Fastly Inc (NASDAQ: FSLY) just reported its first profitable year on a non-GAAP basis, triggering what many media reports are framing as a “short squeeze”. In Q4, the cloud-computing company …
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Politics
DEI, climate agenda advanced through progressive-backed lawsuits, new report claims
by adminA new report from Alliance for Consumers (AFC) argues that progressive, often climate-change-related, activism and aligned trial lawyers are increasingly using lawsuits not to win big dollars but big changes. …
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The operator of roughly 180 Eddie Bauer stores across the U.S. and Canada has filed for Chapter 11 bankruptcy protection, blaming declining sales and a litany of other industry headwinds. …
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Jonathan Heath, deputy governor of the Bank of Mexico, questioned the institution’s official outlook and warned that current estimates may be overly optimistic. Heath argued it is unlikely that inflation …
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Cloudflare stock price surged by over 15% in the extended hours after the tech giant released strong financial results and boosted its guidance amid the ongoing AI demand. NET jumped …
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Bernstein analyst Gautam Chhugani “sees no point in turning negative” on Robinhood (NASDAQ: HOOD) even though the company posted weaker-than-expected Q4 revenue today. On Feb. 11, the fintech reported $1.28 …
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Vice President JD Vance warned Iran that there is ‘another option on the table’ if the regime does not make a nuclear deal with the U.S. Vance made the statement …
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Business
Landmark trial accusing social media companies of addicting children to their platforms begins
by adminLOS ANGELES — The world’s biggest social media companies face several landmark trials this year that seek to hold them responsible for harms to children who use their platforms. Opening …
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Business
Commodity wrap: bullion falls ahead of key data; oil up on supply disruptions fear
by adminGold and silver prices were in the red on Tuesday as investors remained on the edge before the release of a string of key US economic data. Over the past …
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Shopify stock price has suffered a sharp reversal this year, moving from a high of $182 in October last year to the current $118. This article explores what to expect …