Tag: shares

SAS files for bankruptcy protection in the US

SAS files for bankruptcy protection in the US

SAS had to file for bankruptcy protection in order to reduce its debts and restructure. This was after a strike by more than 1,000 pilots.
Uniper shares weaken significantly after negative news

Uniper shares weaken significantly after negative news

German gas giant Uniper SE is reportedly in talks with the government over a possible rescue package of up to 9 billion euros ($9.4 billion).
General Motors is facing a major chip shortage

General Motors is facing a major chip shortage

GM was unable to deliver nearly 100,000 vehicles in the second quarter because it was short of chips and other parts.
Gazprom shares fall after dividend cancellation

Gazprom shares fall after dividend cancellation

Gazprom has lost more than a quarter of its market value after the state-owned company decided not to pay dividends to its shareholders.
Michael Saylor buys the dip

Michael Saylor buys the dip

MicroStrategy announced that it has purchased 480 bitcoins for approximately $10 million in the last 2 months.
Netflix announced another round of staff layoffs

Netflix announced another round of staff layoffs

Netflix has already laid off 150 employees in May and it looks like it's still not over. Now it has announced the layoff of 300 more.
Toyota unveils another production cut

Toyota unveils another production cut

Toyota has lowered its July production outlook and announced that it will produce 50,000 fewer cars in July.
Will Zoom grow by more than 1200% by 2026?

Will Zoom grow by more than 1200% by 2026?

Zoom was one of the hottest stocks during the covid pandemic. After the release it's still falling. However, Cathie Wood sees huge potential.
AT&T and Verizon postpone the use of some 5G bands

AT&T and Verizon postpone the use of some 5G bands

The FAA announced that Verizon Communications and AT&T have agreed to delay the use of certain 5G bands until July 2023.
Ferrari on the road to electromobility

Ferrari on the road to electromobility

Ferrari is venturing into electromobility. The Italian automaker expects fully electric cars to account for 40% of its sales by 2030.