Netflix lays off 150 employees

Netflix lays off 150 staff

Netflix is shedding round 150 staff throughout the corporate, CNBC confirmed Tuesday. The eradicated positions signify lower than 2% of the streamer’s 11,000 staffers, with a lot of the cuts occurring within the U.S. “As we defined on earnings, our slowing income development means we’re additionally having to gradual our value development as an organization,” […]

Robinhood, Chewy, RH, Lululemon and more

Robinhood to permit customers maintain their very own crypto and NFTs

Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a display throughout his firm’s IPO on the Nasdaq Market web site in Instances Sq. in New York Metropolis, U.S., July 29, 2021. Brendan McDermid | Reuters Robinhood is handing over the keys to a few of its prospects’ crypto. The buying and selling […]

5 things to know before the stock market opens Wednesday, April...

Twitter, Affirm, Robinhood and extra

Merchants work on the ground of the New York Inventory Alternate.  NYSE Take a look at the businesses making headlines in noon buying and selling. Twitter — Shares of the social media platform slid 9.7% after Elon Musk mentioned his take-private deal is on maintain till he receives extra details about what number of faux accounts there […]

Twitter, SeaWorld, Shopify and more

5 issues to know earlier than the inventory market opens Friday, Might 13

Listed below are a very powerful information, developments and evaluation that buyers want to begin their buying and selling day: 1. Dow futures pop after the 30-stock common’s six-session shedding streak The Twitter emblem and buying and selling info is displayed as a dealer works on the ground of the New York Inventory Trade (NYSE) […]

Twitter, Affirm, Robinhood and more

Twitter, Affirm, Robinhood and extra

Try the businesses making headlines earlier than the bell: Twitter (TWTR) – Twitter tumbled 14.6% in premarket buying and selling after Elon Musk tweeted that his deal to purchase the corporate was “quickly” on maintain, as he awaits particulars on the variety of pretend and spam accounts on the platform. Affirm Holdings (AFRM) – Affirm […]

Visa crypto executive leaves for Softbank-backed start-up DriveWealth

Visa crypto govt leaves for Softbank-backed start-up DriveWealth

Terry Angelos, Visa’s international head of fintech and crypto. DriveWealth Considered one of Visa’s high executives is leaving the funds big for a brokerage expertise start-up, CNBC has discovered. Terry Angelos, Visa’s international head of fintech and crypto, will take over as chief govt officer of start-up DriveWealth subsequent week. Angelos joined Visa seven years […]

Charlie Munger says Robinhood is justly 'unraveling' for 'disgusting'...

Charlie Munger says Robinhood is justly ‘unraveling’ for ‘disgusting’…

Berkshire Hathaway Vice Chairman Charlie Munger blasted inventory buying and selling app Robinhood on Saturday, saying the corporate is now “unraveling.” “It is really easy to overdo a good suggestion. … Look what occurred to Robinhood from its peak to its trough. Wasn’t that fairly apparent that one thing like that was going to occur?” […]

Robinhood, Chewy, RH, Lululemon and more

Robinhood, Amazon, Apple, Roku and extra

Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a display screen throughout his firm’s IPO on the Nasdaq Market website in Occasions Sq. in New York Metropolis, U.S., July 29, 2021. Brendan McDermid | Reuters Take a look at the businesses making headlines in premarket buying and selling Friday. Apple — Apple’s […]

Singapore fintech Nium plans aggressive expansion in Europe

Singapore fintech Nium plans aggressive growth in Europe

Europe’s fintech sector is fiercely aggressive, with privately-held start-ups price tens of billions of {dollars} vying to steal market share from incumbent banks. Oscar Wong | Second | Getty Pictures LONDON — Nium, a $2 billion digital funds start-up primarily based out of Singapore, has large plans for its European enterprise. The corporate, whose software […]

Robinhood HOOD Q1 2022 earnings

Robinhood HOOD Q1 2022 earnings

The emblem for Robinhood is displayed on a smartphone in an organized {photograph}. Gabby Jones | Bloomberg | Getty Photographs Retail brokerage agency Robinhood reported a wider-than-expected loss and shrinking income for the primary quarter, exhibiting indicators that the small-dollar buying and selling increase that captivated Wall Avenue a 12 months in the past could […]

Amazon, Apple, Robinhood and more

Amazon, Apple, Robinhood and extra

An Amazon truck is seen coming into the LDJ5 Amazon Kind Heart on April 25, 2022 in New York Metropolis. Michael M. Santiago | Getty Pictures Take a look at the businesses making headlines in prolonged buying and selling. Amazon — Shares of the e-commerce big tumbled by 10% after hours, after the corporate reported […]

Entrepreneur Tiffany James says women must invest to create wealth

Entrepreneur Tiffany James says girls should make investments to create wealth

Constructing wealth is cool. That is a mantra of Trendy Blk Woman, a group aimed toward educating Black girls the significance of investing and wealth creation that was based by Tiffany James when she was simply 25. Like most newly minted school graduates, James had pupil mortgage debt and was dwelling simply barely inside her […]

Microsoft, Visa, Enphase Energy, Boeing and more

Microsoft, Visa, Enphase Power, Boeing and extra

Microsoft Company headquarters at Issy-les-Moulineaux, close to Paris, France, April 18, 2016. Charles Platiau | Reuters Take a look at the businesses making headlines in noon buying and selling. Enphase Power — Shares jumped greater than 8% after Enphase topped earnings expectations on the highest and backside strains. The vitality firm reported file revenues, and […]

Microsoft, Boeing, Alphabet, Robinhood and more

Microsoft, Boeing, Alphabet, Robinhood and extra

A employee inspects a Boeing 737 MAX airliner at Renton Airport adjoining to the Boeing Renton Manufacturing facility in Renton, Washington on November 10, 2020. Jason Redmond | AFP | Getty Pictures Try the businesses making headlines in early morning buying and selling. Enphase Vitality — Shares of the photo voltaic microinverter maker jumped greater […]

Alphabet, Robinhood, Meta and more

Alphabet, Robinhood, Meta and extra

The brand of Alphabet Inc’s Google exterior the corporate’s workplace in Beijing, China, August 8, 2018. Thomas Peter | Reuters Take a look at the businesses making headlines after the bell. Alphabet — Shares tumbled greater than 6% in prolonged buying and selling after Google’s dad or mum firm reported an earnings miss. The agency […]

Goldman exec Dustin Cohn leaves for real estate investing start-up Cadre

Goldman exec Dustin Cohn leaves for actual property investing start-up Cadre

Dustin Cohn, chief advertising and marketing workplace of Cadre Supply: Cadre Goldman Sachs client financial institution branding chief Dustin Cohn has joined actual property investing start-up Cadre as chief advertising and marketing officer, CNBC has discovered. The departure of Cohn, who’s credited with serving to name the agency’s client division Marcus in 2016, is the […]

Robinhood to launch in UK with deal to buy crypto app Ziglu

Robinhood to launch in UK with deal to purchase crypto app Ziglu

A lady holds a smartphone with the Robinhood emblem within the background. Rafael Henrique | Sopa Pictures | Lightrocket | Getty Pictures Robinhood stated Tuesday it has agreed to purchase Ziglu, a London-based fintech app that lets customers commerce bitcoin and several other different cryptocurrencies. The acquisition will assist Robinhood increase into the U.Ok. and […]

Biogen, Spirit, Robinhood and more

Biogen, Spirit, Robinhood and extra

Take a look at the businesses making headlines earlier than the bell: Biogen (BIIB) – Biogen fell 1% in premarket buying and selling after the federal government introduced that Medicare will restrict protection for Aduhelm, Biogen’s Alzheimer’s illness therapy. Protection will solely be supplied for sufferers enrolled in scientific trials. Spirit Airways (SAVE) – Spirit […]