Source: Dreamstime | Author: DeltaStock
Reading time: 2 minutes
Rivian Automotive – one of the latest EV makers to hit the market, has seen a rough fiscal 2021, marred by wider-than-expected losses, supply-chain issues and rising commodity costs. The disappointing news briefly sent its stock down 10% in after-hours trading last Thursday, with the price continuing to slump further at the time of writing this article.
Source: Dreamstime | Photographer: Creativeimpression
We are informing all our clients that, due to the shift to Daylight Saving Time (DST) in the U.S., the trading hours of some CFD markets will be changed during the period of 13 – 27 March.
Source: Dreamstime
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The legendary company said it had spent a whopping $27 billion on share repurchases throughout 2021. Over the past year, Berkshire Hathaway’s shares have provided investors with a total return of 23.2%, outperforming the US500’s total return of 9.3%
Source: Dreamstime
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The Russian internet and ride-hail giant’s revenue for the period grew 54% compared to last year, which allowed it to repurchase 645,191 Class A shares for a total of $50.1 million.
Source: Dreamstime | Author: Siam Pukkato
We are informing all our clients that, due to the upcoming Presidents’ Day holiday in the U.S., the trading hours of some CFD markets will be changed on 21st February 2022.
Source: Dreamstime
Reading time: 2 minutes
Despite a 6.9% year-over-year increase in the company’s revenue and record net bookings for fiscal Q3 2022, it still didn’t match analysts’ expectations for $2.66 billion.