Shares of Airbnb tumble 13% on low fourth-quarter guidance
Shares of Airbnb fell Wednesday, a day after the company released third-quarter earnings that beat Wall Street’s estimates but fell short on Q4 guidance.
Goldman says humanoid robots will be a $6 billion market in 10 years – How to play the growing trend
The rise of humanoid robots for work in factories and caring for the elderly could be a huge investing opportunity, according to Goldman Sachs.
Ark’s Cathie Wood is betting Elon Musk will turn Twitter into a ‘super app’
Twitter may one day look more like WeChat Pay, the digital payments service of Chinese messaging app WeChat, Wood said.
10-year Treasury yield turns higher after Fed’s Powell says rates will go higher than expected
Traders tried to decipher the Federal Reserve’s message on its tightening path after the central bank approved another big rate hike.
A top Tesla analyst is keeping his underperform rating on the stock, saying a key argument of the bulls is wrong
Bernstein’s Toni Sacconaghi does not see the software uptake needed for a more bullish outlook.
North Korea launches 23 missiles as Kim Jong Un climbs the ‘escalation ladder’
One of the missiles landed south of the sea border between the two countries for the first time since the Korean Peninsula was divided in 1948.
Dow closes 500 points lower, Nasdaq sheds 3% as Fed Chair Powell signals intent to continue hiking rates
Stocks fell on Wednesday in wild action as traders tried to interpret the Federal Reserve’s next move after it delivered another three-quarter point rate hike.
Israel’s Netanyahu, facing multiple corruption charges, is set for a dramatic comeback in 5th election since 2019
Netanyahu is the longest-serving prime minister in Israel’s history, and is currently charged with multiple counts of corruption with investigations and legal proceedings ongoing.
Crypto winter ‘only going to get worse,’ co-founder of Tezos blockchain says
Kathleen Breitman told CNBC “easy money” had artificially inflated crypto firms, and a shake-out looms in which only truly useful applications survive.
UK PM Rishi Sunak will now attend COP27, reversing decision to skip
UK PM Rishi Sunak will attend the COP27 summit in Egypt next week, he said on Wednesday, reversing a much-criticised decision to skip the annual gathering.
