News

U.S. consumer confidence dips; more plan to buy big-ticket items

U.S. consumer confidence ebbed slightly in January, with more consumers planning to purchase homes, automobiles and other big- ticket items even as they grew less optimistic about business and labor market conditions in the short term.

Robinhood says it is in ‘strong position’ to face unlikely market events

Robinhood Markets Inc (HOOD.O) on Tuesday highlighted steps it has taken to avoid imposing trading restrictions and said it was in a “strong position” to support customers through unlikely market events, in a blog post published almost one year after a social-media-fueled rally that rattled markets.

LG Display Q4 profit drops 30% on year, hit by lower TV panel prices

South Korea’s LG Display Co Ltd (034220.KS) posted on Wednesday a 30% drop in quarterly operating profit on the year, hit by a steep decline in TV panel prices that offset solid shipments of smaller screens used for computers, laptops and smartphones.

Ebike subscription company Dance adds chief financial officer Tobias Jordan to its executive team

Dance, the ebike subscription company dedicated to making sustainable transportation simple and convenient, today announced that Tobias Jordan is joining the executive team as chief financial officer in a new role for the micromobility startup. This milestone follows launching a pilot in Hamburg, Germany in December 2021 and after the service’s launch in Berlin in September 2021.

IBM marks strong start to new chapter as cloud revenue booms

IBM (IBM.N) on Monday beat Wall Street estimates for revenue in the fourth quarter, as its focus on the cloud paid off in Big Blue’s first earnings after exiting the slow-growing managed infrastructure business.

U.S. consumer confidence dips; more plan to buy big-ticket items

U.S. consumer confidence ebbed slightly in January, with more consumers planning to purchase homes, automobiles and other big- ticket items even as they grew less optimistic about business and labor market conditions in the short term.

Robinhood says it is in ‘strong position’ to face unlikely market events

Robinhood Markets Inc (HOOD.O) on Tuesday highlighted steps it has taken to avoid imposing trading restrictions and said it was in a “strong position” to support customers through unlikely market events, in a blog post published almost one year after a social-media-fueled rally that rattled markets.

LG Display Q4 profit drops 30% on year, hit by lower TV panel prices

South Korea’s LG Display Co Ltd (034220.KS) posted on Wednesday a 30% drop in quarterly operating profit on the year, hit by a steep decline in TV panel prices that offset solid shipments of smaller screens used for computers, laptops and smartphones.

Ebike subscription company Dance adds chief financial officer Tobias Jordan to its executive team

Dance, the ebike subscription company dedicated to making sustainable transportation simple and convenient, today announced that Tobias Jordan is joining the executive team as chief financial officer in a new role for the micromobility startup. This milestone follows launching a pilot in Hamburg, Germany in December 2021 and after the service’s launch in Berlin in September 2021.

IBM marks strong start to new chapter as cloud revenue booms

IBM (IBM.N) on Monday beat Wall Street estimates for revenue in the fourth quarter, as its focus on the cloud paid off in Big Blue’s first earnings after exiting the slow-growing managed infrastructure business.

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