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Business News
Spotify Slashed to Neutral at Citi
Citi analysts downgraded Spotify (NYSE:SPOT) from Buy to Neutral, maintaining a $190 price target in a recent report. The analysts commended Spotify's strategy and...
UiPath Shares Surge 24 percent Following Q3 Beat
Shares of UiPath (NYSE:PATH) saw a significant rise of over 24% intra-day today following the announcement of their third-quarter earnings, which exceeded expectations. The...
Elastic Stock Jumps 31 percent Following Q2 Beat & Raise
Shares of Elastic N.V. (NYSE:ESTC) experienced a significant jump of over 31% intra-day today following the announcement of their second-quarter results, which exceeded market...
Big Lots Shares Jump After Q3 Report
Shares of Big Lots (NYSE:BIG) experienced a notable surge of around 10% on Thursday, with a further surge of 11% intra-day today, following the...
Boeing’s Price Target Raised at Baird
Baird analysts increased their price target for Boeing (NYSE:BA) to $300.00, up from the previous $250.00, while maintaining an Outperform rating. This adjustment follows...
FTC makes Fortnite’s developer, Epic Games, pay $245 million to resolve claims
Fortnite's developer, Epic Games, has agreed to pay $245 million to resolve claims made by the Federal Trade Commission about in-game purchases. The business...
The company that owns TikTok, ByteDance, prepares for hundreds of layoffs as it slashes gaming unit Nuverse
The Chinese digital behemoth ByteDance, which created TikTok, is stepping back from the video game industry, which will lead to the loss of hundreds...
Five Below Posts Q3 Beat & In-Line Guidance
Five Below (NASDAQ:FIVE) announced its third-quarter earnings, reporting an earnings per share (EPS) of $0.26, which surpassed the Street estimate of $0.23.
The company...
Nutanix Gains 4 percent Following Q1 Earnings Beat
Nutanix (NASDAQ:NTNX) announced its first fiscal quarter earnings, surpassing analyst predictions and leading to an upward revision of its future guidance. Shares surged more...
Kroger’s Q3 Earnings Review
Kroger (NYSE:KR) revised its sales growth forecast, citing current economic pressures and a decrease in food-at-home inflation as the holiday season approaches.
The company now...