Thomas Hayes News

21.06 / 07:17
markets FIVE Career Airlines security President performer American Airlines flight attendants 'one step closer to a strike' after talks end without agreement: union
Great Hill Capital Chairman and managing member Thomas Hayes on American Airlines' market performance and companies cutting prices to respond to inflation.
14.02 / 17:43
markets UPS CEO Food wellness record high Uber hits record high after unveiling first-ever $7-billion share buyback
Uber Technologies shot to a record high on Wednesday after announcing its first-ever buyback of $7 billion worth of company shares after a strong recovery in ride-share revenue and healthy demand in its food delivery business. The company posted its first annual net profit last week since it went public in 2019. Uber executives said they expect to make buybacks consistent over time.
16.11 / 14:59
Digital CEO Platform Strategy country social reports Alibaba scraps cloud business spin-off citing US chip curbs
Alibaba Group has scrapped plans to spin-off its cloud business, citing uncertainties created by US export curbs on chips used in artificial intelligence applications. The U.S.
21.09 / 14:57
Career CEO Entertainment Matthews stage Media mogul Rupert Murdoch steps down as chairman of Fox, News Corp
(Reuters) — Media mogul Rupert Murdoch, 92, has stepped down as the chairman of Fox Corp and News Corp (NASDAQ:NWSA), ending a more than seven-decade career in which he created an empire spanning from Australia to the United States.
15.09 / 02:49
UPS Lowe's NASDAQ DOW SoftBank economic data US stock market: Wall Street ends higher on economic data; Arm soars in debut
data eased worries about a recession without raising fears of a Federal Reserve rate hike next week, while Arm Holdings soared in its stock market debut. SoftBank's Arm was valued at nearly $60 billion in a strong Nasdaq debut, with the chip designer's shares soaring nearly 25% in their first day of trading. Retail sales rose more than expected in August on higher gasoline prices, while initial claims for state unemployment benefits climbed to a seasonally adjusted 220,000 for the week ended Sept. 9 from 217,000 the week before. Monthly producer prices for final demand rose 0.7% last month, against expectations of a 0.4% increase.
13.09 / 01:39
Provident Lowe's Target NASDAQ Oracle US stock market: Wall Street ends lower as Oracle tumbles on weak forecast
Wall Street stocks ended lower on Tuesday as Oracle shares tumbled more than 13% after a weak forecast and surging oil prices deepened worries about persistent price pressures ahead of crucial inflation readings this week.Oracle shares dived to their lowest since June after the cloud-services provider forecast current-quarter revenue below targets and narrowly missed first-quarter expectations. Cloud-computing heavyweights Amazon.com and Microsoft each fell more than 1%, pressured by Oracle's weak forecast and by a rise in U.S. Treasury yields. Oil prices jumped more than 1%, building on a recent rally and stoking worries that sticky inflation could mean U.S.
31.08 / 14:49
COST UPS Citizens UBS US insurers brace for Idalia claims, UBS estimates $9.36 billion cost in Florida
By Noor Zainab Hussain, Chibuike Oguh and Jonathan Stempel
24.07 / 15:09
BLOCK CEO Entertainment Matthews GameStop Koss social Meme stock AMC jumps 21% as investors cheer stock conversion plan halt
AMC Entertainment Holdings soared on Monday after a U.S. court blocked the theater chain's stock conversion plan that risked diluting investors' holdings. A Delaware court judge said on Friday declined to approve the proposed settlement by AMC in a case that has alleged the company planned to convert preferred stock to common to circumvent the will of common stock holders who had opposed the issuing of new shares.
06.04 / 12:29
Dogecoin UPS Twitter Tesla Board Of Directors elon Shares Price & Memecoins Soars after Elon Musk Appointed as Twitter's Board of Directors
Twitter shares inked an awe-inspiring performance on Monday after regulatory findings show that Elon Musk, the Chief Executive Officer of Tesla Inc, and SpaceX have bought up a total of 73.5 million shares of the social media giant’s stock.

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