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Icahn Enterprises Shares Fall After US Attorney’s Office Requests Information

Jennifer DuBois -
(Bloomberg) -- Icahn Enterprises LP, under pressure from a short seller, fell as much as 20% after disclosing that the US Attorney’s office...
Business

Twilio Guidance Is ‘Tough Pill to Swallow.’ The Stock Is Sinking.

Jennifer DuBois -
Twilio Stock Sinks. Guidance Is ‘Tough Pill to Swallow.’ Source link
Business

Futures Fall Ahead Of CPI Inflation Data

Jennifer DuBois -
The Dow Jones Industrial Average reversed lower Wednesday after key inflation data, with the release of the consumer price index. Airbnb (ABNB) plunged...
Business

European Swedish Orphan Biovitrum To Acquire CTI BioPharma For $1.7B

Jennifer DuBois -
Swedish Orphan Biovitrum AB (OTC: BIOVF) has agreed to acquire CTI BioPharma (NASDAQ: CTIC) for $9.10 per share of common stock in an all-cash transaction, representing...
Business

Airbnb stocks falls 15% after company forecasts revenue slowdown

Jennifer DuBois -
Airbnb (ABNB) stock tumbled Wednesday as the company expects bookings and average daily rates to decline in the current quarter when compared to...
Business

Roblox quarterly loss widens on higher expenses, shares tank

Jennifer DuBois -
(Reuters) -Roblox Corp posted a larger-than-expected quarterly loss on Wednesday, hurt by higher expenses to support the expansion of its business, sending the...
Business

Stock futures edge down as key CPI data looms: Stock market news today

Jennifer DuBois -
U.S. stock futures edged lower ahead of the open on Wednesday as investors await key inflation data.Futures on the S&P 500 (^GSPC) ticked...
Business

Twitter’s Purge of Old Accounts Will Be Pure Chaos

Jennifer DuBois -
Mariann Hardey’s father died unexpectedly a little over a decade ago. But he lives on through his Twitter account. It only has 42...
Business

Tesla Rival Jumps Near Buy Point After Earnings Almost Triple

Jennifer DuBois -
Li Auto (LI) reported booming first-quarter earnings and strong guidance early Wednesday after the Chinese EV startup posted a strong sales streak amid...
Business

UPDATE 1-Allkem to buy US lithium producer Livent Corp to create $10.6 bln firm

Jennifer DuBois -
(Updates with shareholding patterns, company statements and background in paragraphs 2-8)May 10 (Reuters) - Australian lithium miner Allkem Ltd has inked an agreement...
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