Netflix Reports Blowout Q1 Results & Sub Adds, But Warns Gains Will Slow, Will End Reporting Of Quarterly Subs; Stock Slides After suffering a historic collapse at the end of 2021, when in the span of five months Netflix lost 75% of its value, and when Ackman first bought then immediately dump the stock just around the generational bottom, the company has enjoyed a stellar recovery over the past two year when it rose by nearly 300%, from a low of $166 to a recent high of price of...
Apple may have stopped the production of its FineWoven accessories, according to a leaker. The accessories were introduced last year for Apple products, including iPhone 15 and Apple Watch Series 9.
Apple has stopped production of FineWoven accessories, according to the Apple leaker and prototype collector known as "Kosutami." In a post on X (formerly Twitter), Kosutami explained that Apple has stopped production of FineWoven accessories due to its poor durability. The company may move to another non-leather material for its premium accessories in the future. Kosutami has revealed accurate information about FineWoven accessories in the past. The leaker unveiled Apple's plans to...
The Pegula family is putting a minority interest in the Bills up for sale.
The 650,000 barrels per day Dangote Petroleum Refinery is taking advantage of cheaper oil imports from the United States for as much as a third of its feedstock as it starts up production. A report by Bloomberg on Thursday stated that the plant has been shipping products in recent weeks while readying two units to Read More
Envestnet has received interest from private equity firms, including Bain Capital, according to a press report. Shares ended the day up 9% on the news.
"Cost reductions and increased productivity" needed, says Musk.
Hawaiian Electric Industries Inc. is weighing the sale of its American Savings Bank subsidiary, Bloomberg News reported today, citing people familiar with the matter.
Euro Mini Market on Far Gosford Street will remain closed until July
US weapons maker Lockheed Martin on Tuesday reported a near 14% rise in Q1 sales, as simmering geopolitical tensions fuel demand for new weapons.