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News of New York
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11 May
28
Palantir's earnings growth Palantir shares fell amid a correction in the stock market despite the company reporting strong revenue growth in the first quarter, exceeding Wall Street forecasts. Palantir's earnings growth is forecast to slow in the se
11 May
144
PayPal is "super app"
PayPal is preparing to introduce a number of new features in the third quarter as its management sees the company's future in the concept of a "super-app" with capabilities that go far beyond the payment function alone.
PayPal
11 May
229
US inflation
Recent surveys have shown that Americans are bracing for the highest inflation rate since 2013, according to the New York Fed. Rising prices could slow the pace of the US economic recovery.
Concerns about rising inflation in the US int
9 May
909
$750,000 fine
Tesla will pay a fine of $750,000 and is undertaking a small-scale distributed energy project based on its own solar roofs, to resolve air quality violations at its plant in Fremont, California.
It is worth noting that a spokesperson
7 May
1643
Dow Jones index hits record high
The Dow Jones on Thursday hit a new record at the close of stock trading for the second day in a row on the back of positive momentum in the US economic recovery.
The Dow Jones rose 318.19 points (0.93 per cent) to
7 May
1769
Shares plummet
Moderna (NASDAQ:MRNA) shares tumbled more than 10% at the opening of trading in New York on Thursday on the back of the Biden administration's decision to support a COVID-19 vaccine intellectual
6 May
1958
Business growth at risk
Uber has reported record-low losses for the first quarter of 2021, thanks to the sale of its unmanned car division. However, Uber shares have fallen as investors see headwinds to profitability this year.
Uber (UBER) shares f
