Maria Reed

Maria Reed is a financial journalist with a passion for covering US equities. She joined the ABBO News team in June 2023. Maria holds an M.S. degree in International Economics and Finance from Otto-von-Guericke University in Magdeburg and is a CFA Level 2 candidate.

Activision Blizzard

Activision Blizzard (NASDAQ: ATVI) Shares Surge as Microsoft’s $69B Deal Nears UK Antitrust Approval

Activision Blizzard, Inc. (NASDAQ: ATVI) shares rose in pre-market trading as Microsoft’s revamped $69 billion acquisition deal for Activision inches closer to receiving antitrust approval from UK regulators. The Competition and Markets Authority (CMA) has stated that the updated proposal …

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Mullen Automotive Stock

Mullen Automotive Stock Surges on Exciting Updates to 2023 Strikingly Different EV U.S. Tour

Mullen Automotive stock is trading higher in pre-market trading today following the revelation of additional stops on its 2023 Strikingly Different Electric Vehicle (EV) U.S. tour. The company will cover the South, East Coast, Midwest, and West Coast before concluding …

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Alibaba Group

Alibaba Group (NYSE: BABA) Stock Slides Following Sudden Departure of Daniel Zhang from Cloud Unit

Shares of Alibaba Group Holding Limited (NYSE: BABA) plunged -2.29% in the early trading hours Monday following the abrupt resignation of CEO Daniel Zhang as head of the China-based tech giant’s cloud computing division. The move comes as part of …

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Shopify

Shopify Inc. (NYSE: SHOP) Stock Skyrockets as Amazon Unveils ‘Buy with Prime’ App for Shopify Merchants

Shares in Shopify Inc. (NYSE: SHOP) soared more than 10 percent on Thursday after Amazon.com, Inc. (NASDAQ: AMZN) revealed a new app named “Buy with Prime” for Shopify merchants. This app aims to simplify the shopping process for members of …

Shopify Inc. (NYSE: SHOP) Stock Skyrockets as Amazon Unveils ‘Buy with Prime’ App for Shopify Merchants Read More »

Stock Plunge

Netflix (NASDAQ: NFLX) Stock Plummets as Q2 Revenue Misses Wall Street Estimates

Netflix, Inc. (NASDAQ: NFLX) has beaten Wall Street earnings forecasts for the second quarter, reporting diluted earnings-per-share of $3.29. This figure exceeded the consensus forecast of analysts surveyed by Refinitiv, who had estimated earnings at $2.86. Wall Street earnings expectations …

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