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Rite Aid (RAD:NYSE) hopes to stop opioid lawsuits by filing for bankruptcy

August 26, 2023March 13, 2025globalstocksnews
Rite Aid stock loses half of value in one day A slurry of opioid lawsuits has pushed Rite Aid (RAD:NYSE) into filing for [...]

Target misses sales and profit goals due to Pride Month backlash.

August 21, 2023March 13, 2025globalstocksnews
Target (TGT:NYSE) outperformed quarterly earnings estimates by a wide margin, offsetting a revenue shortfall and a reduction in guidance. However, the retailer could [...]

WeWork struggles for relevance amidst WFH and sloppy business model

August 13, 2023March 13, 2025globalstocksnews
WeWork shares tumble 99% WeWork (WE:NYSE) has raised concerns about its capacity to continue operations due to weaker-than-anticipated demand and increased member churn. [...]

Apple’s revenue declines for the third straight quarter

August 11, 2023March 13, 2025globalstocksnews
Apple’s (APPL:NASDAQ) revenue declined for the third consecutive quarter—its most prolonged sales slump since 2016. The Cupertino, Calif.-based tech giant posted sales of [...]

Meta (META:NASDAQ) gets into its stride, posts highest quarterly sales since 2021

July 30, 2023March 13, 2025globalstocksnews
Meta posts highest quarterly sales since 2021 Meta (META:NASDAQ) posted its highest quarterly sales growth since 2021 as digital advertising continued to recover. [...]

Why Millennials and GenZ-ers Click with Beeline’s AI Mortgage Chatbot

July 19, 2023March 13, 2025globalstocksnews
Traditional Mortgage Lending is a clunky legacy industry that drives away customers with outdated attitudes, analytics and judgements. On July 23, 2023, Beeline [...]

Meta’s Threads goes head-on against Twitter

July 8, 2023March 13, 2025globalstocksnews
US stocks down for the week A stretch of strong economic data hardened investors’ expectations of further interest-rate increases, fueling a lockstep weekly [...]

Apple (APPL:NASDAQ) hits $3trn market capitalization

July 4, 2023March 13, 2025globalstocksnews
Apple hits $3trn market capitalization With its shares closing above the $190.734 threshold on Friday, Apple (APPL:NASDAQ) became the first American company to [...]

Rivian joins list of electric vehicles that would be powered by Tesla superchargers

June 27, 2023March 13, 2025globalstocksnews
Rivian to use Tesla superchargers The most recent manufacturer of electric vehicles to join Tesla’s (TSLA:NASDAQ) Supercharger network is Rivian (RIVN:NASDAQ). The startup [...]

Federal Reserve skips rate hikes for first time since January 2022

June 20, 2023March 13, 2025globalstocksnews
Fed decides to skip rate hikes The Fed’s tightening campaign appears to be coming to an end. For the first time since January [...]

S&P 500 touches highest level since August 2022.

June 10, 2023March 13, 2025globalstocksnews
S&P 500 touches highest level since August 2022. The S&P 500 rose slightly Friday, touching the 4,300 level for the first time since [...]

SoFi shares receive a boost from reinstated student loan payments

June 9, 2023March 13, 2025globalstocksnews
Student loan repayment boosts SoFi shares A planned return of student-loan payments boosted SoFi (SOFI:NASDAQ) shares by 15% on Wednesday. The stock of [...]

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