The pressure is weighing on Netflix. The company reported earnings Tuesday, showing disappointing guidance for the next quarter and lower-than-expected new subscribers in the U.S., its most mature market. The stock was down about 2% by midday …
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Billionaire hedge fund manager Seth Klarman is warning this rally that has taken stocks to record highs could soon end. Klarman, who runs Baupost Group in Boston, wrote in a letter to investors that the “the rocket fuel that has propelled markets in 2019 will …
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(Reuters) – Lab-grown meat producer Memphis Meats said on Wednesday it raised $161 million in a funding round led by Japan’s SoftBank Group (9984.T), Singapore’s wealth fund Temasek Holdings and Norwest Venture Partners. The company said here …
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ATLANTA — Atlanta-based Delta Air Lines has entered into a new partnership they say will make transporting pets safer. Delta announced they have teamed up with CarePod, a pet technology start-up. The new system will allow passengers to get real-time …
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Tesla has reached a deal with Michigan that will allow the company to sell its cars directly in the state, bringing a multiyear legal battle to an end. It’s a small but crucial victory for Tesla, and one that comes in the home state of the automotive industry. Thanks to …
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