26/04/2022
Netflix reported worse Q1 2022 results than analysts expected. However, Netflix is considering launching cheaper subscriptions with ads, as well as other measures to improve profitability. Shares of other streaming companies Disney, Roku and Spotify also fell amid Netflix's strong decline.
25/04/2022
Moody's chief economist said the likelihood of a U.S. recession is increasing after Fed Chief Powell announced a 0.5% rate hike at a meeting in May. Market strategists are recommending that investors adjust asset portfolios.
22/04/2022
Tesla (TSLA) shares rose 6 percent in the postmarket Wednesday after the electric car maker reported record higher revenue and earnings for the first quarter of 2022 than Wall Street analysts had predicted. Tesla said the impact of inflation and the factories were "not operating at full capacity."
21/04/2022
Disney (DIS) has announced that by the end of 2022 there will be a more affordable subscription package for its Disney + streaming service with ads in the U.S. Later, the subscription with ads will be expanded to international viewers. This move should bring increased profits.
20/04/2022
Cryptocurrency exchange Coinbase may buy the company that owns Latin America's largest cryptocurrency broker Mercado Bitcoin. Market analysts praise the deal's potential for Coinbase's future.
19/04/2022
Shares of Chinese electric car makers Nio, Li Auto and XPeng have shown a rebound in recent weeks and jumped after the release of March and overall first-quarter 2022 delivery growth data.