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Tag: Financial Performance

Elon Musk Sells Nearly $7 Billion Worth of Tesla Stock Amid Twitter UncertaintyElon Musk Sells Nearly $7 Billion Worth of Tesla Stock Amid Twitter Uncertainty

August 10, 2022August 10, 2022 0 Comments

Elon Musk sold nearly $7 billion worth of Tesla stock in recent days, regulatory disclosures show, amid uncertainty over the{...}

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SoFi’s Top Investor SoftBank Sells 12 Million SharesSoFi’s Top Investor SoftBank Sells 12 Million Shares

August 9, 2022August 9, 2022 0 Comments

Text size A woman walks past a SoftBank mobile shop in Tokyo Kazuhiro Nogi/AFP via Getty Images SoFi Technologies stock{...}

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Novavax Stock Slides 30% as Revenue Guidance for 2022 Is SlashedNovavax Stock Slides 30% as Revenue Guidance for 2022 Is Slashed

August 9, 2022August 9, 2022 0 Comments

Text size Novavax slashed its revenue guidance for 2022. Karen Ducey/Getty Images Novavax slumped more than 30% early Tuesday after{...}

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Novavax slashes sales guidance in half, stock plunges 34%Novavax slashes sales guidance in half, stock plunges 34%

August 9, 2022August 9, 2022 0 Comments

Novavax Inc. executives slashed their annual sales guidance in half Monday while wildly missing financial expectations, sending shares down more{...}

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Upstart stock drops after earnings, but CEO says he’s ‘confident’ in value of AI lendingUpstart stock drops after earnings, but CEO says he’s ‘confident’ in value of AI lending

August 9, 2022August 9, 2022 0 Comments

Upstart Holdings Inc. shares fell after the company delivered a lower-than-expected revenue forecast for the current quarter, but its chief{...}

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The Math Behind GE’s Breakup. It’s a Sum-of-the-Parts Party.The Math Behind GE’s Breakup. It’s a Sum-of-the-Parts Party.

August 7, 2022August 7, 2022 0 Comments

Once the mightiest of industrial conglomerates, General Electric is breaking into three pieces and it is time to value each{...}

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Buffett’s Berkshire Hathaway reports $44 billion loss as portfolio value fallsBuffett’s Berkshire Hathaway reports $44 billion loss as portfolio value falls

August 7, 2022August 7, 2022 0 Comments

Warren Buffett’s company reported a $43.76 billion loss in the second quarter as the paper value of its investments plummeted{...}

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Berkshire Hathaway Beats Estimates for Second-Quarter ProfitsBerkshire Hathaway Beats Estimates for Second-Quarter Profits

August 6, 2022August 6, 2022 0 Comments

Berkshire Hathaway operating profits rose 39% in the second quarter, topping estimates, on strength in the company’s insurance and railroad{...}

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Oracle Lays Off Hundreds of EmployeesOracle Lays Off Hundreds of Employees

August 6, 2022August 6, 2022 0 Comments

Oracle laid off hundreds of employees this week as the business software provider prioritizes its healthcare IT services and cloud{...}

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10 Companies That Would Take a Hit From a 15% Minimum Corporate Tax10 Companies That Would Take a Hit From a 15% Minimum Corporate Tax

August 6, 2022August 6, 2022 0 Comments

Text size Nvidia has had a 4.7% tax rate and average pretax profit of $4.8 billion. Here, a cryptocurrency mining rig{...}

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