‘We did not have a plan for a country to shut down’ — Cisco stock plunges 13% as China lockdown affects supply and outlook
Cisco Systems Inc. shares plunged in the extended session Wednesday after the tech bellwether’s revenue forecast came up more than $1 billion short of Wall...
Coinbase stock slides toward all-time low as crypto trading falls off
Coinbase Global Inc. swung to a loss in its most recent quarter and posted lower-than-expected revenue as it lost 2.2 million crypto traders from its...
‘You don’t want to own bonds and stocks’ in this environment: Paul Tudor Jones
“‘You can’t think of a worse environment than where we are right now for financial assets…Clearly you don’t want to own bonds and stocks.’” —...
China EV maker Nio suspends production due to supply chain disruptions By Reuters
[ad_1] © Reuters. A Nio electric vehicle (EV) is seen displayed during a media day for the Auto Shanghai show in Shanghai, China April 19,...
AMC stuns investors with investment in gold and silver mine as it puts $1.8 billion war chest to work
AMC Entertainment Holdings Inc. surprised investors Tuesday with the news of an investment in a gold and silver mine that is well outside of its...
Omicron-related disruptions cause over 4,000 flight cancellations to kick off 2022 By Reuters
[ad_1] 2/2 © Reuters. FILE PHOTO: A plane is seen shortly after take-off at sunset, from Heathrow Airport, London, Britain, December 11, 2020. REUTERS/Toby Melville...
U.S. airlines grapple with Omicron-related disruptions on last day of the year By Reuters
[ad_1] © Reuters. Travelers are seen under a PSA advising mask wearing in a concourse during the holiday season as the coronavirus Omicron variant threatens...