlights how closely tied these