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The CEO apologized to company shareholders. After a recent earnings guidance report, European food delivery company Delivery Hero suffered a severe drop in its stock values, with shares dropping approximately 30%. The company actually...
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Reports of stalled growth have sent Meta reeling. For the fourth quarter, Facebook released its earnings under its new branding, Meta, for the very first time. However, this change was dwarfed by another major...
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The company’s stock has been bleeding value all week. Following their first successful manned spaceflight last month, Richard Branson’s commercial spaceflight company Virgin Galactic has been in a state of stasis as they begin...
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JPMorgan Chase is taking action in response to the coronavirus The CEO of JPMorgan Chase, Jamie Dimon, warns shareholders of a coming deep recession in his annual letter to the shareholders addressing the response...
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Many beer drinkers are affiliating Corona beer with the coronavirus Corona beer faces issues being affiliated with the coronavirus during the worst time for the beer brand. Corona isn’t planning on making marketing changes...
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Netflix stock drop with subscriber rates Netflix’s video streaming service suffered a huge slowdown in growth this spring season. Despite forecasting 5 million subscribers, the streaming service only picked up 2.7 million worldwide subscribers...