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Teladoc buys mental health company UpLift to help boost struggling BetterHelp unit

Teladoc buys mental health company UpLift to help boost struggling BetterHelp unit

Finance News

Teladoc Health Inc. signage on the floor of the New York Stock Exchange on Dec. 31, 2024. Michael Nagle | Bloomberg | Getty Images Virtual care provider Teladoc Health, which has seen its market value plummet over the past five years, said Wednesday that it acquired mental health company UpLift for $30 million in cash. […]

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Snap sinks 15% after withholding guidance, citing ad concerns

Snap sinks 15% after withholding guidance, citing ad concerns

Finance News

Evan Spiegel, CEO of Snap Inc., speaks onstage during the Snap Partner Summit 2023 at Barker Hangar on April 19, 2023 in Santa Monica, California.  Joe Scarnici | Getty Images Entertainment | Getty Images Snap shares fell more than 15% Wednesday after the social media company withheld second-quarter guidance due to the uncertain macroeconomic environment.

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Etsy shares pop on revenue beat as company says it’s ‘staying nimble’ to tariff uncertainty

Etsy shares pop on revenue beat as company says it’s ‘staying nimble’ to tariff uncertainty

Finance News

Gabby Jones | Bloomberg | Getty Images Etsy shares jumped in premarket trading on Wednesday after the company posted better-than-expected revenue for the first quarter. Here’s how the company did: Revenue: $651.2 million vs. $643 million, according to LSEG Loss: Loss per share of 49 cents The e-commerce company reported a net loss of $52.1

Etsy shares pop on revenue beat as company says it’s ‘staying nimble’ to tariff uncertainty Read More »

Microsoft says it respects European laws as U.S. ramps up trade tensions with EU

Microsoft says it respects European laws as U.S. ramps up trade tensions with EU

Finance News

Microsoft President Brad Smith speaks during signing ceremony of cooperation agreement between the Polish Ministry of Defence and Microsoft, in Warsaw, Poland, February 17, 2025. Kacper Pempel | Reuters Microsoft President Brad Smith says the U.S. tech giant is committed to respecting European laws — even though it may not always agree with them. “Like

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Samsung’s first-quarter operating profit and revenue beat expectations on smartphone, chip sales

Samsung’s first-quarter operating profit and revenue beat expectations on smartphone, chip sales

Finance News

Photo illustration showing the Samsung Group company logo displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Samsung Electronics’ operating profit and revenue beat analysts’ estimates Wednesday, as sales of its flagship Galaxy S25 smartphones and as well as memory chips rose. The South Korean company posted a record quarterly revenue, up

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Snap plunges 14% on ‘headwinds’ to start quarter, inability to offer guidance

Snap plunges 14% on ‘headwinds’ to start quarter, inability to offer guidance

Finance News

Snap CEO Evan Spiegel speaks during the Semafor World Economy Summit 2025 at Conrad Washington on April 23, 2025 in Washington, DC. Kayla Bartkowski | Getty Images Snap reported better-than-expected first-quarter revenue Tuesday but declined to provide guidance, citing macroeconomic uncertainties that could weigh on advertising demand. Shares dropped 14% in after-hours trading. Here is

Snap plunges 14% on ‘headwinds’ to start quarter, inability to offer guidance Read More »

Why Lennar is betting on a startup building backup batteries for Texas homes

Why Lennar is betting on a startup building backup batteries for Texas homes

Finance News

In a warming world with increasingly extreme weather events, homeowners are turning to backup batteries for relief and peace of mind. But the backup only lasts only so long, and there’s a bigger problem at play: aging power grids. Enter the virtual power plant, managed through a cloud-based system. It’s a fertile market for a

Why Lennar is betting on a startup building backup batteries for Texas homes Read More »

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