Business

Netflix sinks as Wall Street flees 'stay-at-home' stocks

One day after shares of at-home fitness company Peloton tumbled, Netflix found itself in Wall Street's hot seat Friday as markets reassess the diminishing growth prospects of so-called "pandemic stocks."

Business

Theranos founder Elizabeth Holmes guilty in fraud trial

Fallen US biotech star Elizabeth Holmes was convicted on Monday of defrauding investors in her blood-testing startup Theranos, in a high-profile case seen as an indictment of Silicon Valley culture.

Business

CES tech fair prepares to draw crowds as COVID surges

The Consumer Electronics Show (CES), one of the world's largest trade fairs, returns to Las Vegas in person this week under a newly resurgent pandemic that has supercharged the industry but threatens its downsized expo.

Business

Reddit says it has filed with SEC to go public

Social media platform Reddit said Wednesday it has confidentially submitted a draft registration with the US Securities and Exchange Commission to go public on Wall Street.

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