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Disney stocks lost all the gains accumulated since the start of the pandemic

On Wednesday, shares of Disney, the largest media conglomerate, fell 13% to $86.75, the lowest figure since March 2020. The event could be considered as the biggest one-day drop since Sept. 17, 2001.

10 November 2022
Amazon turned out to be first public company that lost $1 trillion in market value

As it was registered on Wednesday, the Amazon company’s shares dropped by nearly 4.3%, which, in its turn, led to the company’s market value decreasing.

10 November 2022
Walt Disney shares fall 7% following profit decline

The Walt Disney Co. stocks fell more than 7% in pre-market Wednesday trading. That came right after the company announced lower earnings for the fourth quarter of 2022.

9 November 2022
Tesla Shanghai shown its highest pace inventory accumulation in October

While car manufacturers and market participants are preparing for a possible decline in the most significant car market of the world, the Tesla company demonstrated its highest pace of adding to electric car inventory in Shanghai last month, as it was shown by brokerage data.

9 November 2022
40,000 Tesla cars are being recalled in the U.S. due to possible power steering problems

More than 40,000 Tesla cars are now being recalled by the company due to a possible loss of power steering assist, which might happen in case of driving on rough roads or hitting potholes.

9 November 2022
Disney missed Wall Street forecasts on streaming losses

Walt Disney Co failed to meet Wall Street's earnings forecast on Tuesday. The entertainment giant has suffered financial losses due to its advancement into streaming video.

9 November 2022
Coca-Cola HBC raises earnings forecast for 2022

Coca-Cola HBC AG, a soft drink maker and seller, raised its profit outlook for 2022 on Tuesday, Nov. 8.

8 November 2022
Key issues in the run-up to the Disney's quarterly report

Disney is set to release its quarterly report after the end of trading on Tuesday.

8 November 2022
Lyft shares fall after disappointing earnings report

After the end of trading on Monday, Lyft presented disappointing financial results for the third quarter, which showed that neither the company's profit nor the company's revenue fell short of analysts' forecasts.

8 November 2022
TripAdvisor couldn’t reach the expected profit

The forecasts related to the quarterly profit of TripAdvisor Inc turned out to be wrong. However, the quarterly revenue of the company exceeded expectations as the clients renewed their interest in trips.

8 November 2022