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Tag Archives: Business News

Peloton (PTON) Shares Fall 27% Following Sales Loss and Low Subscriber Growth for Fiscal Q4 2023

[unable to retrieve full-text content]CoinspeakerPeloton (PTON) Shares Fall 27% Following Sales Loss and Low Subscriber Growth for Fiscal Q4 2023 Peloton sales and subscriber growth fell in Q4 2023 as expected, due to a traditional Q4 slowdown and a recall that affected 2 million bikes. Peloton (PTON) Shares Fall 27% Following Sales Loss and Low Subscriber Growth for Fiscal Q4 2023

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Baidu Records 15% Growth in Q2 2023 Revenue, CEO Attributes Increase to Advertising

[unable to retrieve full-text content]CoinspeakerBaidu Records 15% Growth in Q2 2023 Revenue, CEO Attributes Increase to Advertising The CEO of Baidu disclosed that the company saw accelerated revenue and profit growth in the Q2 of 2023 due to the good performance of the online marketing business and operating leverage. Baidu Records 15% Growth in Q2 2023 Revenue, CEO Attributes Increase to Advertising

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Microsoft Submits Restructured Agreement for Activision Blizzard Acquisition amid Regulatory Challenges

[unable to retrieve full-text content]CoinspeakerMicrosoft Submits Restructured Agreement for Activision Blizzard Acquisition amid Regulatory Challenges In response to the initial rejection, Microsoft has introduced a new proposal that both companies have mutually accepted. The terms of this agreement have been adjusted to align with the stipulations of the UK Competition and Markets Authority. Microsoft Submits Restructured Agreement for Activision Blizzard Acquisition amid Regulatory...

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Goldman Sachs Selling Its Investment Advisory Business as It Suspends Attempts at Mass Market Businesses

[unable to retrieve full-text content]CoinspeakerGoldman Sachs Selling Its Investment Advisory Business as It Suspends Attempts at Mass Market Businesses Goldman Sachs has endured from losses from trying to cater to the broader market and is now looking to sell its investment advisor. Goldman Sachs Selling Its Investment Advisory Business as It Suspends Attempts at Mass Market Businesses

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Stripe Rival Adyen Loses $20 Billion in One Day as Shares Plunge Following Poor H1 Report

[unable to retrieve full-text content]CoinspeakerStripe Rival Adyen Loses $20 Billion in One Day as Shares Plunge Following Poor H1 Report Adyen published its slowest growth for a half-year since 2018 and lost $20 billion of its market valuation as shares also fell 39%. Stripe Rival Adyen Loses $20 Billion in One Day as Shares Plunge Following Poor H1 Report

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