Tag: NYSE:ATUS
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Expedia Announces 1,500 Job Cuts; Hims & Hers Surges 19.8% Post Financial Results, and More News
Expedia (NASDAQ:EXPE) – Expedia revealed plans on Monday to cut approximately 1,500 jobs globally, about 9% of its workforce, as part of an “organizational and technological transformation.” The decision follows a moderate revenue forecast for 2024, with declining airfare prices. Expedia’s restructuring will incur pre-tax charges and cash expenses between $80 million and $100 million.…
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Nvidia Releases Chip to Comply with China Export Restrictions, HG Vora Seeks Board Seats at PENN, and More
In the pre-market of the last trading day of 2023, the U.S. index futures show a slight increase, with Wall Street nearing the end of a profitable year and possibly hitting a new record. The S&P 500 is close to a new all-time high, reflecting a strong rise in the last months of 2023. This…