Scott Farquhar, co-founder and co-chief executive officer of Atlassian Corp., walks the grounds during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 12, 2023. David Paul Morris | Bloomberg | Getty Images Atlassian shares jumped as much as 24% in extended trading on Thursday …
Read More »Monthly Archives: August 2023
Nikola shareholders approve proposal to issue new stock
Nikola Tre BEV Courtesy: Nikola Electric truck maker Nikola won shareholder approval to issue new stock, the company said late on Thursday. The vote paves the way for Nikola to raise additional funds to support the launch of its fuel-cell-powered electric Tre semitruck and the buildout of a hydrogen refueling network …
Read More »Stocks making the biggest moves after hours: AAPL, AMZN, ABNB, COIN
Sheldon Cooper | Lightrocket | Getty Images Check out the companies making headlines in after-hours trading. Amazon – The e-commerce giant popped more than 7% in extended trading after posting strong second-quarter results and issuing upbeat revenue guidance for the current period. Amazon reported earnings of 65 cents a share, …
Read More »Airbnb (ABNB) Q2 earnings report 2023
Airbnb shares slid as much as 6% in extended trading on Thursday after the short-term home-rental company reported a smaller sum of nights and experience booked in the second quarter than analysts had projected. Here’s how the company did: Earnings: 98 cents per share, vs. 78 cents per share as …
Read More »Amazon online advertising unit just brought in over $10 billion in Q2
Alain Jocard | AFP | Getty Images Amazon’s online advertising business is getting bigger as the slumping digital ad market shows signs of improvement. The online retail giant’s ad business brought in $10.68 billion in sales in the second quarter, which was a 22% jump from the previous year during …
Read More »Business schools with the best return on investment
Earning a master of business administration degree can come with a hefty price tag, with top schools ranging from $50,000 to $80,000 per year. For professionals seeking to advance their careers, many may wonder: Is an MBA worth it? The short answer is yes, an MBA is almost always worth …
Read More »Couples leverage ‘something borrowed’ to cut wedding costs
After facing the reality of how expensive fresh flowers could be when planning her own wedding, Della Larca founded Florèal Blooms, her luxury silk flower rental business, three and half years ago from her basement in Butler, New Jersey. Larca’s business swelled last year, and she recently moved to a …
Read More »Amazon (AMZN) Q2 earnings report 2023
Andy Jassy, CEO of Amazon, speaks at the ceremonial ribbon cutting prior to tomorrow’s opening night for the NHL’s newest hockey franchise the Seattle Kraken at the Climate Pledge Arena on October 22, 2021, in Seattle. Bruce Bennett | Getty Images Sport | Getty Images Amazon will report second-quarter earnings …
Read More »Microsoft discloses scale of Dynamics software in annual report
Microsoft still isn’t disclosing the size of its Azure business, providing only the growth rate for the cloud business and leaving investors guessing how its revenue compares to Amazon and Google. But in its much smaller Dynamics business, which includes software for salespeople, marketers and customer-service agents, Microsoft has suddenly …
Read More »BOE governor Bailey cautious amid ‘unwelcome surprises’ in inflation
Bank of England Governor Andrew Bailey said Thursday that the central bank remains cautious in its battle to tame stubbornly high inflation as U.K. data continues to offer “unwelcome surprises.” Bailey told CNBC that he was encouraged by recent inflation figures, which prompted policymakers to raise rates by a widely anticipated 25 …
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