Hims&Hers stock falls as Amazon launches Telehealth offering
Shares of Hims&Hers Health, Inc. (HIMS) dropped over 15% Thursday following Amazon’s announcement of new telehealth treatment options aimed at providing low-cost care for a range of health and beauty ...
Advance Auto Parts To Close 700 Stores As Finances Deteriorate
Advance Auto Parts (AAP) has announced plans to close more than 700 stores by mid-2025 as it restructures amid weakening demand for the motor vehicle parts it sells. The company said fewer consumers ...
Citi initiates coverage on 5 new biotech stocks
Citigroupa expanded its biotech coverage on Wednesday, adding five more stocks to the roster including Amgen (NASDAQ:AMGN), Biogen (NASDAQ:BIIB), Gilead (NASDAQ:GILD), Regeneron (NASDAQ:REGN), and ...
Charlotte's Web Holdings, Inc
Reported financial results for the third quarter ended September 30, 2024. Revenue proved $12.6 million U.S., compared to $14.3 million in the prior-year quarter. Q3 operating loss was $6 million, ...
Disney’s Stock Rises 10% As Financial Results Beat Estimates
The stock of Walt Disney Co. (DIS) is up 10% after the entertainment giant reported financial results that beat Wall Street ...
Crypto Market Capitalization Hits Record $3.2 Trillion
The global market capitalization of cryptocurrencies has reached a record $3.2 trillion U.S. in the week after Donald Trump reclaimed the U.S. presidency. The record market cap comes as investors pile ...
Luxury Retailers Capri And Tapestry Abandon $8.5 Billion Merger Plan
Luxury retailers Capri Holdings (CPRI) and Tapestry (TPR) have called off their planned $8.5 billion U.S. merger. The deal has been scuttled after the Federal Trade Commission (FTC) successfully sued ...
BayStreet2h
Canadian Dollar Sinks To Four-Year Low After U.S. Election
The Canadian dollar continues to weaken against the American dollar after the U.S. election and is now trading at its lowest ...
ADS Ekes up on Order from Alabama Power
ADS-TEC Energy (NASDAQ: ADSE) shares enjoyed marginal gains Thursday, as the company, purporting to be a global leader in battery-buffered, ultra-fast charging technology, announced Alabama Power has ...
Chipmaker AMD To Layoff 4% Of Workforce
Chipmaker Advanced Micro Devices (AMD) has announced that it is laying off 4% of its global workforce, or about 1,000 ...
Stratus Hikes on Unveiling Microsoft Server
Stratus®, a Penguin Solutions (NASDAQ: PENG) brand and a global leader in simplified, protected, and autonomous zero-touch computing platforms, today announced Stratus ztC Endurance™support for ...
Cisco Systems’ Financial Results Top Wall Street Forecasts
Technology giant Cisco Systems (CSCO) has reported third-quarter financial results that beat Wall Street forecasts across the ...