tumble
Stocks for the parent companies of Tinder and Bumble wavered this week after the companies reported earnings.Tinder cautioned investors it expected another drop in paying users in the fourth quarter.A Forbes Health survey this year reported 78% of Americans felt exhausted by dating apps. Singles aren’t the only ones feeling…
By Arasu Kannagi Basil and Atharva Singh (Reuters) -Retail trading platform Robinhood (NASDAQ:)’s third-quarter earnings fell short of expectations on Wednesday, a miss it attributed to an accounting quirk related to incentives that the company said Wall Street analysts had overlooked, sending its shares down 11% after the bell. Chief…
Investing.com — US stocks fell sharply Friday, pressured fresh worries about the economy after data showing the U.S. economy created fewer than expected jobs last month. By 12:56 ET (1656 GMT), the 30-stock fell 426 points or 1%, the benchmark fell 1.8%, and the tech-heavy slumped 2.6%. Nonfarm payrolls come…
SINGAPORE (Reuters) – Chip shares dragged Asian indexes lower on Wednesday and European futures fell after growth concerns drove the steepest selloff in a month on Wall Street and investors wiped $279 billion from the value of market darling chipmaker Nvidia (NASDAQ:). Oil hit year-to-date lows in Asia trade, the…
Investing.com — Flughafen Zurich (SIX:) shares fell on Tuesday post its 1H24 results, which fell short of expectations. At 5:08 am (0908 GMT), Flughafen Zurich was trading 3.9% lower at CHF 196.30. The company reported an EBITDA of CHF 347 million for the first half of 2024, which was 3%…
By John Revill ZURICH (Reuters) -Nestle shares tumbled early on Friday following the abrupt departure of CEO Mark Schneider from the world’s biggest foodmaker and his replacement by company veteran Laurent Freixe. Schneider’s surprise exit was announced late on Thursday following a board meeting that put an end to the…
Investing.com– Asian stocks fell sharply on Monday, extending last week’s losses amid growing fears of a U.S. economic slowdown, with Japanese markets set to enter a bear market from their July record highs. Markets tracked a slump in Wall Street on Friday, after substantially weaker-than-expected nonfarm payrolls data ramped up…
NEW YORK – DoubleVerify Holdings Inc. (NYSE: NYSE:), a leading software platform for digital media measurement, data, and analytics, reported its financial results for the second quarter ended June 30, 2024, with mixed outcomes. The company posted earnings per share (EPS) of $0.04, falling short of analysts’ expectations of $0.17.…
By Tom Westbrook and Amanda Cooper SINGAPORE/LONDON (Reuters) – World stocks were mixed in choppy trading on Tuesday as investors were jittery ahead of major corporate earnings reports and central bank moves, and concern over the global economic outlook dented commodities and oil prices touched early June lows. Global crude…
Investing.com– Asian stocks fell sharply on Thursday, tracking an overnight rout on Wall Street as weak earnings from major technology companies drove outsized losses in the sector. Weak sentiment towards China also remained in play, with the country’s stock benchmarks testing their lowest levels since February. Wall Street indexes tumbled…
