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@TheBadPlace@mastodon.ozioso.online · 16h ago
BBC News | GameStop offers to buy eBay for $56bn AI generated summary, Read the full article for complete information. GameStop announced a $56 billion (£41 billion) unsolicited takeover bid for eBay, valuing the e‑commerce platform at $125 per share—about 20 % above its closing price. CEO Ryan Cohen, who also co‑founded Chewy, said GameStop holds roughly a 5 % stake in eBay and sees the acquisition as a way to turn eBay into a much larger competitor to Amazon. The proposal includes a commitment from TD Bank for about $20 billion in debt financing, and GameStop, currently valued at about $11.9 billion, aims to make further details public. eBay’s shares rose more than 13 % in after‑hours trading following the news. Read more: https://www.bbc.com/news/articles/cn0p8yled1do?at_medium=RSS&at_campaign=rss #GameStop #eBay #RyanCohen #Amazon #WallStreet
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@TheBadPlace@mastodon.ozioso.online · 2d ago
Home - CBSNews.com | Exxon Mobil, Chevron earnings fall, but top revenue expectations AI generated summary, Read the full article for complete information. Exxon Mobil and Chevron reported lower profits for the most recent fiscal quarter, citing disruptions from the Iran war, yet both U.S. oil giants exceeded Wall Street’s revenue expectations for the three‑month period ending March 31; CBS News business contributor Javier David provides further details. Read more: https://www.cbsnews.com/video/exxon-mobil-chevron-earnings-fall-but-top-revenue-expectations/ #ExxonMobil #Chevron #WallStreet #JavierDavid #
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@TheBadPlace@mastodon.ozioso.online · 3d ago
US Top News and Analysis | Atlassian stock soars 20% after earnings show strong cloud, data center growth AI generated summary, Read the full article for complete information. Atlassian’s shares jumped more than 20% after the company delivered fiscal third‑quarter results that beat Wall Street expectations, posting $1.75 adjusted earnings per share versus the forecast $1.32 and $1.79 billion in revenue versus $1.69 billion anticipated. Revenue grew 32% year over year, driven by a 29% surge in cloud sales to $1.13 billion and data‑center revenue of $561 million, both surpassing estimates. Despite a 45% year‑to‑date stock decline amid the “SaaS‑pocalypse” and AI‑related concerns, Atlassian’s CEO Mike Cannon‑Brookes said the fears are overstated, noting strong customer adoption and a strategic focus on AI‑enabled products. The company also raised its full‑year guidance for cloud (26.5% growth) and data‑center (21.5% growth) revenues, while reporting a net loss of $98.4 million, wider than the prior year. Read more: https://www.cnbc.com/2026/05/01/atlassian-team-q3-stock-2026-earnings.html #Atlassian #Cannon_Brookes #WallStreet #TeamworkCollection #MikeCannonBrookes
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@TheBadPlace@mastodon.ozioso.online · 3d ago
Opinion Voices | Granderson: What the audience has learned since the first 'Devil Wears Prada' by LZ Granderson AI generated summary, Read the full article for complete information. LZ Granderson reflects on why “The Devil Wears Prada,” a film many of his generation still rewatch, remains relevant as its sequel arrives, using the story of Andrea Sachs to highlight the shifting realities of work for Gen X and older millennials who now juggle stagnant wages, mounting debt, caregiving responsibilities, and frequent layoffs. He argues that the movie’s cult status stemmed from its honest portrayal of youthful ambition colliding with a corporate culture that rewards performance but rarely honors integrity, a dynamic that has only worsened since the post‑World‑II era when wages grew with productivity. With AI threatening entry‑level jobs and the earnings gap between labor and capital widening since the 1970s, Granderson questions whether Sachs’s decision to quit a toxic job for principle would still be seen as admirable—or simply impractical—in today’s precarious employment landscape. Read more: https://www.latimes.com/opinion/story/2026-05-01/devil-wears-prada-2-sequel-careers-work #Granderson #AndreaSachs #WallStreet
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@TheBadPlace@mastodon.ozioso.online · 4d ago
US Top News and Analysis | Microsoft back on offense as quarter shows strong AI demand. Wall Street sees big stock gains ahead AI generated summary, Read the full article for complete information. Microsoft’s latest quarterly report shows a rebound driven by strong artificial‑intelligence demand, with adjusted earnings of $4.27 per share beating the $4.06 consensus and revenue of $82.89 billion surpassing expectations. Analysts remain cautiously optimistic: Goldman Sachs sees the results as a first step toward reversing a multi‑quarter slump and maintains a “Buy” rating with a $610 price target; Citi projects a 46 % upside to $620, citing accelerating growth in Azure and Microsoft 365 Copilot; JP Morgan assigns an overweight rating with a $550 target (≈30 % upside); Wells Fargo forecasts a $625 target (≈47 % upside) after noting robust cash flow and AI momentum; and Barclays sets a $545 target (≈28 % upside), highlighting Azure’s modest acceleration and capital‑expenditure expansion for AI capacity. Despite the strong fundamentals, the stock fell about 5 % as investors weigh rising spending and the pace of future growth. Read more: https://www.cnbc.com/2026/04/30/microsoft-quarter-shows-strong-ai-demand-street-sees-big-stock-gains-ahead.html #Microsoft #GoldmanSachs #GabrielaBorges #Azure #WallStreet
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@TheBadPlace@mastodon.ozioso.online · 4d ago
US Top News and Analysis | Carvana stock pops as used car retailer reports record first-quarter results AI generated summary, Read the full article for complete information. Carvana’s first‑quarter results beat Wall Street expectations, sending the stock up as much as 10% in after‑hours trading. The online used‑car retailer posted earnings per share of $1.69 versus the $1.43 forecast and revenue of $6.43 billion, topping the $6.08 billion estimate. Retail sales surged 40% year over year to 187,393 units, while adjusted EBITDA rose to $672 million and net income increased to $405 million from $373 million a year earlier. The company said it expects a sequential rise in both retail units sold and adjusted EBITDA in the second quarter, aiming for all‑time records on both metrics. Although Carvana’s market‑cap‑weighted shares are down about 6% in 2026, they are up roughly 63% over the past year. Read more: https://www.cnbc.com/2026/04/29/carvana-cvna-earnings-q1-2026.html #Carvana #WallStreet
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@TheBadPlace@mastodon.ozioso.online · 4d ago
US Top News and Analysis | Microsoft's earnings report lands after stock's worst quarterly performance since 2008 AI generated summary, Read the full article for complete information. Microsoft reported third‑quarter 2026 results that beat expectations, posting $82.9 billion in revenue (up 18% YoY) and an adjusted earnings per share of $4.27 versus the $4.06 consensus. Azure cloud revenue surged about 40% in constant‑currency terms, while the Intelligent Cloud segment generated $34.68 billion and the Productivity and Business Processes segment $35.01 billion, both exceeding estimates. The company now has over 20 million paid seats for the Microsoft 365 Copilot AI add‑on, and AI‑related revenue reached $37 billion, a 123% increase. Despite the strong top‑line, Microsoft’s operating‑margin guidance for the fiscal fourth quarter fell short of StreetAccount forecasts, and its 2026 capital‑expenditure outlook jumped to $190 billion (up 61% from 2025) driven by soaring memory prices. The firm also announced the end of its exclusive revenue‑share arrangement with OpenAI, while senior leaders in Office and gaming signaled upcoming retirements. As a result, Microsoft’s shares were down about 12% YTD, marking its worst quarterly performance since 2008. Read more: https://www.cnbc.com/2026/04/29/microsoft-msft-q3-earnings-report-2026.html #Microsoft #Azure #Microsoft365 #RajeshJha #PhilSpencer #VisibleAlpha #WallStreet #IntelligentCloud #
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@TheBadPlace@mastodon.ozioso.online · 5d ago
US Top News and Analysis | Asia-Pacific markets open mixed after OPEC shock, tech jitters drag Wall Street lower AI generated summary, Read the full article for complete information. Asian‑Pacific markets were mixed on Wednesday after U.S. stocks fell overnight, weighed down by an OPEC‑related shock and a report that OpenAI’s revenue and user‑growth fell short of its own targets, prompting CFO Sarah Friar’s warning that the AI firm might struggle to pay its computing contracts. The United Arab Emirates’ slated exit from OPEC on May 1 added to oil‑market uncertainty. South Korea’s Kospi slipped 0.39% (Kosdaq flat), Australia’s S&P/ASX 200 fell 0.28%, Hong Kong’s Hang Seng rose 1.2% while China’s CSI 300 dropped 0.26%; Japan was closed for a holiday. U.S. futures ticked modestly higher, but the S&P 500, Nasdaq Composite, and Dow Jones all ended lower (‑0.49%, ‑0.9%, and ‑0.05% respectively) as investors await earnings from several “Magnificent Seven” stocks and the possible final policy meeting of Fed Chair Jerome Powell. Read more: https://www.cnbc.com/2026/04/29/asia-markets-nikkei-225-kospi-hang-seng-index.html #UAE #OPEC #WallStreet #OpenAI #FederalReserve #SarahFriar #JeromePowell
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@TheBadPlace@mastodon.ozioso.online · 5d ago
World : Latest news on Le Monde.fr. | Greenland's rare earths: 'What could not be seized by military force is being acquired via Wall Street' AI generated summary, Read the full article for complete information. The site couldn’t load a required component, likely due to a browser extension, network issue, or browser settings; you should check your connection, disable any ad blockers, or try using a different browser. Read more: https://www.lemonde.fr/en/economy/article/2026/04/28/greenland-s-rare-earths-what-could-not-be-seized-by-military-force-is-being-acquired-via-wall-street_6752935_19.html #WallStreet #
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@TheBadPlace@mastodon.ozioso.online · 6d ago
Sweden Herald - Latest Sweden News | More flavor for Coca-Cola - raises 2026 sales forecast, beats expectations by Sweden Herald AI generated summary, Read the full article for complete information. Coca‑Cola announced that it is raising its 2026 sales forecast after posting first‑quarter earnings and sales that beat market expectations. The company attributes the growth to its push for healthier, low‑calorie drinks and a strategy that emphasizes smaller bottles and cans, appealing to price‑sensitive consumers facing higher energy costs. The upbeat results have lifted the stock, which is up about 8 % in pre‑market trading and has risen 8 % so far this year. Read more: https://swedenherald.com/article/more-flavor-for-cocacola-raises-2026-sales-forecast-beats-expectations #Coca_Cola #WallStreet #businessnews
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@TheBadPlace@mastodon.ozioso.online · 6d ago
US Top News and Analysis | General Motors is set to report earnings before the bell. Here's what Wall Street expects AI generated summary, Read the full article for complete information. General Motors will release its first‑quarter earnings before the market opens on Tuesday, with Wall Street analysts forecasting adjusted earnings of $2.62 per share on revenue of $43.68 billion—a modest dip of about 1 % in revenue and a 5.8 % decline in earnings per share compared with the same quarter a year ago. The report will also address the automaker’s 2025‑2026 electric‑vehicle strategy, following last year’s $7.6 billion EV write‑down and expectations of additional, though smaller, charges. Investors will be watching the impact of geopolitical tensions, tariff effects, and the company’s updated 2026 guidance, which projects net income of $10.3‑$11.7 billion, adjusted EBIT of $13‑$15 billion, and full‑year EPS of $11‑$13. Read more: https://www.cnbc.com/2026/04/28/general-motors-gm-earnings-q1-2026.html #GeneralMotors #WallStreet #Ford #electricvehicles #EVassets
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@TheBadPlace@mastodon.ozioso.online · Apr 24, 2026
Business | Justice Department drops criminal investigation of Fed chair Powell, likely clearing way for Warsh by Ben Wieder, Gavin J. Quinton AI generated summary, Read the full article for complete information. The Justice Department has closed its criminal probe into Federal Reserve Chairman Jerome Powell, ending the inquiry into whether he misled Congress about a $2.5 billion renovation of the Fed’s headquarters—a case that had become a political sticking point for Republican Sen. Thom Tillis, who said he would block the confirmation of Trump‑favored nominee Kevin Warsh while the investigation lingered. U.S. Attorney Jeanine Pirro announced the drop‑off, noting the probe was abandoned after prosecutors found no evidence of wrongdoing, though she left open the possibility of restarting it if new facts arise. With the investigation out of the way, Warsh’s nomination can move forward; he has pledged not to be a “sock‑puppet” for the president and argues for a pro‑growth, market‑first Fed agenda that includes shrinking the central bank’s $6.6 trillion balance sheet and eliminating forward guidance. The closure also underscores ongoing tension over the Fed’s independence, as President Trump has previously pressured the bank on interest‑rate policy and attempted to fire a Fed governor, highlighting the broader political battles surrounding the nation’s most influential central bank. Read more: https://www.latimes.com/world-nation/story/2026-04-24/justice-department-drops-criminal-probe-of-fed-chair-powell-likely-clearing-way-for-warsh #JeromePowell #KevinWarsh #DonaldTrump #WallStreet #FederalReserve #JeaninePirro #ThomTillis AI generated summary, Read the full article for complete information.
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@TheBadPlace@mastodon.ozioso.online · Apr 12, 2026
Times of India | Meta's most-popular former employee and father of AI Yann LeCun calls Anthropic's latest model that has everyone scared, as 'Drama' Yann LeCun, Meta's former chief AI scientist and deep learning pioneer, has dismissed the panic around Anthropic's Claude Mythos Preview as "BS from self-delusion." While the model's reported ability to find vulnerabilities in every major operating system and browser spooked Wall Street and triggered an emergency Fed meeting, LeCun and other AI researchers argue the threat is overhyped—though cybersecurity firms using Mythos disagree. Read more: https://timesofindia.indiatimes.com/technology/tech-news/metas-most-popular-former-employee-and-father-of-ai-yann-lecun-calls-anthropics-latest-model-that-has-everyone-scared-as-drama/articleshow/130202341.cms #meta #yannlecun #anthropic #wallstreet
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@TheBadPlace@mastodon.ozioso.online · Apr 10, 2026
All Content from Business Insider | H-1B petitions fall at Goldman Sachs and JPMorgan and rise at Citi after Trump's visa crackdown by Alex Nicoll,Andy Kiersz David Solomon, Jamie Dimon, and Jane Fraser's banks all have policies in place to monitor bankers' hours.Getty Images Wall Street H-1B filings are down year-over-year following Trump's visa crackdown.While some large visa filers, like Goldman Sachs, are down year over year, others are up.Financial firms often use H-1B hires to boost their technical staff, but AI could complicate that.H-1B visa filings fell at major financial firms like Goldman Sachs and JPMorgan last year, while other major firms, like Citi, increased their petitions compared to the same time the previous year. This is the first data available showing how the financial industry reacted to President Donald Trump's changes to the work visa program, which made new applications more expensive. Read the original article on Business Insider Read more: https://www.businessinsider.com/wall-street-h-1b-petitions-fall-after-trump-visa-crackdown-2026-4 #goldmansachs #h-1b-visa #immigration #jpmorgan #wallstreet
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@wdlindsy@toad.social · Apr 09, 2026
"When a feebleminded lunatic runs the world's most well-funded war machine, it's best to worry and risk being accused of overreaction. The problem is that a significant swath of Americans aren't alarmed enough. ... I am speaking of the 'Trump Always Chickens Out' maxim that has taken root since the beginning of Trump's second term." ~ Jason Linkins #Trump #TACO #WallStreet #EconomicElites #morality #InsiderTrading #StockMarket /1 https://newsletter.tnr.com/index.php?action=social&chash=4c2e5eaae9152079b9e95845750bb9ab.3020&s=cdd6377d8462caad2b4695418c877aea
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@TheBadPlace@mastodon.ozioso.online · Apr 09, 2026
yahoo news | Wall Street’s Two Most Powerful Men Endorse CZ’s Prison Memoir Binance founder Changpeng Zhao (CZ) unveiled his 366‑page memoir “Freedom of Money” on April 8, 2026. Written largely during his four‑month U.S. prison sentence in 2024, the book traces his journey from a modest upbringing in rural China to building the world’s largest cryptocurrency exchange and navigating a $4.3 billion settlement with the U.S. Department of Justice. The memoir is backed by two of Wall Street’s most influential figures: BlackRock chief Larry Fink, who praised CZ as an early mover in blockchain adoption, and Bridgewater founder Ray Dalio, who highlighted CZ’s rise from poverty to global impact and urged readers to learn from his story. Fink’s endorsement frames the narrative around the transformative potential of digital assets, emphasizing that “digital assets and blockchain technology can unlock real opportunities for nations willing to embrace the future.” Dalio takes a more personal angle, calling CZ “a great admirer… for his bold contributions to making alternative monies accessible to almost everyone in the world.” The book also features a foreword by Binance co‑founder and co‑CEO Yi He, as well as endorsements from Bhutan’s king, Haidilao founder Zhang Yong, and early Bitcoin investor Matt Roszak. Their support arrives at a strategic moment: BlackRock’s iShares Bitcoin Trust now handles $16‑$18 billion of daily trading volume, directly competing with Binance for crypto liquidity, and BlackRock’s tokenized BUIDL fund was integrated as collateral on Binance in late 2025. The launch, however, is shadowed by fresh compliance concerns. Bloomberg reported that Binance’s chief compliance officer Noah Perlman, a former federal prosecutor hired after the 2023 plea‑deal reforms, is discussing his departure, and Fortune revealed that Binance dismissed at least five compliance investigators who had uncovered $1 billion in transfers to Iran‑linked entities between March 2024 and August 2025. Senator Richard Blumenthal has opened a Senate inquiry, and nine Senate Democrats have called on the DOJ and Treasury to investigate. While Binance denies any sanctions‑law violations and found “no evidence” of wrongdoing, all royalties from the memoir will be donated to CZ’s education nonprofit Giggle Academy, underscoring the contrast between charitable pledges and the high‑profile backing from the world’s most powerful asset managers. Read more: https://finance.yahoo.com/markets/crypto/articles/wall-street-two-most-powerful-144455396.html?fr=sycsrp_catchall #wallstreet #changpengzhao #binance #blackrock #raydalio
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@rss_bot@social.koti.site · Apr 09, 2026
Wall Street cerró en un claro ascenso. https://yle.fi/a/74-20219566?origin=rss #ÍndicePromedioIndustrialdeDowJones #NuevaYorkStockExchange #Accionesyvalores #ReservaFederal #EstadosUnidos #WallStreet #NuevaYork #Economía #Cambio
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@TheBadPlace@mastodon.ozioso.online · Apr 08, 2026
undefined | Delta CEO says airline will 'meaningfully' cut growth plans, sees $300 million boost from its refinery Delta Air Lines said it will “meaningfully reduce” its capacity‑growth plans in the near term as jet‑fuel prices surge, joining United and JetBlue in hiking checked‑bag fees. The announcement helped the stock jump more than 11 % in pre‑market trading after oil prices fell, and the carrier signaled that overall capacity is likely to stay flat for the year. For the first quarter, Delta beat Wall Street expectations, reporting adjusted earnings of 64 cents per share versus the 57‑cent forecast and revenue of $14.2 billion versus the $14‑billion estimate. The airline warned that its fuel bill will be about $2 billion higher this quarter, but it forecast second‑quarter adjusted earnings of $1.00‑$1.50 per share (analysts saw $1.41) and revenue growth in the low‑teens percent. A key tailwind is its refinery near Philadelphia, which is expected to contribute a $300 million benefit and help Delta post roughly $1 billion in pre‑tax profit in Q2. Premium‑ticket revenue rose 14 % year‑over‑year, driven by stronger demand for first‑class and other higher‑priced seats, while main‑cabin revenue increased for the first time since late 2024. Although a brief slowdown in business travel was noted during a TSA line disruption, overall demand remains robust. Delta expects all‑in fuel costs of about $4.30 per gallon in the second quarter and is holding off on revising its full‑year outlook until fuel‑price volatility eases. Read more: undefined #deltaairlines #ceo #jetblue #wallstreet #business-travel
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@TheBadPlace@mastodon.ozioso.online · Apr 06, 2026
Yahoo Finance | Jeff Bezos Delayed Launching Amazon Because He Realized He'd Probably 'Know Nothing' By The Time He Turned 70: Here's What He Did Instead Before building one of the world's most valuable companies, Jeff Bezos chose patience over impulse—delaying entrepreneurship to better understand business and the world. After graduating from Princeton in 1986, Bezos briefly considered launching a startup with friends. But he ultimately stepped back, believing he lacked the experience needed to succeed. Speaking at the Academy of Achievement in 2016, Bezos said he decided it would be "smarter to wait and learn a little bit more about business and the way the world works." Bezos believed that young people often overestimate their understanding. "It's very hard to believe when you're 22 or 23 years old that you don't already know everything," he said. He added that he could only imagine that by the time he turned 70, he would realize he knew nothing—a perspective that pushed him to prioritize learning over rushing into entrepreneurship. This mindset of humility and continuous learning became a cornerstone of his approach to business and innovation. Instead of founding a company right away, Bezos joined a New York startup focused on financial networks and later worked at firms including Bankers Trust. He spent years working at the intersection of computing and finance, eventually entering the world of quantitative trading, where algorithms executed stock trades. While working on Wall Street, Bezos discovered that internet usage was growing at an astonishing rate—about 2,300% annually. That insight led him to launch Amazon in 1994 as an online bookstore. Amazon went public in 1997 at $18 per share and has since grown into a company with a market capitalization of over $2 trillion. Bezos stepped down as CEO in 2021 and currently has a net worth of $232 billion, according to the Bloomberg Billionaire Index. Read more: https://finance.yahoo.com/markets/stocks/articles/jeff-bezos-delayed-launching-amazon-123108731.html #jeffbezos #amazon #princeton #wallstreet #onlinebookstore
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@TheBadPlace@mastodon.ozioso.online · Mar 27, 2026
yahoo news | Here’s the most overlooked part of Larry Fink’s yearly letter to shareholders — ... Larry Fink’s 2026 annual letter to shareholders, while filled with the usual market cautions, ends on a surprisingly upbeat note: “people need to get on the investment train or be run over by it.” As the head of the world’s largest asset manager—$14 trillion across every asset class—Fink uses that metaphor to stress that ordinary investors now have the tools to participate in the economy’s upside, just as Wall Street has traditionally served Main Street. The letter also flags two emerging risks. First, Fink warns that artificial‑intelligence breakthroughs could widen wealth inequality if ownership of the technology’s gains does not broaden, echoing growing concerns about AI’s societal impact. Second, he skirts overt criticism of the Trump administration’s tariff‑heavy trade policy and offers a measured take on ESG investing, noting that BlackRock tailors its products to diverse client needs—from a Texas retirement fund to New York pension plans—rather than pushing a one‑size‑fits‑all green agenda. Finally, Fink underscores how market access has been democratized. Exchange‑traded funds, a core BlackRock offering, let the “average Joe or Jane” assemble diversified portfolios that include everything from the S‑P 500 to crypto, with liquidity far superior to private‑equity holdings. This focus on broad‑based investing has helped BlackRock grow assets under management and lift its share price nearly 30 % over the past five years, positioning the firm as a key bridge between Wall Street and the emerging middle class. Read more: https://nypost.com/2026/03/27/business/heres-the-most-overlooked-part-of-larry-finks-yearly-letter-to-shareholders-and-why-it-could-be-good-news/ #larryfink #blackrock #wallstreet #s-p500 #exchange-tradedfunds
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