Earnings Results: Ambarella stock drops nearly 15% on weak outlook
Ambarella shares fell after hours Tuesday after the video component maker’s outlook fell short of expectations despite a better-than-feared quarterly loss.
Jeff Reeves’s Strength in Numbers: Why Alphabet is a better bet than Meta Platforms if you’re investing in AI
Meta shares have soared, but a closer look reveals Alphabet may be the stock that really hits its stride this summer.
: Treasury yields jump as traders assess latest comments from Fed’s Waller
Yields on 1-year through 30-year Treasurys jumped Wednesday afternoon as traders assessed comments from Federal Reserve Gov. Christopher Waller, which were interpreted as being hawkish....
: Gold futures down a third straight session
Gold futures tallied a third consecutive session decline on Wednesday to settle at their lowest in nearly a week. Strength in the U.S. dollar pressured...
: Avid Tech stock jumps more than 15% on report of exploring potential sale
Shares of video and audio editing software maker Avid Technology Inc. AVID jumped Wednesday following a report the company has hired Goldman Sachs to explore...
Bybit announces exit from the Canadian market
Bybit will not accept new account applications from Canadian residents and nationals as from 31 May. Existing customers have until 31 July and thereafter they...
: Nasdaq closes at highest level in nearly 10 months as stocks pare early gains
The S&P 500 finished unchanged on Tuesday after unwinding gains from earlier in the session, but that didn’t stop the Nasdaq Composite from clinching its...
: Julia Brau Donnelly to become Pinterest’s new CFO
Pinterest Inc. PINS on Tuesday said that Julia Brau Donnelly will become the image and idea-sharing platform’s new chief financial officer on June 20. She...
: Ambarella stock drops more than 10% on weak outlook
Ambarella Inc. shares AMBA fell in the extended session Tuesday after the video component maker’s outlook fell short of expectations despite a better-than-feared loss on...