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Workday (NASDAQ:WDAY) letting go of 8.5% of its current workforce
$SNAP shares rise after Q4 report
USPS suspends acceptance of international parcels from China and Hong Kong until further notice
Can't bode well for BABA and the like. From the site: **"INTERNATIONAL SERVICE SUSPENSION NOTICE – effective Feb. 4, 2025** Effective Feb. 4, the Postal Service will temporarily suspend only international package acceptance of inbound parcels from **China and Hong Kong Posts** until further notice. Note the flow of letters …
Uber: “Uber ended 2024 with our strongest quarter ever, as growth accelerated across MAPCs, trips, and Gross Bookings,”
Gross Bookings grew 18% year-over-year and 21% year-over-year on a constant currency basis Income from operations of $770 million; Adjusted EBITDA of $1.8 billion, up 44% year-over-year Operating cash flow of $1.8 billion; Free cash flow of $1.7 billion https://investor.uber.com/news-events/news/press-release-details/2025/Uber-Announces-Results-for-Fourth-Quarter-and-Full-Year-2024/default.aspx
AMD Tumbles After Giving Disappointing Outlook for AI Growth
China Weighs Probe Into Apple’s App Store Fees, Practices
AMD Warns weaker Q1 2025 Datacenter Revenue as Nvidia Leads in AI
Despite a strong performance in its financial performance, AMD expects first-quarter data center sales that may fall short of expectations, raising doubts about AMD's competitiveness amid Nvidia's dominance in the AI GPU sector.
Trump Media files to create ETFs using the Truth.Fi name and awards 1MM stock to key cabinet members
DJT filed to create ETFs tracking bitcoin and different US sectors (manufacturing etc.) - https://www.reuters.com/technology/trump-media-files-trademark-investment-products-targeting-bitcoin-us-industries-2025-02-06/ They also gave key cabinet members like Kash Patel (next FBI director), Linda McMahon (Secretary of Education) and Robert Lighthizer (US Trade Negotiator for Trump) 1MM in stock vesting through 2027 - https://www.bloomberg.com/news/articles/2025-02-04/kash-patel-s-800-000-trump-media-award-raises-conflict-questions-for-fbi-pick (Non paywall …
MSTR Rebrands as "Strategy"
https://finance.yahoo.com/news/microstrategy-rebrands-as-strategy-leaning-further-into-its-bitcoin-commitment-201036806.html MicroStrategy (MSTR) announced a splashy rebrand Wednesday that underscored its commitment to its cryptocurrency strategy. The company said it will now do business under the name Strategy and changed its logo to a Bitcoin symbol. In its announcement, Strategy said it is "the world’s first and largest Bitcoin Treasury …