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Bumble Shares Tumble By 45% In 2024: CFO Exit, Competition And Slowing Industry Growth Prompt Analyst To Downgrade The Stock
Friday, January 3, 2025 - 9:00am | 581Shares of Bumble Inc. (NASDAQ:BMBL) fell over 2% on Thursday and slipped further during pre-market trading on Friday as Wolfe Research analyst Shweta Khajuria downgraded the stock to “peer perform” from “outperform.” What Happened: Wolfe Research cited several risk factors...
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Huawei To Google: We Don't Need You Anymore
Friday, August 9, 2019 - 10:26am | 457Chinese tech giant Huawei unveiled a solution Friday to being shunned by U.S. companies: its own operating system. What Happened Huawei was placed on a U.S. government blacklist in May and Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) quickly suspended business activity with the Chinese...
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Was Tim Cook's Visit To India A Failure? Bloomberg Says Apple Was Dealt A 'Fatal Blow'
Wednesday, May 25, 2016 - 10:06am | 317Apple Inc. (NASDAQ: AAPL)'s CEO Tim Cook recently visited India to meet with business leaders and senior government officials, including the country's Prime Minister Narendra Modi. Cook's visit to the country comes at a time when the company has been actively pressing the government to grant it...
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Apple's iPhone Losing Market Share, But iPad Making Huge Inroads In Schools
Friday, July 26, 2013 - 8:47am | 551For those looking for proof that Apple (NASDAQ: AAPL) needs a low-cost iPhone, look no further than data released by Strategy Analytics but it’s iPad is quietly gaining significant market share in the education market. Samsung (OTC: SSNLF)’s handset division booked estimated profits of $5.2...