Spotify (SPOT) earnings Q4 2022

Spotify (SPOT) earnings Q4 2022

People leave Spotify’s lower Manhattan headquarters on January 23, 2023 in New York City. Eduardo Munoz Alvarez | View Press | Corbis News | Getty Images Spotify shares rose as much as 9% early Tuesday after the company reported fourth-quarter earnings that beat analysts’ expectations for revenue and showed strong user growth. Here’s how the … Read more

Cindy Williams, ‘Laverne & Shirley’ star, passed away at age 75

Cindy Williams, ‘Laverne & Shirley’ star, passed away at age 75

CNN — Cindy Williams, the dynamic actress best known for playing the bubbly Shirley Feeney on the beloved sitcom “Laverne & Shirley,” has passed away, according to a statement from her family provided to CNN by a representative. She turned 75. Williams died after a short illness, according to the statement from her children Zak … Read more

Investors are dangerously ignoring the impact of the bear market on earnings

Investors are dangerously ignoring the impact of the bear market on earnings

Famed shortseller Jim Chanos sees an alarming trend in the market. “I’ve been on the street [since] 1980 [and] no bear market has ever traded more than nine times to 14 times previous peak earnings,” Chanos & Co.’s founder said. Monday on CNBC’s “Fast Money.” His latest warning comes in the midst of earnings season, … Read more

Billionaire Gautam Adani loses $26 billion

Billionaire Gautam Adani loses  billion

Last year, Gautam Adani, 60, was the star of all rankings of the world’s biggest fortunes. He was one of the few billionaires to see his net worth soar as the global economic downturn rocked the fortunes of technology tycoons. Adani, unknown to the West, saw his fortune increase by $40 billion, according to the … Read more

Tech stocks are having their best January in decades – here’s why that may not be a good sign

Tech stocks are having their best January in decades – here’s why that may not be a good sign

Technology stocks are having a pretty rough start to 2023, but that could actually be an ominous signal. The Nasdaq Composite Index COMP, +0.95% is up 11% so far this month, on track for its best January performance since gaining 12.2% in 2001, according to Dow Jones Market Data. But that 2001 rally cooled off … Read more

Amazon will charge delivery fees for fresh grocery orders under $150

Amazon will charge delivery fees for fresh grocery orders under 0

Brendan McDermid | Reuters Amazon will begin charging delivery fees for fresh grocery orders under $150, in a move it says will help keep the prices of its services down. Starting February 28, Prime members who want Amazon Fresh home delivery will be charged a $9.95 delivery fee for orders under $50, while orders between … Read more

Fired Google employee Nicole Tsai’s ‘day in the life’ TikTok

Fired Google employee Nicole Tsai’s ‘day in the life’ TikTok

The emotional “day in the life” video of a fired Google employee on TikTok went viral as it captured her heartbreak after learning she was one of 12,000 employees laid off by the tech giant earlier this week. Nicole Tsai, a Southern California-based TikTok “vlogger,” breaks down in tears in the video as she narrates … Read more

FTX creditors include Goldman Sachs, New York Times and Netflix

FTX creditors include Goldman Sachs, New York Times and Netflix

New York CNN — Recently unsealed bankruptcy documents revealed thousands of creditors to whom FTX owes money after the once-powerful crypto exchange collapsed in November. Wall Street heavyweights, including Goldman Sachs and JPMorgan, were named in the list of creditors, which includes companies, charities, individuals and other entities in a 116-page document filed late Wednesday. … Read more

Vinícius Jr.: Image of black football star hanged from bridge in Madrid

Vinícius Jr.: Image of black football star hanged from bridge in Madrid

CNN — Vinicius Jr. scored against Atletico Madrid on Thursday in Real Madrid’s 3-1 Copa del Rey quarter-final win after an effigy of the star was hung from a bridge in Madrid ahead of the game. Alvaro Morato put Atlético ahead, but Rodrygo’s equalizer secured extra time in the quarter-final. Atletico went down to 10 … Read more

A 26-year-old founded a medical startup – the same year he lost almost half of his eyesight

A 26-year-old founded a medical startup – the same year he lost almost half of his eyesight

Kevin Choi, Medi Whale’s CEO, said he firmly believes his diagnosis is “not a coincidence”. Mediwal As a gunner in the Republic of Korea Marine Corps who has undergone rigorous training as part of his tour of duty, Kevin Choi had “no doubt” about his state of health. “I have pretty severe nearsightedness, but I … Read more