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GAMESTOP JOB CUTS
US stock market today: Why Dow Jones is down while S&P 500 and Nasdaq rise today — Dow crashes over 160 points as oil surges above $100 and Iran tensions rattle blue-chip stocksUS stock market today shows a sharp split. The Dow Jones Industrial Average falls over 160 points. Oil prices surge above $100. Iran tensio...- Markets on edge: Fed’s big decision could make or break a year-end ‘Santa Rally’Fed Rate Cut Decision: Stocks sit near record highs as the S&P 500 hovers just under 6,900 while markets brace for Wednesday’s Fed decision...
- 1,300% rally in 4 days! Wall Street gets new meme stock to rekindle GameStop memoriesBeyond Meat shares soared over 1,300% in four days, driven by a social media frenzy reminiscent of GameStop. The rally followed Walmart’s e...
- U.S. stocks surge to record highs: Dow, S&P 500, Nasdaq hit all-time highs on AI momentumU.S. stock market surged to record highs on Friday. The Dow, S&P 500, and Nasdaq all hit all-time highs. Investors are riding strong moment...
- US stock futures rise as Nasdaq hits record, S&P 500 and Dow climb, Fed rate cut bets build while Apple’s iPhone 17 event takes center stageUS stock futures edged higher Tuesday morning, extending Monday’s tech-fueled rally that sent the Nasdaq Composite to a record close. Inves...
- Tame US inflation boosts S&P 500, Nasdaq rallies above 20,000Wall Street's S&P 500 and tech-heavy Nasdaq rose on Wednesday, with the Nasdaq crossing 20,000 for the first time, fueled by a U.S. inflati...
- 96% chances of 25 basis point US Fed rate cut. What is fueling high expectations from US Federal Reserve?US Federal Reserve rate cut will be announced next week. Predictions are out now.
- US stocks advance as inflation data cements December rate-cut hopesWall Street's main indexes climbed on Wednesday following an in-line inflation report, bolstering expectations of a Federal Reserve interes...
- US stocks close slightly lower; jobs data strong but rates still highWall Street stocks ended slightly lower on Friday after strong U.S. jobs data raised concerns about the Federal Reserve's stance on interes...
- S&P hits new 52-week high; Dow, Nasdaq set for weekly gains after mixed dataThe Labor Department's closely watched Nonfarm Payrolls report showed the economy added 272,000 jobs in May, far more than expected, while ...
- Wall Street drifts to mixed finish after the latest signal of a slowing economyU.S. stocks mixed as economy slows. S&P 500 up 0.1%. Dow down 0.3%. Nasdaq up 0.6%. Manufacturing shrinks, affecting Treasury yields. Compa...
- GameStop soars 70% after flag bearer 'Roaring Kitty' resurfaces with X postKeith Gill, known as "Roaring Kitty" on YouTube and "DeepF***ingValue" on Reddit, was a key figure in the so-called Reddit rally, which saw...
- GameStop COO Nir Patel steps downGrapevine, Texas-based GameStop and Nir Patel have entered into a separation agreement that also entails a mutual release of claims, the vi...
- Dow outperforms in thin trading week, 1% shy of 40,000-point markWeighing on the tech-heavy Nasdaq, AI giant Nvidia shed 3.1%, leading losses among megacap growth peers. Traders see a 70% chance the Fed w...
- GameStop shares fall over 14% as video game retailer faces competition, weak spendingGameStop's shares fell more than 14% on Wednesday, as the brick-and-mortar video game retailer reported a decline in fourth-quarter revenue...
- GameStop faces 'unsustainable' sales decline, cuts jobs to control costsAs of February 3, GameStop had about 8,000 full-time salaried and hourly associates and between 13,000 and 18,000 part-time, hourly associa...
- GameStop jumps after swinging to profit, ignites rally in meme stocksGameStop's shares rose almost 40% in premarket trading after the video game retailer posted its first profitable quarter in two years, whic...
- Robinhood cutting workforce by 23%The company is also changing its organizational structure to "drive greater cost discipline," Robinhood chief executive officer Vlad Tenev ...
- Robinhood posts 44% slump in revenue, slashes headcount by 23%The company posted a net loss of $295 million. Stripping out the restructuring charges, Robinhood reported a loss of 32 cents per share ver...
- GameStop to lay off employees; CFO leavesGameStop has been looking to bolster its online sales as shopping trends toward e-commerce accelerated during the pandemic.
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