Denny Jacob

The Wall Street Journal

Virgin Orbit Holdings to Cut Workforce by 85%

By: Denny Jacob

Satellite-launch company to cut expenses after failing to secure meaningful funding.

The Wall Street Journal

More States Join Antitrust Lawsuit to Block JetBlue, Spirit Merger

By: Denny Jacob

The $3.8 billion deal also faces a challenge from the Justice Department over concerns about competition.

The Wall Street Journal

Justice Department Sues Activision Over Esports Leagues

By: Denny Jacob

Government alleges the videogame company imposed rules that limited competition for players and suppressed wages.

Activision Proposes Settlement in DOJ Lawsuit Over Esports Pay

By: Denny Jacob

The government alleged the videogame company imposed rules that limited competition for players and suppressed wages.

The Wall Street Journal

Tupperware Engages Financial Advisers as Near-Term Liquidity Faces Pressure

By: Denny Jacob

Company said the advisers will assist in securing supplemental financing.

The Wall Street Journal

Snap Stock Sinks After Revenue Falls More Than Wall Street Expected

By: Candice Choi, Denny Jacob

Shares of Snap are plunging after the parent company of Snapchat reported quarterly revenue that fell more than Wall Street analysts projected. The shares were recently down 19% in after-market trading. The drop comes after the shares rose more than 6% in the regular session as tech stocks advanced

The Wall Street Journal

Disney Stock Tumbles as Streaming Losses Spook Investors

By: Denny Jacob

The share slump weighs on the S&P 500 and Dow Jones Industrial Average.

The Wall Street Journal

Marvell Technology Stock Jumps as Chip Stocks Keep Rising

By: Denny Jacob

A day after optimism about the future for AI led shares of Nvidia higher, Marvell Technology stock is making its big move with chip stocks continuing to climb. The stock was recently up more than 27%, on pace for its highest close since April 2022. The data-infrastructure-semiconductor-solutions co

The Wall Street Journal

Disney Sees Potential $1.9 Billion Charge From Removing Streaming Content

By: Denny Jacob

Company said it removed certain produced content from its DTC segment on May 26.

The Wall Street Journal

DocuSign Shares Climb With Turnaround Efforts Under Way

By: Denny Jacob

The e-signature company has cut jobs and changed leadership in response to slower growth.