devhealthylife1@gmail.com

Carvana shares fall 14% following short-seller accusations

Carvana shares fall 14% following short-seller accusations

A Carvana used-car vending machine displays vehicles in Miami, Dec. 9, 2022. Joe Raedle | Getty Images Shares of Carvana plummeted 14.2% Wednesday following short-seller accusations that the online used retailer overstated earnings with the help of businesses controlled by CEO Ernie Garcia III’s family.  Gotham City Research alleged Wednesday that the online used car…

Read More
Samsung’s fourth-quarter profit triples, beats estimates as AI chip demand fuels memory shortage

Samsung’s fourth-quarter profit triples, beats estimates as AI chip demand fuels memory shortage

Headquarters of Samsung in Mountain View, California, on October 28, 2018. Smith Collection/gado | Archive Photos | Getty Images Samsung Electronics reported an over threefold surge in fourth-quarter profits on Thursday, hitting a new record and beating analysts’ estimates, as a memory chip shortage and strong demand for artificial intelligence servers lifted earnings. Here are…

Read More