drops
- Business
‘We’re winning.’ Inflation drops to 4% next week with ‘FOUR interest rate cut…
Inflation is on the run after falling to 4.6 percent in October, more than half its October 2022 peak of…
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AT&T chooses Ericsson to modernize its wireless network with an architecture utilizing open standards, a nearly $14B project over five years; Nokia drops ~5% (Bloomberg)
Bloomberg: AT&T chooses Ericsson to modernize its wireless network with an architecture utilizing open standards, a nearly $14B project over…
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Paris-based Ubisoft's stock drops ~15% after the company slashed its forecasts, reported "markedly and surprisingly slower" holiday sales, and delayed games (Tim Bradshaw/Financial Times)
Tim Bradshaw / Financial Times: Paris-based Ubisoft’s stock drops ~15% after the company slashed its forecasts, reported “markedly and surprisingly…
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Solana drops 10%+ to around $10, as bitcoin and ether saw modest declines, over concerns that large holders could offload the token; SOL is down 94% in 2022 (Sidhartha Shukla/Bloomberg)
Sidhartha Shukla / Bloomberg: Solana drops 10%+ to around $10, as bitcoin and ether saw modest declines, over concerns that…
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Roblox reports November bookings up 5%-7% to $222M-$225M, far below 22% to 25% company estimates, and average bookings per DAU down 7%-9%; the stock drops 16%+ (Sofia Pitt/CNBC)
Sofia Pitt / CNBC: Roblox reports November bookings up 5%-7% to $222M-$225M, far below 22% to 25% company estimates, and…
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Five agency executives say Netflix is delivering ~80% of the expected audience for its ad-supported tier and releasing unspent ad money; stock drops 6%+ (Tim Peterson/Digiday)
Tim Peterson / Digiday: Five agency executives say Netflix is delivering ~80% of the expected audience for its ad-supported tier…
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Sources: Checkout.com, which offers payment processing tools, drops its internal valuation to ~$11B, after securing a $40B investor valuation in January 2022 (Ivan Levingston/Financial Times)
Ivan Levingston / Financial Times: Sources: Checkout.com, which offers payment processing tools, drops its internal valuation to ~$11B, after securing…
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SoftBank-backed Indian e-commerce firm Snapdeal drops its $152M IPO plans, after filing in December 2021, amid a tech stock rout (Reuters)
Reuters: SoftBank-backed Indian e-commerce firm Snapdeal drops its $152M IPO plans, after filing in December 2021, amid a tech stock…
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