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News: Companies

In this section, we delve into the dynamic corporate world, bringing you the most recent updates from global companies. Our coverage spans a broad spectrum, encapsulating latest quarterly results, unveiling of new products, corporate amalgamations, and acquisitions. We also keep you informed on changes in analyst ratings, adjustments in price targets, submissions to regulatory bodies, and acquisition of new licenses, amidst a host of other significant business events.

Netflix Stock Had Its Worst Day in Nearly 2 Decades. Wall Street Is Saying

Netflix Stock Had Its Worst Day in Nearly 2 Decades. What Wall Street Is Saying Netflix lost 200,000 customers in the third quarter, falling far short of its target of 2.5 million net additions. The streaming platform would have gained 500,000 customers if it had not lost 700,000 Russian subscribers. The business expects to lose 2 million net users in the June quarter.

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Alibaba, Bilibili, and China Tech Stocks Slide on Live Streaming Crackdown.

Alibaba, Bilibili, and China Tech Stocks Slide on Live Streaming Crackdown Chinese technology stocks fell in Hong Kong on Tuesday as a result of Beijing's tougher rules on the country's live streaming industry, as well as fears over DiDi Global's anticipated delisting in the United States.

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Chip Makers to EV Production What is New in Crypto and Stock Market

Morning Brief: From Chip Makers to EV Production & What is New in Crypto and Stock Market so Far On Monday, bitcoin fell to slightly around $39,000, reaching one-month lows, while ether fell below $3,000 as risky assets such as cryptocurrencies continued under pressure from global central banks' plans to tighten monetary policy.

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Microsoft Is Building An Ad Program That Will Let Brands Advertise In Xbox Games

Microsoft Is Building An Ad Program That Will Let Brands Advertise In Xbox Games These initiatives have not been confirmed by Microsoft. "We are continuously searching for solutions to enhance the experience for gamers and developers, but we don't have much else to say," a spokesman commented.

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Goldman Sachs, Morgan Stanley To Lead Intel's Mobileye IPO — Sources

Goldman Sachs, Morgan Stanley To Lead Intel’s Mobileye IPO — Sources The share market offering, which is scheduled to begin later in 2022, may value Mobileye at up to $50 billion, according to the insiders, who cautioned that the timeframe, pricing, and scale of the IPO are dependent on market dynamics.

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Insider News: KKR To List Japan's Kokusai Electric As Early As June, Sources Say

Insider News: KKR To List Japan’s Kokusai Electric As Early As June, Sources Say According to Refinitiv figures, this would make it the largest business to list in Tokyo since SoftBank Group Corp floated its telecommunication subsidiary with a market valuation of 7.2 trillion yen in late 2018.

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Walmart's Flipkart Raises IPO Valuation Target To $60-70 Bln, Eyes 2023

Walmart’s Flipkart Raises IPO Valuation Target To $60-70 Bln, Eyes 2023 Listing-Sources A couple of individuals knowledgeable about the matter said that Flipkart, Walmart's Indian e-commerce subsidiary, had increased the valuation of its United States IPO by about a third. Discover

The Key to Surviving Inflation is ‘Pricing Power.’ These Companies Have It in Spades

The Key to Surviving Inflation is ‘Pricing Power.’ These Companies Have It in Spades Finally, businesses may increase their profit margins by being more efficient and productive, or by taking advantage of economies of scale. This reduces the cost of items sold per unit produced while increasing profits without boosting pricing.

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Morning Brief: From Gasoline, Gas, NFT to Alibaba: What is Happening in the World so Far

Morning Brief: From Gasoline, Gas, NFT to Alibaba: What is Happening in the World so Far Last year, non-fungible tokens, or NFTs, grabbed the globe by storm as investors witnessed a revolutionary sort of digital asset — typically artwork — changing hands for hundreds of thousands, if not millions, of dollars.

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Expert Opinion: China’s Revised Delisting Rule Boosts Alibaba and Other Stocks

Expert Opinion: China’s Revised Delisting Rule Boosts Alibaba and Other Stocks The Public Company Accounting Oversight Board (PCAOB) stated last week in a statement that it is continuing to communicate with Chinese authorities, but that its request for full access to relevant audit documents, especially from businesses in sensitive areas, is non-negotiable.

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Insider News: Apple Working To Bring More Financial Services In-House

Insider News: Apple Working To Bring More Financial Services In-House A multi-year plan would centralize a wide variety of financial features, according to the sources, who requested anonymity because the plans are not public. This comprises payment processing, credit risk assessment, fraud analysis, and extra customer support responsibilities such as dispute resolution.

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Insider News: Amazon Has Been Secretly Testing Its Drone-Delivery Program And Plans To Drop Packages From The Sky

Insider News: Amazon Has Been Secretly Testing Its Drone-Delivery Program And Plans To Drop Packages From The Sky However, according to industry sources, those objectives might yet alter since Prime Air has been extremely slow to start due to regulation obstacles, turnover rates, and safety risks. Because individuals feared punishment from Amazon, these employees wished to remain anonymous.

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Insider News: Leaked Slack Messages Show Shopify Plans To Address Pay And Attrition Woes

Insider News: Leaked Slack Messages Show Shopify Plans To Address Pay And Attrition Woes Shopify workers were informed on Tuesday that Thawar would make a statement on payments soon, and the matter would be addressed in an upcoming town hall. An attempt to reach a Shopify spokesperson for comment on this development was unsuccessful.

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Insider News: China's E-Commerce Giant JD.Com Is Reportedly Laying Off At Least 400 Workers, Adding To Massive Layoffs Seen At Other Major Chinese Tech Firms Like Alibaba And Tencent

Insider News: China’s E-Commerce Giant JD.Com Is Reportedly Laying Off At Least 400 Workers, Adding To Massive Layoffs Seen At Other Major Chinese Tech Firms Like Alibaba And Tencent JD.com's announcement came after claims that Alibaba, another e-commerce behemoth, was also contemplating cutting off at least 15% of its workforce in 2022. This would result in the loss of almost 39,000 employment, Reuters said, referencing anonymous individuals.

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LP Morning Brief — 07 March

LP Morning Brief — 07 March Bitcoin and other cryptocurrencies fell on Monday, with the world's largest cryptocurrency falling below $40,000, as investors abandoned risk assets in the face of Ukraine-related turmoil. Discover

Apple Stock Has Had A Tough Year. That Could Soon Change

Apple Stock Has Had A Tough Year. That Could Soon Change Real rates are the yields on bonds — such as the benchmark 10-year US Treasury note — that have been discounted for the effect of inflation. And they have been declining, as have unadjusted bond rates.

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