Uber Barely Survived 2020, Mixed Q4 Performance Shows
At present however, the company is still losing about $1 billion a quarter on a GAAP basis. One way to describe how Uber did against expectations is that "it could have been worse."
Feb 10, 2021 11:00 PM EST
TikTok Sale to Walmart, Oracle Halted By Biden Administration
President Biden reportedly stopped a controversial landmark action by his predecessor Donald Trump, who can be remembered to have called it a a threat to national security.
Asia Stocks Hit Record High Over Higher Hopes Triggered By President Biden's Stimulus Package
These factors certainly fanned optimism about a global recovery from the pandemic, even if COVID-19 is yet to be driven away from this world.
Invite-Only, Facebook Alternative Clubhouse Banned in China After Brief, Uncensored Period
The app allowed thousands of Chinese users to engage in uninterrupted and non-monitored discussions with people abroad about democracy, Taiwan and other sensitive topics
Latest News
Tesla Bitcoin Leak: Reddit Insider Comes Clean About Knowing Elon Musk's Cryptocurrency Investment
There was no leak, just some fun made-up prediction that actually came true. A Reddit poster who claimed to have some insider information of Tesla Inc's (NASDAQ: TSLA) investment in Bitcoin (BTC) alleged that the information he shared to the public back on Jan.
Feb 10, 2021 4:36 AM EST
Next Warren Buffett? 12-Year-Old South Korean Kid Gains 43% of Stocks
"Rather than short-term focused day trading, I want to keep my investment for 10 to 20 years with a long-term perspective, hopefully to maximize my returns."
Feb 09, 2021 8:35 PM EST
Robindhood Allegedly Caused 20-Year-Old to Take His Own Life Over Wrong Lost Money
Allegedly, Alex Kearns, a then-sophomore at the University of Nebraska at Lincoln, thought he had a negative $730,165 cash balance on Robinhood
Feb 09, 2021 2:52 AM EST
Jeff Bezos Might Leave Washington Soon For $2 Billion Yearly Tax
According to legislators, Amazon's CEO would owe about $2 billion a year in state income taxes under Washington's proposed wealth tax.
Feb 09, 2021 1:00 AM EST
US Treasury's 30-Year Yield Interest Rates Hit Highest Over Stimulus Impact
Why are yields rising in the first place even though the COVID-19 pandemic is far from over? Yields on U. S. Treasuries are rising once more, given how expectations of an economic rebound are rising as well.
Feb 08, 2021 10:58 PM EST
Tesla Bitcoin: What if Apple and Other S&P Companies All Invest in Crypto?
After the Tesla fiasco on bitcoin purchase, which other companies are going to follow their direction?
Feb 08, 2021 8:55 PM EST
'Nope, We're Not All Investors': Robinhood Ad Receives Backlash After Super Bowl LV Airing
"Nope, we're not all investors." It seems like not all people believes in the recent Robinhood advertisement, aired in the Super Bowl LV.
Feb 07, 2021 11:06 PM EST
$15 an Hour Minimum Wage Highly Unlikely, President Biden Reveals
The President, who campaigned on raising the minimum wage to $15 an hour, is likely to cause some massive disappointment with this admission.
Feb 05, 2021 8:26 PM EST
GameStop Drama: Who Really Won the Money?
"Maybe it's not as much of just the little guy versus the big guy," JMP Securities analyst Devin Ryan explained.
Feb 05, 2021 7:30 PM EST
Stefan He Qin, Wolf of Crypto Street, Pleads Guilty Over Securities Fraud
Stefan He Qin pleaded guilty to having stolen and disbursed almost all of his $90 million flagship hedge fund. He is also charged with the attempt to get more millions of dollars from another fund to repay the investors.
Feb 04, 2021 7:48 PM EST
Deutsche Bank Slays 2020 With Unexpected Earnings, Breaking Analysts' Loss Expectations
Analysis had actually expected it to not earn a cent; instead, they saw it making a huge loss of 201 million euros. That's what happened to Deutsche Bank in 2020.
Feb 04, 2021 5:00 AM EST
Super Bowl 2021: Miller Lite Giving Away $8 To Battle Michelbob Ultra Head On
Miller Lite and Michelob Ultra have never went head-to-head like this in the past though. For years, Miller Lite and Bud Light seem to be the ones competing with each other.
Feb 04, 2021 3:00 AM EST
Most Popular
Newsletters
Stay ahead in finance. Subscribe for expert insights, market updates, and investment strategies. Join our newsletter to secure your financial future.
Latest News
