industrial news

‘Housing corporations are within the jungle now’ — Redfin inventory slips as outcomes miss estimates

[ad_1] Shares of Redfin Corp. had been down after hours on Wednesday, after the residential real-estate brokerage reported a steeper…

2 years ago

‘The housing market will get smaller in 2023’: Redfin lays off 13% of employees

[ad_1] Redfin RDFN, -6.59% is shedding employees once more, because the housing market continues to harm from excessive mortgage charges…

2 years ago

Affirm inventory plunges towards document low after Peloton’s struggles weigh on forecast

[ad_1] Affirm Holdings Inc. shares plummeted Tuesday afternoon, after executives introduced down their annual steering for the buy-now-pay-later firm amid…

2 years ago

Novavax inventory rallies, whilst firm presents a dimmer gross sales forecast for vaccines

[ad_1] Novavax Inc. on Tuesday tweaked its full-year gross sales outlook to the low finish of its anticipated vary and…

2 years ago

How main crypto tokens are reacting after experiences of Binance’s acquisition of FTX

[ad_1] Most crypto costs jumped Tuesday on information that Binance, the biggest crypto change on the planet, has signed a…

2 years ago

AMC missed ‘golden alternative’ to pay down $5.4 billion debt with APEs, says analyst

[ad_1] AMC Leisure Holdings Inc. reviews third-quarter outcomes on Tuesday, with the meme inventory darling anticipated to offer an replace…

2 years ago

Why Okta, Twilio and Salesforce are bucking the development of cloud-software shares’ slide

[ad_1] Cloud-software shares continued to dump Monday, following one of many house’s worst weeks ever, though not as quick as…

2 years ago

Palantir inventory falls after earnings as income progress slows

[ad_1] On the heels of a troublesome week for software program shares, Palantir Applied sciences Inc. got here in simply…

2 years ago

Redfin inventory falls as a lot as 15% after analyst says promote

[ad_1] Shares of Redfin Corp. sank into record-low territory Monday after Oppenheimer’ Jason Helfstein beneficial traders promote, as he defined…

2 years ago

What would Meta layoffs imply for Zuckerberg’s daring metaverse plan?

[ad_1] The prospect of mass layoffs at Meta Platforms Inc. might ramp up the strain on CEO Mark Zuckerberg to…

2 years ago