Stocks

Stocks are a type of security that gives stockholders a share of ownership in a company. Stocks also are called “equities.”

Source: investor.gov

FIS Aims to Cut ‘Several Thousand’ Jobs to Restore Investor Confidence
FIS Aims to Cut ‘Several Thousand’ Jobs to Restore Investor Confidence
November 22, 2022  |  Personnel

Financial services technology provider FIS reportedly plans to cut “several thousand” staffers and contractors from a workforce that numbered about 65,000 at the end of...

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LatAm’s dLocal Shares Drop 50% After Muddy Waters Questions Disclosures
LatAm’s dLocal Shares Drop 50% After Muddy Waters Questions Disclosures
November 16, 2022  |  Markets

Muddy Waters Capital has unveiled a short of Uruguay-based, U.S.-listed payments company dLocal Ltd. (DLO) in a report that drew a swift response from the...

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Amazon Tightens Belt as World Waits on Inflation Response and Walmart Q3
Amazon Tightens Belt as World Waits on Inflation Response and Walmart Q3
November 11, 2022  |  Retail

It has been a great couple of days for Amazon investors as cooling inflation data triggered a bounce in its sagging stock that hadn’t been...

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Slowdown in eCommerce Contributes to Amazon Losing $1T in Market Value
Slowdown in eCommerce Contributes to Amazon Losing $1T in Market Value
November 09, 2022  |  Amazon

In an environment of falling values of stocks in the tech and growth sectors and economy-wide fears of a recession, Amazon has reportedly become the...

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Report: Tiger Global Cuts Tech Investments by Billions of Dollars
Report: Tiger Global Cuts Tech Investments by Billions of Dollars
November 09, 2022  |  Investments

As declining technology stocks have hacked the value of investor Tiger Global Management’s public stocks this year, the company has also slashed the value of...

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Zuckerberg Doubles-Down on Costly Metaverse Bet as Stock Slumps to 7-Year Low
Zuckerberg Doubles-Down on Costly Metaverse Bet as Stock Slumps to 7-Year Low
October 26, 2022  |  Meta

Another quarter, another huge earnings miss, another massive profit slide, and another nearly 20% drop in Meta’s share price. And there’s the metaverse right in...

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CE100 Index Led Higher by Peloton’s 25% Surge
CE100 Index Led Higher by Peloton’s 25% Surge
October 10, 2022  |  Connected Economy

The whipsaw action in the stock market feels a bit more like whiplash. A brief few days of rallies, and then a plummet — and...

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FinTech IPO Index Flat as Billtrust Surges on Go-Private Deal
FinTech IPO Index Flat as Billtrust Surges on Go-Private Deal
September 29, 2022  |  IPO

Tech stocks have had a reckoning in the past several days — a rally proved short lived, a blip. But the FinTech IPO Index managed...

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Walmart to Delist Africa’s Massmart in Deal to Buy Out Retailer
Walmart to Delist Africa’s Massmart in Deal to Buy Out Retailer
August 29, 2022  |  Acquisitions

Walmart has struck a deal to fully acquire Massmart and purchase the shares it doesn’t already own for 62 rand ($3.65) each, with the deal...

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