Nate O'Hara

Nate O'Hara

Nathan is a seasoned commerce writer with a passion for unraveling the intricacies of the business world and distilling them into engaging narratives. During his academic journey, he delved deep into subjects like economics, marketing, and entrepreneurship, honing his analytical skills and developing a keen understanding of market dynamics.

Pandemic Era Profitable Companies Lose 1.5 Trillion in Market Value

Fifty corporations that thrived during the coronavirus pandemic have collectively lost approximately $1.5 trillion in market value since the close of 2020, as investors shift away from many of the stocks that surged during the early lockdowns. Data from S&P ...

Whatsapp Warns Users of A Profile Hack & How to Avoid it

In 2024, the persistence of a simple yet damaging WhatsApp hack remains a significant concern, with victims worldwide falling prey to it. While other tech giants like Apple, Google, and Microsoft have taken steps to address vulnerabilities in their platforms ...

Multiple Private Equity Firms Interested in Peloton Buyout

According to sources familiar with the matter, several private equity firms are considering a buyout of Peloton as the connected fitness company aims to refinance its debt and regain momentum following 13 consecutive quarters of losses. In recent months, Peloton, ...

Disney Shares Down By 10% While Company Reports Steady Progress in Business

Disney released its fiscal second-quarter earnings on Tuesday, surpassing analyst estimates after narrowing its streaming losses. However, shares of the company plummeted 10% as it fell short of revenue estimates for the fourth consecutive quarter and provided a softer outlook ...

Streaming Business Set Up By Disney is Evident Coming Close to Profits

After five years of strategic investment, Disney came close to achieving profitability in its streaming units during the fiscal second quarter, reporting a modest loss of $18 million across Disney+, Hulu, and ESPN+. This marks a significant improvement from the ...

Amgen And Other New Players Making Weight Loss Drugs Bring A Threat to Novo Nordisk and Eli Lilly

The weight loss drug market, long dominated by Novo Nordisk and Eli Lilly, is on the brink of a significant shake-up as a new contender emerges. Amgen, a prominent player in the pharmaceutical industry, is leading a group of drugmakers ...

Uber Beats Revenue Expectation for First Quarter Yet Reports Net Loss

Uber’s first-quarter results, released Wednesday, edged slightly above analysts’ revenue estimates but came with an unexpected net loss, causing shares to drop over 6% in premarket trading. Uber’s revenue increased by 15% in the first quarter compared to the previous ...

Stanley Druckenmiller Reveals A Decrease in NVIDIA Investment, Thinks AI Hype is Short Term

Billionaire investor Stanley Druckenmiller disclosed on Tuesday that he significantly reduced his substantial investment in chipmaker Nvidia earlier this year, citing concerns that the rapid surge in artificial intelligence might be excessive in the short term. “We did cut that ...

PWC and EY Fined A Combined £9.3 Million for Auditing Failures in Accounts of London Capital & Finance

“Big four” accountancy firms PricewaterhouseCoopers and EY have been fined a combined £9.3m for a series of failures in auditing the accounts of London Capital & Finance, the collapsed mini-bond firm that wiped out the investments of thousands of savers. ...

Japanese Companies Reveal the First 6G Prototype Device

A consortium of leading Japanese telecommunications companies has revealed a groundbreaking achievement: the world’s first high-speed 6G prototype device. This technological marvel boasts data transmission rates reaching an impressive 100 gigabits per second (Gbps) over distances exceeding 300 feet. This ...