Zoom CEO Makes Big Transfer

Zoom Video Communications Inc. founder Eric Yuan transferred roughly 40% of his ownership in the company he runs, a stake valued at about $6 billion, after Zoom’s shares more than tripled last year. The transaction […]

By |2021-03-09T10:30:46-05:00March 9, 2021|Articles|Comments Off on Zoom CEO Makes Big Transfer

Qualcomm Earnings Mixed

Qualcomm Inc. parlayed the global 5G rollout and Apple Inc.’s inclusion of its chips in the iPhones models into an earnings jump that failed to satisfy investors betting phone-chip sales would be even higher. The […]

By |2021-02-04T10:24:41-05:00February 4, 2021|Articles|Comments Off on Qualcomm Earnings Mixed

DoorDash IPO

DoorDash, the food delivery provider that is seen a surge in demand during the coronavirus pandemic, sold shares in its IPO at $102 apiece, pricing above its range, according to people familiar with the matter. […]

By |2020-12-09T11:26:47-05:00December 9, 2020|Articles|Comments Off on DoorDash IPO

Qualcomm 5G Sales Taking Off

Mobile-phone chip-making giant Qualcomm Inc. expects a surge in smartphones sales next year as consumers flock to 5G-capable devices such as Apple Inc.’s new iPhone 12 that helped lift its latest results. Qualcomm, a leading […]

By |2020-11-05T09:06:36-05:00November 5, 2020|Articles|Comments Off on Qualcomm 5G Sales Taking Off

Tesla Posts Record Profit

Tesla reported by far its best quarterly profit Wednesday and said it still hopes to hit its target of half a million car sales this year. The strong results and ambitious goal were good news […]

By |2020-10-22T10:02:04-04:00October 22, 2020|Articles|Comments Off on Tesla Posts Record Profit

AMC’s Cash Problem

AMC, the largest cinema chain in the U.S., warned investors on Tuesday is in danger of running out of cash by early 2021. Shares of the company tanked by 7.8% in early trading Tuesday. AMC’s […]

By |2020-10-14T09:35:25-04:00October 14, 2020|Articles|Comments Off on AMC’s Cash Problem

Snowflake Soars in IPO

Snowflake Inc.’s shares skyrocketed on their first day of trading, giving the biggest tech IPO of the year a market value of $70.4 billion and feeding the recent bout of enthusiasm around initial public offerings.

Shares […]

By |2020-09-17T09:59:21-04:00September 17, 2020|Articles|Comments Off on Snowflake Soars in IPO