MicroStrategy Stock Is Crumbling as Bitcoin Slides and Rates Rise

Bitcoin’s tumbling price is dragging down MicroStrategy’s stock. Dreamstime Text size MicroStrategy , a software and Bitcoin holding company, was tumbling again as the price of the crypto continued to slide. Shares of MicroStrategy (ticker: MSTR) were down 23% in trading Monday, to around $227 a share. The company held 129,218 Bitcoins on its balance … Read more

Earnings preview: Is Disney+ in for a wake-up call like Netflix?

Is the Walt Disney Co. headed for a subscriber miss, like its biggest streaming rival? disney SAY, -3.00% has ferociously eaten into rival Netflix Inc.’s NFLX, -4.35% subscriber base since launching Disney+ in November 2019, climbing to 129.8 million subscribers. That is more than half of Netflix’s total of 219.6 million, which declined by 200,000 … Read more

Travel is recovering, but not travel stocks. Here is where the opportunities lie.

Dream of travelers: spring in Paris. The business of some online travel agencies has almost doubled. AFP/Getty Images Text size After two years of staying put, Americans are once again planning summer vacations, giving the travel industry a boost. So why are investors absent from the trip? Airlines hinted at the revival when they posted … Read more

Travel is recovering, but not travel stocks. Here is where the opportunities lie.

Dream of travelers: spring in Paris. The business of some online travel agencies has almost doubled. AFP/Getty Images Text size After two years of staying put, Americans are once again planning summer vacations, giving the travel industry a boost. So why are investors absent from the trip? Airlines hinted at the revival when they posted … Read more

Travel is recovering, but not travel stocks. Here is where the opportunities lie.

Dream of travelers: spring in Paris. The business of some online travel agencies has almost doubled. AFP/Getty Images Text size After two years of staying put, Americans are once again planning summer vacations, giving the travel industry a boost. So why are investors absent from the trip? Airlines hinted at the revival when they posted … Read more

Apple says China’s Covid-19 lockdowns weigh on sales

Apple Inc. AAPL 4.52% warned on Thursday that the resurgence of Covid-19 in China threatens to hamper sales of up to $8 billion in the current quarter – a setback after seeing supply chain improvements in the first three months of the year. The iPhone maker’s guidance came Thursday shortly after the company posted one … Read more

Qualcomm stock rebounds more than 6% as handset sales drive record earnings and bright outlook

Shares of Qualcomm Inc. rallied in extended trading on Wednesday after the chipmaker’s record quarterly results and strong outlook beat Wall Street estimates and the company assured analysts that demand continues to outpace the market. ‘offer. Qualcomm QCOM, +1.20% said it expects third-quarter adjusted earnings of $2.75 to $2.95 per share on revenue of $10.5 … Read more

Facebook’s earnings overrun lifts Meta stock, but sales see slowest growth in a decade

Meta Platforms Inc. is the latest tech giant to feel an economic pinch, as Facebook’s parent company reported its slowest sales growth in a decade on Wednesday and issued a lukewarm revenue forecast. “Revenue headwinds” will likely lead to a slowdown in investment, Meta chief executive Mark Zuckerberg said in a statement. webcast presentation with … Read more

Qualcomm stock rebounds more than 6% as handset sales drive record earnings and bright outlook

Shares of Qualcomm Inc. rallied in extended trading on Wednesday after the chipmaker’s record quarterly results and strong outlook beat Wall Street estimates and the company assured analysts that demand continues to outpace the market. ‘offer. Qualcomm QCOM, +1.20% said it expects third-quarter adjusted earnings of $2.75 to $2.95 per share on revenue of $10.5 … Read more

Spotify stock falls to lowest prices ever as CEO insists it’s not like Netflix

Shares of Spotify Technology SA plunged to their lowest prices on record on Wednesday as subscriber gains continue to slow faster than analysts expected, but the streaming music service’s chief executive insists that its current issues are nothing like Netflix Inc. Spotify PLACE, -12.44% added 1 million fewer subscribers in the first quarter than analysts … Read more