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GAMESTOP LAYOFFS
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...- 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...
- GameStop soars 53% after reporting first profit in two yearsGameStop soared as much as 53%, heading for its biggest gain in two years, at the opening bell and it pulled other meme stocks along for th...
- 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.
- Robinhood, US financial services firm, fires 9% of its full-time employeesUS brokerage company Robinhood on Tuesday announced that it was cutting 9% of its fulltime workforce. The news has resulted in a decline of...
- ETtech Morning Dispatch, 28 Jan 2021: Top Tech News to Start Your DayFrom the government’s plans to fund startups using pension and insurance monies to US President Joe Biden's H-1B visa policy, here’s a look...
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