Companies | Times Square Investment Journal

Airbnb sees booming third quarter as potential recession looms

by Trina Mannino | Nov 16, 2022

Airbnb saw recording-breaking profits and revenue in its third quarter on Tuesday, bolstering the short-term rental company’s belief that travel demand will continue despite a potential economic downturn. The alternative accommodations platform reported its...

Intel Wants to Use Tax Dollars to Catch Up With its Competitors and Restore Domestic Chip Making

by Andre Beganski | Nov 15, 2022

At dawn on a recent November day in New Albany, Ohio, thousands of construction workers dressed in hard hats and bright yellow vests clocked in at their job sites, tasked with turning what was once acres of farmland into a cluster of cutting-edge facilities. The...

Fox Corp. adds more horror titles to its streaming service Tubi, hoping fake blood will solve real problems

by Lucy Papachristou | Nov 14, 2022

A screenshot from the trailer of “Swamp Zombies 2” (2018), an independent horror film streaming on Tubi. Newton Wallen fell in love with horror movies as a kid while browsing the aisles of his local video rental store. Now an independent horror film...

Crypto Exchange Coinbase’s Earnings Could Continue Falling Amid Trading Decline

by Elizabeth Napolitano | Nov 2, 2022

A steep decline in cryptocurrency trading has plunged Coinbase Global Inc. (COIN) toward deep losses and analysts say there’s no easy fix to lift the company out of the red. Analysts have slashed their estimates for the crypto exchange just days before the company’s...

Intel Moves to Cut Costs and Prioritize Efficiency Amid Slump in Semiconductor Demand

by Andre Beganski | Nov 1, 2022

Intel Corp. has set out to streamline its operations in response to economic headwinds that’ve dragged down demand for semiconductors more than it originally anticipated. The chipmaker said Thursday it expects to save $3 billion in 2023 through cost reductions and...

Fox Corp. revenue likely boosted by midterm elections advertising, packed fall sports season

by Lucy Papachristou | Nov 1, 2022

Mass media giant Fox Corp. is poised to see boosts in revenue this quarter, buoyed by record political advertising spending ahead of the U.S. midterm elections and a busy fall sports lineup. Fox is expected to post gains at a time when Wall Street is worried about...