As the Nasdaq prepares to delist shares of Bed Bath & Beyond Inc. following the company’s filing for Chapter 11 bankruptcy protection, some retail traders are taking to Reddit to commiserate about their losses — while others say they are doubling down and continuing to buy as the share price sinks further below 25 cents.
The Moneyist: ‘I married a person who was nothing short of evil’: He has threatened to take my house if we divorce. What can I do?
‘My tenant has not paid a dime since December 2021. He has destroyed the home. He stole my mail, and has been committing credit-card fraud.’
Earnings Results: Teladoc says it has ‘solid momentum’ as revenue tops expectations
Teladoc delivered an outlook that was better than anticipated at the midpoint.
Earnings Results: Mattel says retailers are still skittish about stocking up on toys, but sticks with its financial outlook
Toy maker Mattel Inc. on Wednesday reported better-than-expected first-quarter results and held to its full-year outlook.
Personal Finance Daily: As pickleballers spend billions on the sport, tennis players are accused of vandalizing their nets and how not to be a jerk when you travel this summer, according to TSA workers and flight attendants
Wednesday’s top personal finance stories.
Earnings Results: Meta stock jumps toward highest price in a year as Facebook parent predicts renewed revenue growth
Meta Platforms Inc.’s stock soared more than 10% higher in extended trading Wednesday after the social networking company’s profit declined less than expected.
Earnings Results: KLA stock rises as weak outlook overlooked on forecast of second-half recovery
KLA Corp.’s quarterly results topped Wall Street estimates late Wednesday but its outlook didn’t.
Earnings Results: ServiceNow racks up first $2 billion quarter: ‘We have hit a new gear,’ CEO says
Enterprise software company also raised its full-year guidance for subscription sales to between $8.47 billion and $8.52 billion.
Front Office Sports: The NBA’s media future could be decided by a bitter CEO rivalry
When its next cycle of long-term media rights begins with the 2025-26 season, the NBA will seek a combined $50 billion to $75 billion.
Earnings Outlook: Amazon ripped off the Band-Aid. Does that mean big earnings are about to flow?
Amazon.com Inc. dumped a lot of bad news into its holiday-quarter results, and that could set the company up for a better-looking 2023.
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