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May 24, 2022

losses

Oil rebounds from two days of losses in volatile trade

Reuters
Workers walk as oil pumps are seen in the background in the Uzen oil and gas field in the Mangistau Region of Kazakhstan November 13, 2021. REUTERS/Pavel Mikheyev Register now for FREE unlimited access to Reuters.com Register Europe still weighing ban on imports from Russia U.S. dollar backs off recent......

Netflix lays off 150 employees as the streaming service contends with big subscriber losses

CNBC
CNBC – For more and to sign up click here Netflix is laying off around 150 employees across the company, CNBC confirmed Tuesday. The eliminated positions represent less than 2% of the streamer’s 11,000 staffers, with most of the cuts happening in the U.S. “As we explained on earnings, our......

Asian shares trim weekly losses, dollar steady near 20-year highs

Reuters
A man holding an umbrella looks at an electronic stock quotation board outside a brokerage in Tokyo April 7, 2015. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register MSCI Asia ex-Japan +1.5%, Nikkei +2.61% Shares set for second week of losses on inflation, tightening worries Dollar remains......

Roblox expects losses for ‘foreseeable future’ as pandemic demand wanes

Reuters
A child looks back at a banner for Roblox, displayed to celebrate the company’s IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, U.S., March 10, 2021. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register May 10 (Reuters) – Roblox Corp......

Indian shares muted as losses in metal stocks offset auto gains

Reuters
A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, February 26, 2016. REUTERS/Shailesh Andrade Register now for FREE unlimited access to Reuters.com Register BENGALURU, May 10 (Reuters) – Indian shares were subdued on Tuesday, with losses in metal and energy stocks countering......

European stocks hit 2-month lows on mining, tech losses

Reuters
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, May 5, 2022. REUTERS/Staff Register now for FREE unlimited access to Reuters.com Register PostNL slumps after cutting FY forecast European tech shares hit Dec 2020 lows Miners lead morning losses on China worries May......

Bitcoin drops below $35,000 over the weekend, extending Friday’s losses

CNBC
CNBC – For more and to sign up click here Bitcoin is a volatile asset, and has been known to swing more than 10% higher or lower in a single day. Jakub Porzycki | Nurphoto | Getty Images Bitcoin continued to slide after a broader stock sell-off in the U.S.......

Sweetgreen losses widen despite 67% jump in quarterly sales

CNBC
CNBC – For more and to sign up click here A Sweetgreen banner on the NYSE, November 18, 2021. Source: NYSE Sweetgreen on Thursday reported widening losses for its first quarter, but sales jumped 67% as workers returned to their offices and resumed their old lunchtime routines. Shares of the......

Book: Mickelson had $40M+ in gambling losses

ESPN
Federal auditors investigating Phil Mickelson‘s role in an insider trading scheme found his gambling losses totaled more than $40 million from 2010 to 2014, according to an excerpt from Alan Shipnuck’s forthcoming biography. Shipnuck posted the excerpt on his “Firepit Collective” site Thursday. His unauthorized biography on Mickelson is to......

Indian shares extend losses with U.S. Fed meet in focus

Reuters
A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, February 26, 2016. REUTERS/Shailesh Andrade Register now for FREE unlimited access to Reuters.com Register BENGALURU, May 2 (Reuters) – Indian shares kicked off May on a tepid note, with losses seen across the......

Robinhood shares fall as losses widen on shrinking revenue, fewer active users

CNBC
CNBC – For more and to sign up click here Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., attends his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021. Brendan McDermid | Reuters Retail brokerage firm Robinhood released its first-quarter results......

Stock futures are mixed as investors consider Tuesday’s sharp losses, earnings reports

CNBC
CNBC – For more and to sign up click here U.S. stock futures were mixed on Tuesday night after the major averages continued their April sell-off amid concerns of an economic slowdown, and Wall Street considered earnings that came in after the bell. Dow Jones Industrial Average futures rose 65......

Greater Chinese markets lead losses with Shenzhen stocks falling 6%; oil slides 3%

CNBC
CNBC – For more and to sign up click here SINGAPORE — Mainland Chinese indexes led losses as Asia-Pacific markets fell sharply on Monday following a sell-off on Wall Street on Friday. The Shenzhen component tumbled 6.08% to 10,379.28 while the Shanghai composite declined 5.13% to 2,928.51. “It’s no surprise and it......

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