Markets and investing

Volkswagen Halts Electric Golf Development Amid Major Cost-Cutting Measures

Volkswagen has suspended development work on its all-electric Golf at the Wolfsburg headquarters as part of a broader restructuring plan involving significant job cuts and potential plant closures across Germany…

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Markets and investing

Reddit and Pinterest Shares Plunge Amid Weak User Growth and Revenue Misses

Shares of Reddit and Pinterest fell sharply on Friday as both companies reported disappointing metrics. Reddit warned that Google's AI-driven search changes are reducing referral traffic, while Pinterest missed revenue…

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Markets and investing

Gates Industrial Shares Drop 3% on Weak Full-Year Outlook Despite Q3 Earnings Beat

Gates Industrial Corporation reported third-quarter earnings that surpassed analyst expectations, yet its stock declined in pre-market trading due to a full-year guidance projection that fell short of market consensus…

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Markets and investing

Federal Realty Surpasses Q3 Estimates and Boosts Full-Year Outlook

Federal Realty Investment Trust reported third-quarter earnings that exceeded analyst expectations, driven by strong leasing activity and rent growth. The company subsequently raised its full-year 2026 guidance for both…

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