December 15, 2022 | Daily Business Review
Fallen FAANGs, Nasdaq Wipeout Mark 2022 for Tech StocksSurging inflation and interest rates have eroded the favorable conditions that contributed to tech's yearslong advance, raising the prospect of recession in 2023.
By Subrat Patnaik and Ryan Vlastelica
5 minute read
October 11, 2022 | Daily Business Review
Chipmaker Earnings Estimates Fall at Fastest Pace Since 2008Having gone from boom to bust in less than a year, the semiconductor industry now is bracing for a storm that's expected to hit everyone.
By Subrat Patnaik and Michael Msika
3 minute read
October 05, 2022 | Daily Business Review
Microsoft's Turn Is Coming in Stock Battle With AppleMuch of Microsoft's almost $200 billion of annual revenue comes from providing essential software and services to businesses.
By Subrat Patnaik
3 minute read
August 22, 2022 | Daily Business Review
Bed Bath & Beyond Leads Rout in Meme Stocks as Mania FizzlesBed Bath & Beyond Inc. tumbled 14% after a report some suppliers were restricting or halting shipments altogether after the company fell behind on payments.
By Bailey Lipschultz and Subrat Patnaik
3 minute read
August 15, 2022 | Daily Business Review
T-Mobile Surprises as Tech Winner in Tough Stock MarketMobile-phone carrier T-Mobile US's stock has jumped 26% and is flirting with an all-time high.
By Subrat Patnaik
3 minute read
June 15, 2022 | Daily Business Review
Apple's $2 Trillion Market Valuation on Shaky GroundAfter briefly surpassing $3 trillion in January, Apple has lost more than $800 billion in capitalization as tech stocks plunged.
By Subrat Patnaik
3 minute read
June 09, 2022 | Daily Business Review
As Meta Ditches FB Ticker, Investors Shun MetaverseWall Street is pounding the table on the next big thing in technology, predicting the metaverse could be a $13 trillion industry by the end of the…
By Subrat Patnaik
4 minute read
May 24, 2022 | Daily Business Review
Social Media Stocks Set to Erase $100 Billion on Snap WarningSnap and platforms such as Facebook and Google are competing for advertising dollars at a challenging time.
By Subrat Patnaik and Thyagaraju Adinarayan
3 minute read
April 13, 2022 | Daily Business Review
Airbnb's 135% Rally Takes IPO Crown With Room to RunAirbnb's revenue grew to $1.53 billion in the fourth quarter, as people spread out over thousands of towns and cities with workers no longer having to be in traditional offices five days a week.
By Subrat Patnaik and Ryan Vlastelica
3 minute read
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