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GameStop, CureVac and Amazon shares rise on pre-market
21 June 2021
Stocks of companies on the stock exchange Amazon (NASDAQ:AMZN) shares gained 0.2% on the New York Stock Exchange premarket after the e-commerce giant launched its two-day Prime Day event, which last year brought it $10.4bn in gross sales. Shares of
Moderna plans to increase production of its vaccines for export
21 June 2021
Increase in vaccine production US company Moderna is building two new production lines, the launch of which will allow it to increase production of coronavirus vaccines by 50%, currently carried
US stock indices down 0.9-1.6%
21 June 2021
US indices The US stock market closed on Friday lower, with the Dow Jones Industrial Average suffering its biggest weekly loss since October 2020. The market was pressured by fears that the US Federal Reserve 
The US stock market closed lower on Friday
19 June 2021
Friday trading The US stock market ended Friday's trading lower amid negative dynamics from the oil and gas, utilities and financial sectors. By the closing bell on the New York Stock Exchange, the Dow Jones fell 1.58% to a one-month low, the S&
Biden says U.S. lockdown not needed again
19 June 2021
COVID in U.S. US authorities predict that the US will not need a second lockdown due to the spread of an Indian mutation of a new coronavirus, the World Health Organization's new Delta strain. US President Joe Biden said this&nbs
Intel ramps up production
19 June 2021
Production increases Intel today announced that it is jointly building a new factory in Italy with communications companies. Intel also said this week that it plans to be a contract manufacturer for Qualcomm. Intel (INTC) plans to aggressively expa
Adobe shares rose on successful report and forecasts
19 June 2021
Adobe's shares rise Adobe shares rose 2.5% in after-hours trading after the cloud software maker reported revenue growth of 23% and gave an outlook for the coming quarter above analysts' average
Ford shares fell
18 June 2021
Second quarter 2021 Ford said on Thursday that its expectations for the second quarter of 2021 have increased compared with April. Ford sees growing demand for its electric vehicles and also points to lower costs a
Fed moves closer to interest rate hike due to rising inflation
17 June 2021
Interest rate hike At the end of the meeting, the Fed brought the timing of the interest rate hike closer to 2023 from 2024. The US central bank also raised its forecast for overall inflation to 3.4%. The stock market w
Exxon shares could rise 40% from current high, with dividend growth of 5% a year
17 June 2021
Exxon's shares and dividend Exxon shares rose 3.64% on Tuesday to their highest in almost 1.5 years after receiving a "buy" rating and a high target price from Bank of America. This was preceded by a rise in oil prices and long-awaited changes to Ex
Oracle and Roblox among premarket losers' pack
16 June 2021
Falling on the premarket Oracle shares fell 5.1% on the New York Stock Exchange's premarket after Oracle predicted its earnings for the current quarter would be below expectations as it ramps up investment in its cloud computing business to&nbs
Chinese shares fell on fears of foreign capital flight
16 June 2021
Chinese stock market Chinese shares ended Wednesday's trading lower, led by the materials and health care sectors, as investors were concerned about overvalued securities and the upcoming US Federal Reserve meeting results. The Shanghai Composite i
Oracle shares fell after report due to higher capital expenditure
16 June 2021
Falling company shares Oracle shares fell 4.6% after Tuesday's close as the company announced it would double its capital investment in cloud services this fiscal year to nearly $4bn. This will have an impact on earnings. Oracle (ORCL) on
General Motors to increase spending on electric vehicles by 30% and open two new battery plants
16 June 2021
New manufacturing plants General Motors will increase its spending on electric cars, following a similar move by rival Ford, and also plans to open two new battery plants, Reuters reports. GM is counting on the US government to help f
Spirit Airlines and Boeing shares rise on pre-market
15 June 2021
New York Stock Exchange premarket Shares in Boeing (NYSE:BA) are up 0.5% following the US and EU decision to end a 17-year dispute over aircraft subsidies for Boeing and its rival Airbus. Biogen (NASDAQ: BIIB) shares were down 0.3% following a fail
EU and U.S. agree to end trade dispute between Boeing and Airbus
15 June 2021
Boeing and Airbus dispute The European Union and the U.S. have reached an agreement to end a long-running trade dispute over Boeing and Airbus that has resulted in more than $10 billion in reciprocal customs duties
Novavax applies for FDA approval of its COVID-19 vaccine
15 June 2021
Vaccine approval application Novavax will be another major international supplier of vaccines against COVID-19, as trials of its NVX-CoV2373 vaccine have shown an overall effectiveness of 90.4% with good tolerability. Novavax expects coronaviru
NVIDIA acquires mapping company DeepMap
15 June 2021
Nvidia and DeepMap NVIDIA shares reacted by rising to the purchase of privately held DeepMap, which makes high-definition mapping software that will help improve Nvidia's in-car chips with machine learning technology. Nvidia (NV
Danish biotech Orphazyme's meme shares plummet 36%
14 June 2021
Orphazyme's meme shares Shares in Danish biotech company Orphazyme (CSE:ORPHA) fell immediately by 36.65% to 51 DKK at the opening of trading on Monday, 14 June on the Copenhagen Stock Exchange. A little late
Wall Street expects a series of reforms with new SEC head
14 June 2021
Wall Street reforms The new head of the US Securities and Exchange Commission (SEC), Gary Gensler, has unveiled 49 solutions to reform Wall Street rules, including a call for stricter regulation of platfo
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