[ad_1] On Friday, Peloton Interactives Inc. PTON told its employees the company will be slashing roughly 780 jobs and will be closing a significant number of its retail stores. It was…
[ad_1] Saba Capital, is a New York-based hedge fund run by Boaz Weinstein, who is known for betting against junk-rated corporate credit. What Happened: That philosophy proved to work during the…
[ad_1] As component shortages and supply chain constraints persist, Roku Inc. ROKU is prioritizing account acquisition, shipping costs and absorbing materials which is causing negative margins, according to Bank of…
[ad_1] Shares of Exxon Mobil Corp XOM are trading higher today following a strong earnings report. Exxon reported $17.9 billion in total earnings for the second quarter which is an…
[ad_1] As Amazon.com, Inc. AMZN looks to grow its Last Mile Delivery initiative, the e-commerce giant is continuing to build warehouses all over the world. The company’s newest warehouse is set to…