Shares of Twitter plunged Tuesday morning after news that COO Anthony Noto is leaving his post to take over as the top dog at fintech start-up SoFi. Plus shares of Adobe rise on a raised forecast, thanks in part to the Trump tax cuts.
We also break down Netflix earnings, which were out after the bell on Monday. The company added 2 million more subscribers than expected, sending the stock soaring and pushing its market cap above $100 billion for the first time.
And Xerox is in New York to take part in a security summit. We speak with the company's executive vice president and chief commercial officer about what it's doing to protect itself from cyber attacks.
Plus Tesla CEO Elon Musk has a new compensation package. We talk about how you might want to trade the stock if it keeps rising.
JetBlue says it will end a partnership with American Airlines in the Northeast after losing a court fight over the deal, and will instead focus on salvaging its proposed purchase of Spirit Airlines.
Meta has unveiled an app called Threads to rival Twitter, targeting users looking for an alternative to the social media platform owned — and frequently changed — by Elon Musk.
Contract negotiations between UPS and the union representing 340,000 of the company's workers broke down early Wednesday with each side blaming the other for walking away from talks.
Meta is poised to launch a new app that appears to mimic Twitter, marking a direct challenge to the social media platform owned by billionaire Elon Musk.
