Adidas AG ADDYY has seen a surge in sales thanks to its Samba and Gazelle shoes, despite a decline in North American sales. What Happened: Adidas’...
Cathie Wood’s Ark Invest was on a chip stock buying spree on Monday, and the purchase assumes importance because it came just ahead of Advanced Micro...
First Quantum Minerals FQVLF is shutting down the Ravensthorpe nickel mine in Western Australia. The closure follows months of production suspension. First Quantum’s original plan to...
Shares of movie theater chain AMC Entertainment Holdings AMC traded higher Friday after the company pre-announced first-quarter financial results. Wedbush analyst Alicia Reese recently shared commentary...
Silicon Valley veteran Chamath Palihapitiya, known as the “SPAC King” for his use of special purpose acquisition companies, recently shared a surprising story on the All-In Podcast....
Tesla Inc. TSLA is reportedly set to lay off 693 employees at its Nevada facilities as part of the 10% layoff announced by the company earlier...
Tesla, Inc. TSLA, is undergoing its biggest workforce reduction ever in a bid to combat slowing demand and falling margins. The company has decided to cut...
Adient PLC ADNT has put forward restructuring plans in Europe to reduce operating, administrative and engineering costs. The plan primarily consists of workforce reductions and the transfer of work to countries...
Hibbett, Inc. HIBB shares are trading higher by 18% in the premarket session on Tuesday. Hibbett announced a definitive agreement in which JD Sports Fashion PLC JDSPY will acquire Hibbett for...
Apple, Inc. AAPL is facing multiple headwinds, and chief among them are the weakness in China and slowing iPhone sales, said Bloomberg’s columnist Mark Gurman on...
Nike, Inc. NKE is reportedly set to cut around 740 jobs at its Oregon headquarters, aiming to trim expenses following a projected revenue decline in the first half...
AMC Entertainment Holdings, Inc. AMC shares are trading higher Friday, and the stock is up nearly 20% over the past five days. Here’s a look at...