LivePerson’s Stock Soars: Starboard Nominates Dynamic New Directors, Promises Exciting Future Growth
Shares of LivePerson Inc. (LPSN), a leading provider of conversational commerce and AI software, surged by 17% on Friday after Starboard Value LP announced its intention to nominate a slate of directors for election at the company’s 2023 annual meeting. Starboard, an activist investment firm, disclosed its involvement with LivePerson in February 2022. Now, the […]
US Oil Futures Rise for the Day, Yet Suffer Stunning 7% Weekly Loss
US oil futures saw an increase on Friday but still experienced a significant loss of over 7% for the week overall. Analysts are speculating whether the rise of oil prices on Friday is a result of short-covering, actual buying in hopes that prices have reached their low point, or if it might be due to […]
Senate Banking Committee Ignites Surge in Sizzling Cannabis Stocks with Scheduled Hearing
Cannabis stocks are continuing to see big gains as the U.S. Senate committee on banking, housing, and urban affairs has scheduled a hearing to discuss the challenges faced by the cannabis industry in banking. The hearing, entitled “Examining Cannabis Banking Challenges of Small Businesses and Workers,” will be held on Thursday at 9:45 a.m. in […]
Breaking: Western Digital Reveals Hack, Customer Data Breached – Affected Users Notified!
Western Digital Corp announced on Friday that it has recently experienced a hack of its systems, which contained personal customer information, and that those affected have been alerted. Western Digital discovered unauthorized access “to a number of the company’s systems” on March 26 and disclosed the incident soon after. It immediately disconnected its systems from […]
Dow Skyrockets Overcoming 550-Point Hurdle, Breaking US Stocks’ 4-Day Losing Streak!
US stocks rebounded on Friday, breaking a four-day losing streak, as investors found value in beaten-down regional banks and Apple shares saw sharp gains. Despite the day’s recovery, the S&P 500 and Dow still experienced their largest weekly pullback since the week ended March 10, with reductions of 0.8% and 1.2% respectively. However, the Nasdaq […]
April’s Used-Car Sales Plunge: Shocking 8% Drop in Retail Estimates!
In April 2023, used-car retail sales experienced a decline of approximately 8% year-over-year, according to data from Cox Automotive. However, average retail listing prices have continued to trend higher. Despite this, car buyers may soon be able to access better deals as wholesale used-vehicle prices decreased by 3% in April compared to March, marking the […]
“Top Financial Meme Stock Plummets: Shocking 39.4% Drop Amidst Massive Trading Frenzy!”
Rewrite and expand this content to 900 words Shares of meme stock TOP Financial Group Ltd. TOP fell 39.4% Friday amid heavy trading volume. The Hong Kong-based trading firm joined the list of meme stocks last week when its shares skyrocketed more than 890%, spurred on by the WallStreetBets crowd on Reddit. In the last five […]
“Bio-Rad Stock Plummets in Historic Selloff After 36 Years – S&P 500’s Biggest Decline Amid Dismal Results!”
Shares of Bio-Rad Laboratories Inc. experienced a significant 17.5% drop, marking their worst day in 36 years. This decline comes after the company reported first-quarter results that did not meet expectations, primarily due to a decrease in COVID-related sales. As a result, the life science research and clinical diagnostics product maker lowered its full-year outlook. […]
Goldman Sachs Negotiates Settlement in High-Profile Female Discrimination Lawsuit, WSJ Reports
Goldman Sachs Group Inc., a leading Wall Street bank, reportedly engages in negotiations to settle a class-action lawsuit brought forth by female employees who claimed the company promoted their male colleagues more and paid women less. As the potential settlement amount and trial date approaches, this high-profile case highlights the ongoing issue of gender discrimination […]
FuboTV Shares Skyrocket: Losses Dip, Revenue Soars, and Subscriber Prediction Increases Beyond Expectations!
FuboTV Inc., a live TV streaming platform, saw its shares jump by 8.9% in premarket trading following its impressive first-quarter report that exceeded expectations. Alongside this, the platform raised its full-year subscriber outlook and provided a positive liquidity view. During Q1 of 2021, FuboTV’s net losses narrowed to $86.4 million, equivalent to 37 cents a […]