The restructuring is expected to cost between $350 million to $750 million, including severance, lease terminations, and other expenses.
Investing doesn't have to be complicated. Sure, you can research stocks in-depth and buy potential winners. Many investors do and make a lot of money over the long run. However, you can also take a much...
CAVA CEO says the results demonstrated the strength of the company’s Mediterranean category-defining brand and the broad appeal of its unique value proposition.
Rumble CEO Chris Pavlovski expects corporate and government interest in Rumble’s cloud services to accelerate with President-elect Donald Trump’s return to the White House.
Over the past year, GME’s following on Stocktwits has increased by 16%, while message volume surged over 1,110%, driven largely by the return of influential trader Keith Gill aka "Roaring Kitty".
Winning all seven swing states and a decisive majority in the 2024 election, Donald Trump secured a second tenure as the 47th President of the United States. The election results prompted a positive market...
The Russell 2000 Index, which tracks US small-cap companies, rose about 6% to near-record highs and recorded the largest single-day gain in two years. The astounding surge came in the wake of Donald Trump’s...
CEO Josh Charlesworth expressed optimism about the company’s streamlined approach, emphasizing a focus on profitable U.S. expansion and a franchise-centered model.
The company reported commute rides surpassing pre-pandemic levels and projected further expansion in Canada.
Guggenheim analyst Ronald Jewsikow lowered the target from $21 to $18 while maintaining a ‘Buy’ rating, citing Rivian’s supplier issues