Adobe Fourth-Quarter Revenues Up 10% as Demand Remains Strong

[ad_1] Shares of software company rise as current-quarter profit estimates come in ahead of Wall Street views. [ad_2] Source link

Elon Musk Sold More Than $3.5 Billion Worth of Tesla Shares

[ad_1] Tech CEO’s sale of Tesla stock has weighed on the company’s share price, which is down more than 50% in 2022 [ad_2] Source link

Chinese-Backed Lanvin Group Makes New York Trading Debut After SPAC Merger

[ad_1] Markets Luxury fashion company has raised over $150 million at a valuation of $1 billion [ad_2] Source link

Tesla Investors Voice Concern Over Elon Musk’s Focus on Twitter

[ad_1] Markets Supporters of Tesla and Musk are asking questions about who is running the electric-vehicle maker [ad_2] Source link

Hedge-Fund Bets Give Boost to Huge Texas Teachers’ Pension

[ad_1] Gains from Man Group and Citadel contributed to the $184 billion fund’s performance. [ad_2] Source link

Investors Are Losing Faith in Cathie Wood’s ARK Innovation

[ad_1] The ETF founder is seeing a drop in large holdings such as Tesla and Zoom. [ad_2] Source link

Investors Grow More Confident Fed Will Pull Off a Soft Landing

[ad_1] Mutual funds and hedge funds are putting money in stocks that would benefit from slowing inflation and falling rates. [ad_2] Source link

Southwest, PepsiCo, Carvana: Stocks That Defined the Week

[ad_1] Markets Stocks Here are seven major companies whose stocks moved on the week’s news [ad_2] Source link

Blue Apron Lays Off 10% of Corporate Workforce

[ad_1] The meal-kit company said it plans to cut spending on marketing, consulting and labor in 2023. [ad_2] Source link

Judge to Hear FTC’s Bid to Block Meta from Acquiring Virtual-Reality App Maker

[ad_1] Facebook’s parent company faces an antitrust fight over its proposed purchase of startup Within Unlimited. [ad_2] Source link