Shares of Chinese internet giants jumped in Hong Kong, after official data showed better-than-expected October retail sales in the world’s second-largest economy. Alibaba Group Holding Ltd. BABA HK:9988 jumped 9.8%, Read more
Tag: Applications Software
FTX is investigating a potential hack amid bankruptcy filing
Bankrupt cryptocurrency exchange FTX is probing a potential hack and asked customers to stay off the FTX website, the company said. More than $400 million worth of crypto funds appears Read more
Microsoft co-founder Paul Allen’s art collection sells for an unprecedented $1.5 billion
The unprecedented $1.5 billion sale of the late Microsoft MSFT, +1.70% co-founder Paul Allen’s masterpiece collection Wednesday evening at Christie’s — followed by strong results for the sale of 95 Read more
Trump lashes out at potential rival DeSantis, questioning his loyalty
Perhaps foreshadowing a bitter Republican presidential primary battle, Donald Trump lashed out at Florida Gov. Ron DeSantis on Thursday, calling him an “average” governor whose political success is owed all Read more
Toast stock extends rally as company gives upbeat earnings forecast
Toast Inc. shares were building on their massive Thursday rally in the aftermarket as the maker of payment software and technology for the restaurant industry gave an upbeat forecast for Read more
Inflation is not hurting online sales early in the holiday-shopping season
Consumers so far this holiday season have spent roughly the same online as they did at this time last year, despite concerns that higher prices might crimp demand, Adobe Inc. Read more
“Bitcoin will be the winner because bitcoin is a digital commodity and it’s the least controversial of everything” said MicroStrategy’s Michael Saylor
“Bitcoin will be the winner because bitcoin is a digital commodity and it’s the least controversial of everything.” — Michael Saylor, co-founder and chief executive of MicroStrategy In an interview Read more
Unity Software stock drops as revenue fall short of Wall Street expectations
Unity Software Inc. shares fell in the extended session Wednesday after the company produced on-par results but a little less revenue than Wall Street would have liked. Unity U, -9.51% Read more
Applovin stock falls 5% following earnings miss, another outlook cut
Applovin Inc. shares fell in the extended session Wednesday after the app-monetization company’s results and outlook cut disappointed Wall Street. Applovin APP, -9.49% shares fell more than 6% after hours, Read more
Roblox stock sinks after earnings as losses swell
Roblox Corp. shares were tumbling in premarket activity Wednesday after the youth-centric virtual-world platform posted a wider loss than analysts were anticipating for the latest quarter. Roblox RBLX, -1.71% shares Read more