Today's video focuses on Unity Software (NYSE: U) and three reasons its stock price could drop more in the short term. During its latest earnings, management lowered its full-year guidance due to challenges with some monetization products. Even though Unity could experience more
The U.S. services industry slowed less than expected in June, but a measure of services employment dropped to a two-year low, suggesting that demand for labor could be ebbing as the Federal Reserve's aggressive monetary policy stance leaves the economy staring at a recession.
Shares of biotech giant Biogen (NASDAQ: BIIB) have dropped by 40% in the past year, easily underperforming the broader market over this period. The drugmaker has encountered many headwinds related to its controversial Alzheimer's disease drug, Aduhelm.
Today's video focuses on Micron Technology's (NASDAQ: MU) most recent earnings and an update on TrendForce's forecast for memory prices. During the earnings call, Micron shared updates on the demand for memory from numerous markets, including automotive, data center, graphics, an
Meta's Facebook has asked a U.S. court for eight documents created by the U.S. Federal Trade Commission as part of their review of the company's purchases of Instagram and WhatsApp, which the agency allowed to go forward.
Netflix's (NASDAQ: NFLX) stock closed at an all-time high of $691.69 last November. But today, the streaming video giant's shares trade at about $180 and are languishing at their lowest levels in about five years.Netflix's stock crashed for three main reasons. Its growth cooled o
There has been no stopping Simona Halep at this year's Wimbledon as the Romanian produced another eye-catching performance to surge into the semi-finals with a 6-2 6-4 win over American Amanda Anisimova on Wednesday.
Gold prices staged a slight recovery on Wednesday as some investors resorted to bargain hunting after a more than 2% fall in the previous session, while focus was also on minutes of the U.S. Federal Reserve's last monetary policy meeting.
(RTTNews) - German stocks rebounded on Wednesday after data showed the country's factory orders unexpectedly expanded in May underpinned by the rise in demand from the non-euro area countries.
Russian cybersecurity outfit Group-IB will split its domestic and international business into two separate companies in a bid to maintain a presence in both the Russian and overseas markets, the company said on Wednesday.
Taiwan's inflation rate hit a near 14-year high in June, with the consumer price index (CPI) expanding 3.59% from a year earlier, more than market expectations.
South Africa's rand continued to weaken against the dollar on Wednesday after falling in the previous session to a fresh 20-month low amid fears of a looming global recession.
(RTTNews) - Asian stocks ended broadly lower on Wednesday as recession worries took center stage and investors awaited an update from the FOMC meeting minutes due later in the day.
Malaysia's ringgit pared losses on Wednesday after its central bank hiked its key interest rate for a second straight meeting, while Philippine shares hit a three-week high on Wednesday led by industrial companies.
Environmental groups are suing the Dutch subsidiary of Air France KLM over an advertising campaign they allege breaches European consumer law by misleading the public over how sustainable its flights are.
Dubai road-toll operator Salik has appointed Ibrahim Al Haddad as chief executive officer, it said on Wednesday, in a move that showed the company was moving closer to its planned flotation.
Austria is following through on a "use it or lose it" threat to eject Russia's Gazprom from its large Haidach gas storage facility for systematically failing to fill its portion of the capacity there, the government said on Wednesday.
South Africa's state-owned logistics firm Transnet will this month begin talks on new medium to long-term contracts and has lifted force majeure on nine coal exporters with which it had reached agreement, it said.
Iron ore slumped on Wednesday to its lowest level this year in Singapore as China faces fresh COVID-19 flare-ups in several areas including Shanghai, stoking concerns over further lockdowns in the world's biggest steel producer.