Sony announces $1.5 billion share buyback; sees 56% rise in PlayStation 5 sales
May 10, 2022
KEY POINTS Sony plans to buy back 200 billion Japanese yen ($1.54 billion) of shares as the company announced operating profit more
Category: Stock market
Ford is selling 8 million shares of once high-flying EV maker Rivian, sources say
May 8, 2022
KEY POINTS Ford Motor is selling 8 million of its Rivian Automotive shares as the insider lockup for the stock expires on
U.S.-listed Chinese EV maker Nio proposes a secondary listing of its shares in Singapore
May 7, 2022
KEY POINTS Chinese electric carmaker Nio said on Friday it is planning a secondary listing of its shares in Singapore. Nio is
Elon Musk says businesses and governments may have to pay to use Twitter
May 4, 2022
KEY POINTS The tech billionaire, who is also the CEO of Tesla and SpaceX, added that the social media platform will continue
BP reports bumper first-quarter net profit, but posts massive loss on hit from Russia exit
May 3, 2022
KEY POINTS BP’s first-quarter underlying replacement cost profit, used as a proxy for net profit, came in at $6.2 billion. Analysts had
Chip supply issues are still giving some of world’s biggest companies a major headache
May 2, 2022
KEY POINTS Apple CFO Luca Maestri said supply constraints related to Covid-19 could hurt sales by between $4 billion and $8 billion.
Elon Musk sold around $8.4 billion worth of Tesla shares this week as he moved to buy Twitter
May 1, 2022
KEY POINTS Elon Musk sold roughly $8.4 billion worth of Tesla shares in the days following his bid to take Twitter private,
Amazon shares fall 14% for worst day since 2006
April 30, 2022
KEY POINTS Amazon shares closed down 14% on Friday, the worst day since 2006. The company on Thursday gave lighter-than-expected revenue guidance
Meta shares surge 15% after Facebook parent beats earnings estimates
April 28, 2022
KEY POINTS Meta surged 15% Thursday after the company reported better-than-expected profit in the first quarter. Facebook’s parent company said daily active
Spotify falls 11% on first quarter earnings despite beat on top and bottom
April 27, 2022
KEY POINTS Shares of Spotify dipped Wednesday. The company reported first-quarter earnings that beat on both the top and bottom lines. But
Sony announces $1.5 billion share buyback; sees 56% rise in PlayStation 5 sales
May 10, 2022
KEY POINTS Sony plans to buy back 200 billion Japanese yen ($1.54 billion) of shares as the company announced operating profit more
Ford is selling 8 million shares of once high-flying EV maker Rivian, sources say
May 8, 2022
KEY POINTS Ford Motor is selling 8 million of its Rivian Automotive shares as the insider lockup for the stock expires on
U.S.-listed Chinese EV maker Nio proposes a secondary listing of its shares in Singapore
May 7, 2022
KEY POINTS Chinese electric carmaker Nio said on Friday it is planning a secondary listing of its shares in Singapore. Nio is
Elon Musk says businesses and governments may have to pay to use Twitter
May 4, 2022
KEY POINTS The tech billionaire, who is also the CEO of Tesla and SpaceX, added that the social media platform will continue
BP reports bumper first-quarter net profit, but posts massive loss on hit from Russia exit
May 3, 2022
KEY POINTS BP’s first-quarter underlying replacement cost profit, used as a proxy for net profit, came in at $6.2 billion. Analysts had
Chip supply issues are still giving some of world’s biggest companies a major headache
May 2, 2022
KEY POINTS Apple CFO Luca Maestri said supply constraints related to Covid-19 could hurt sales by between $4 billion and $8 billion.
Elon Musk sold around $8.4 billion worth of Tesla shares this week as he moved to buy Twitter
May 1, 2022
KEY POINTS Elon Musk sold roughly $8.4 billion worth of Tesla shares in the days following his bid to take Twitter private,
Amazon shares fall 14% for worst day since 2006
April 30, 2022
KEY POINTS Amazon shares closed down 14% on Friday, the worst day since 2006. The company on Thursday gave lighter-than-expected revenue guidance
Meta shares surge 15% after Facebook parent beats earnings estimates
April 28, 2022
KEY POINTS Meta surged 15% Thursday after the company reported better-than-expected profit in the first quarter. Facebook’s parent company said daily active
Spotify falls 11% on first quarter earnings despite beat on top and bottom
April 27, 2022
KEY POINTS Shares of Spotify dipped Wednesday. The company reported first-quarter earnings that beat on both the top and bottom lines. But
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