Airbnb forecasts weaker Q2 revenue despite robust demand for international travel
Daily Trader Insights (This May 8 story has been corrected to clarify that nights and experiences booked rose...
Daily Trader Insights
Robinhood’s crypto business drives massive earnings beat
By Sri Hari N S and Niket Nishant (Reuters) -Online brokerage Robinhood Markets beat estimates...
GM to end production of Chevy Malibu as it shifts to EVs
By David Shepardson (Reuters) -General Motors said Wednesday it will end production of its gasoline-powered...
Shopify’s downbeat revenue growth forecast sends shares to six-month low
By Harshita Mary Varghese (Reuters) – Canadian e-commerce platform Shopify forecast its slowest quarterly revenue...
Lyft forecasts strong quarterly earnings as ride-hailing demand picks up
By Yuvraj Malik (Reuters) -Ride-hailing company Lyft projected higher-than-expected gross bookings and core profit for...
Reddit’s strong forecasts spark share surge after first results since IPO
By Aditya Soni (Reuters) -Reddit said it could post an adjusted profit in the second...
Meta to expand AI image generation offerings for ads
NEW YORK (Reuters) – Meta Platforms, the parent company of Facebook and Instagram, said on...
Inflation “settling” high could pose new risks for the Fed, economy
By Howard Schneider WASHINGTON (Reuters) -Inflation lodged above the U.S. Federal Reserve’s 2% target could...
Wozniak’s space firm, Privateer, buys Orbital Insight, raises $56.5 million
(This May 6 story has been corrected to fix the spelling of BOKA Group and...
Robinhood Crypto gets Wells notice from US SEC
(Reuters) -Retail trading platform Robinhood Markets said on Monday it received an enforcement action notice...