Wall Street

Platform News: Twitter stock market and financial performance

Twitter beats revenue targets with ad improvements, shares jump 7%

Twitter Inc reported higher revenue growth than Wall Street had expected, as the social media platform rolled out ad targeting improvements and said changes by Apple to keep iPhone...

Platform News: Snapchat app on a smartphone

Snap beats user, revenue estimates with highest growth in 4 years

Snap Inc has beaten Wall Street estimates for users and revenue in the second quarter, notching the highest growth rates since late 2017 as new features on its messaging app Snapch...

Platform industry news: Oracle Corp

Cloud ramp up weighs on Oracle’s profit view, shares fall

Oracle Corp has forecast current-quarter profit below Wall Street estimates, as the business software maker ramps up investments in its cloud computing business to take on rivals i...

Didi V2X

China’s Didi reveals US IPO filing, sets stage for blockbuster float

Didi Chuxing, China’s biggest ride-hailing firm, has made public its filing for a US stock market listing, setting the stage for what is expected to be the world’s bigg...

SalesForce CRM

Salesforce raises annual revenue, profit outlook

Salesforce.com Inc raised its full-year forecast for revenue as well as profit, and reported quarterly revenue that beat analysts’ estimates, following increased demand for i...

Platform News: GameStop

GameStop jumps more than 16% as ‘meme’ stocks roar higher

Shares of GameStop soared 16.3% on Tuesday after hitting their highest level since late March, and other so-called “meme” stocks also rallied as investors shifted back ...

Platform News: Wall Street in New York

Tech selloff in focus as Nasdaq falls away from record highs

Wall Street’s main indexes tumbled on Tuesday, with the Nasdaq opening down 2% before steadying a bit, as technology-related stocks with lofty valuations extended losses amid...

Roblox

Roblox reveals bookings surge in first post-debut report

Roblox Corp trounced quarterly bookings estimates in its first earnings report since a blockbuster debut as the US gaming company benefited from a surge in spending by kids stuck a...

Platform News: Chipmakers Chip Semiconductors from Intel

Wall Street sees long road ahead as Intel seeks to regain market share

Intel Corp’s shares fell 7% on Friday as Wall Street analysts raised concerns about how soon the chipmaker can close the gap with rivals as it spends billions of dollars to i...

Platform News: International Business Machines, IBM

IBM returns to sales growth after a year of declines on cloud strength

IBM returned to sales growth in the first quarter after a year of declines and beat Wall Street targets on Monday, boosted by its bets in the high-margin cloud computing business.

Platform News: Wall Street in New York

Shares in companies linked to non-fungible tokens (NFT’s) surge

Shares in some companies linked to non-fungible tokens , a type of digital asset that is authenticated by blockchain spiked higher, benefiting from their status as the latest hot t...

Platform Economy: Goldman Sachs investment app, Marcus is launched

Goldman Sachs unveils Marcus Invest robo-adviser in consumer push

Goldman Sachs is launching an automated wealth-management platform to invest customer funds across managed portfolios made up of exchange trade funds for stocks and bonds, the lead...

Platform News: A visualisation of Bitcoin, digital currency and cryptocurrency

Boom: with more mainstream acceptance Bitcoin tops $50,000

Bitcoin headed above $50,000 for the first time ever today, adding steam to a rally fuelled by signs that the world’s most notable crypto is gaining acceptance among mainstre...

Platform News: GameStop

GameStop: Wall Street versus the people of Reddit

On three hours of sleep and with no time to eat, one New York-based hedge fund manager overseeing billions in assets called last week the most stressful of his life.

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