MicroStrategy, the largest corporate bitcoin holder, to raise more than $40 billion to buy more bitcoin
The plan is to use the additional capital ‘to buy more bitcoin as a treasury reserve asset,’ the company says.
Robinhood earnings disappoint Wall Street despite company’s upward trajectory
The online brokerage’s third-quarter earnings missed analyst forecasts for both revenue and earnings per share.
Ex-FTX Executive Nishad Singh sentenced to time served after guilty plea
Nishad Singh has been sentenced to time served and three years of supervised release. The judge noted Singh’s limited involvement compared to other FTX executives....
DoorDash keeps investing in expansion, as more consumers use platform in third quarter
DoorDash Inc. on Wednesday reported third-quarter results and a fourth-quarter demand outlook that topped expectations, as the company continues to invest in expansion and improving...
Carvana’s stock soars 20% as used-car retailer calls for better times ahead
Online used-car platform blows past Wall Street expectations for its third quarter.
Roku’s stock falls after streaming company posts another quarterly loss
Roku Inc.’s stock fell in after-hours trade Wednesday, after the streaming platform posted another quarterly loss and flat average revenue per user.
Starbucks says latest results ‘do not reflect the strength of our brand,’ as profit falls
Starbucks Corp. on Wednesday said its latest quarterly results “do not reflect the strength of our brand,” and said it needed to make fundamental changes...
Companies are increasingly talking about tariffs as Election Day nears
Republican presidential nominee Donald Trump described “tariff” as his favorite word earlier this month, and it’s increasingly a word that’s coming up in S&P 500...
Why ‘Trump trades’ and ‘Harris trades’ could be just regular stock-market bets
Here’s what the S&P 500 sectors are really saying about their presidential election preference.