Greg Morcroft - Author for 24/7 Wall St.
Lastest Stories by Greg Morcroft
Activist hedge fund TCI Fund Management wants Google parent Alphabe to aggressively cut costs and losses in long-term investments like its self-driving car unit Waymo.
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Paul Singer's activist fund Elliott Management has disclosed new positions in Clarivate and Triple Flag Precious Metals.
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Activist investor Dan Loeb’s Third Point funds has disclosed new stakes in Range Resources and Comstock Resources.
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Amazon Reviewing Alexa, Other Money Losing Businesses as it Searches For Cost Cuts: Wall St. Journal
Amazon CEO Andy Jassy is leading a cost-cutting review at the company and is paring back nonprofitable businesses.
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Rivian has reaffirmed its full-year outlook, calming investor fears about its latest loss report.
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Beyond Meat shares took a wild ride after the company reported worse than expected earnings further cost cutting plans.
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German athletic apparel company Adidas has named Bjorn Gulden from rival Puma as its new chief executive officer.
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DraftKings shares recovered some of their steep loss as investors digested the company's latest earnings report.
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Crown Holdings has set a shareholder rights plan, commonly called a poison pill, to defend against activist Carl Icahn's recent purchase of a big stake in the company.
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Nikola Chief Executive Officer Mark Russell said on Thursday's conference call that he's resigning immediately.
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Pfizer said it will have about $2 billion more COVID-19 vaccine sales than previously expected and now sees the Comirnaty vaccine generating $34 billion in sales this year
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Self-driving truck maker TuSimple has fired its co-founder and chief executive following reports of several federal probes.
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Wingstop shares rallied after the company posted third-quarter financial results this week.
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Coca-Cola says it will unveil new, smaller packaging to meet the reality of consumer inflation.
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Beyond Meat has unveiled a new product and marketing campaign called Beyond Steak.
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