Amazon shares rise on the back of strong earnings

04.08.2023
Shares of Amazon AMZN +0.55% rose in late trading Thursday after the company posted second-quarter sales and earnings that exceeded expectations, as well as a third-quarter outlook that beat Wall Street estimates. Importantly, Amazon's Web...
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GameStop abandons cryptocurrency wallets

02.08.2023
GameStop Corp. said it is discontinuing support for its cryptocurrency wallets, citing "regulatory uncertainty." According to the company's website, the iOS and Chrome Extension wallets will be discontinued on Nov. 1. The wallets allowed users...
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Qualcomm reports earnings

02.08.2023
After the market close, 5G wireless mobile processor and chipset maker Qualcomm may provide a muted earnings outlook for its fiscal third quarter. The Wall Street consensus forecast calls for Qualcomm QCOM -0.07% (ticker: QCOM)...
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Before suing Coinbase, SEC asked to trade only bitcoin

31.07.2023
The U.S. Securities and Exchange Commission (SEC) asked Coinbase to stop trading all cryptocurrencies except bitcoin before suing the cryptocurrency platform in June. The SEC accused Coinbase of illegal activity because it failed to register...
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Procter & Gamble, Colgate-Palmolive: Start moving units around

31.07.2023
Investors are no longer impressed with the margin-protecting price increases at consumer co-op titans like Kimberly-Clark and Colgate-Palmolive. As the room for further price increases is exhausted, they expect they will soon cease to be...
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