Zscaler, Inc. (NASDAQ:ZS) Q4 2020 Earnings Call Highlights Jay Chaudhry, CEO “…In Q4, we delivered growth of 46% in revenue, and 55% in billings, reflecting the increased momentum in our business as […]
(Bloomberg) — JPMorgan Chase & Co. is moving about 200 billion euros ($230 billion) from the U.K. to Frankfurt as a result of Britain’s exit from the European Union, a shift that will make it one of the largest banks in Germany.The U.S. bank plans to finish the migration of the assets to its Frankfurt-based subsidiary by the end of the year, people familiar with the matter said. The change could boost its balance sheet enough to become the country’s sixth-largest bank, based on the assets of the biggest commercial lenders last year.A spokeswoman for JPMorgan in Frankfurt declined to …read more […]
Slack Technologies, Inc. (NYSE:WORK) Q2 2021 Earnings Call Highlights Stewart Butterfield, CEO “…Let me start with what I’m most excited about and that’s accelerating growth in new paid customers. This is the […]
Nike’s digital sales grew 82% in the first quarter, underscoring a successful online-first playbook. …read more […]
WATERLOO, ON, Sept. 23, 2020 /CNW/ — BlackBerry Limited (NYSE: BB; TSX: BB) today announced the BlackBerry® AtHoc® Public Safety edition, providing local governments and universities proven capabilities to deliver critical communications directly to the public in an accurate, secure and trusted manner. …read more […]
Investors had expected two big announcements from Chief Executive Officer Elon Musk: the development of a “million mile” battery good for 10 years or more, and a specific cost reduction target – expressed in dollars per kilowatt-hour – that would finally drop the price of an electric vehicle below that of a gasoline car. …read more […]
(Bloomberg) — Tesla Inc.’s highly anticipated “Battery Day” fell short of expectations that helped fuel its $320 billion surge in market value this year, with Elon Musk outlining grandiose goals that will take time to pull off.The chief executive officer laid out a plan Tuesday to build a $25,000 car and cut battery costs in half over the next three years. While the technology and manufacturing breakthroughs outlined were impressive, Robert W. Baird’s Ben Kallo wrote, Tesla’s valuation already reflected its ability to disrupt.“With the Battery Day in the rearview, we think there is a lack of upcoming catalysts and …read more […]
Here’s what Wall Street is saying about Nike’s blowout quarter. …read more […]
Ciena Corporation (NYSE:CIEN) shares have had a horrible month, losing 31% after a relatively good period beforehand… …read more […]
Stock futures ticked higher Tuesday evening, building on the major indices’ regular-session gains in an at least temporary reprieve from September’s selloff so far. …read more […]
This month, we saw the AcelRx Pharmaceuticals, Inc. (NASDAQ:ACRX) up an impressive 39%. Meanwhile over the last three… …read more […]
Did you hear the news?
It’s bad.
Chuck E. Cheese has gone bankrupt.
It turns out it’s tough to convince busloads of families to have some fun eating lousy pizza at an arcade in the midst of a pandemic.
But this tale has an interesting and useful twist.
You see, with $1 billion in debt and no hope in sight, the restaurant chain with a mouse for a logo (we heard management will soon start a hotel business with a bedbug as its mascot) was forced toss up its arms and push aside its debt.
But before the company can clean up its books, it has …read more […]
SMITHS FALLS, ON and NEW YORK, NY, Sept. 23, 2020 /CNW/ – Canopy Growth Corporation (“Canopy Growth”) (TSX: WEED) (NYSE: CGC) and Acreage Holdings, Inc. …read more […]
Top news and what to watch in the markets on Wednesday, September 23, 2020. …read more […]
Medicare’s annual open enrollment period begins Oct.15 and, given COVID-19, financial planners urge people to review their plans. …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
