Peloton Shares Rally on Takeover Rumors
Peloton (PTON) shares trading 21% higher at 29.83 after rumours that Nike and Amazon (AMZN) approached the company for a potential deal.
Apple (AAPL) Earnings
Apple (AAPL), posted fiscal Q1 sales of $123.95 billion, up from its prior quarterly revenue record of $111.44 billion achieved the previous year. It is the first time AAPL has surpassed $30 billion in earnings for a three-month period.
Robinhood (HOOD) Earnings
Robinhood (HOOD) reported Q1 revenue of $340 million, down 35% compared to 2021. The analyst’s consensus estimate was for $448.2 million in revenue for the first quarter.
Oregon Lottery and DraftKings Join Forces to Launch Online Sports Betting
Following the successful launch of its top-rated online sportsbook in New York last week, DraftKings Inc. (Nasdaq: DKNG) today announced that it will become the official sportsbook provider of the Oregon Lottery.
Here is Why Gamestop (GME) is down 8%
Gamestop shares are 8.42% lower at 158.99 after the company reported the third-quarter earnings that disappointed investors. GameStop reported losses of $1.39/share in the third quarter. The analysts’ estimate was for a loss of $0.52 per share.
Here is Why Roku Jumps Today
Roku stock extends gains in midsession adding over 14% at 248.91. The news that the company will extend the agreement with YouTube and YouTube TV attracted traders’ and investors’ attention.
Tesla (TSLA) Next Price Target
Tesla is giving up more than 4% today as the selloff in technology continues with Nasdaq down almost 1.70%. The S&P 500 is down 1% at 4529 while Dow Jones is 0.60% lower at 34412
Berkshire Hathaway’s Munger wishes crypto had never been invented
Today’s stock market is “crazier than the dotcom bubble,” Berkshire Hathaway (BRKA) vice chairman C. Munger
Elon Musk sold 687 million in Tesla (TSLA) stock
Elon Musk the CEO of Tesla sold 639,737 shares in the Tesla stock, yesterday according to filings made public today
AMC begins accepting Cryptocurrencies
Adam Aron, the chief executive of AMC Entertainment (AMC) announced in a tweet that his company accepts officially Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), and Bitcoin Cash
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