Shares

Disney Lays Off 7,000 Staff Despite First Quarter Revenue Beating Estimates; Shares Rise
February 9, 2023
Walt Disney Co said on Wednesday it would lay off 7,000 employees as it tries to trim costs amid souring economic conditions. The job cuts, announced by CEO Bob...
SoftBank Shares Plummet 12% as Vision Fund Loses $10 Billion in Third Quarter
November 14, 2022
Twitter rolls back $8 Blue service days after launch; users flummoxed SoftBank shares plummeted 12 percent on Monday, after its tech investment vehicle reported a steep quarterly loss and...
Netflix Shares Zoom as Subscription Outlook Turns Healthy; Q3 Earnings Top Estimates at $7.9 Billion
October 19, 2022
Guinness Records names Monday worst day of week; Netizens can relate Streaming giant Netflix reversed a series of setbacks, with the shares zooming 14 percent on Tuesday, spurred on...