Tag: Losses
Klarna Reports Doubled Losses in Q1 Amid IPO Delay
Sebastian Siemiatkowski, the big boss over at Klarna, was talking at some fintech shindig in London on Monday, April 4, 2022. The CEO of the popular buy now, pay later firm had some not-so-great...
Boeing to Cut 17,000 Jobs Amid Factory Strike and Deepening Losses
Boeing, a major aircraft manufacturer, is facing some tough times ahead. The company recently announced that it will be cutting 10% of its workforce, which amounts to approximately 17,000 employees. This decision comes as...
Frontier Group Holdings Stock Analysis: Reasons for 38% Decline (NASDAQ:ULCC)
Frontier Group Holdings, the parent company of Frontier Airlines, has seen a significant decline in its stock price, with a 38% drop in recent months and over 60% decrease in the past year. This...
Natural Gas Losses Bottoming Out Despite Seventh Day in Negative Territory
Natural Gas has been facing a losing streak for the seventh consecutive day, with prices continuing to drop. The reason behind this decline is the fact that European gas storages are filling up rapidly,...
Australian Dollar Weakens as PMI Data Disappoints
The Australian Dollar has been facing significant declines recently due to fading RBA gains and disappointing PMI data. The AUD/USD pair has been testing key support levels, with selling pressure originating from Asian markets...