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Apple presentation: the company showed the iPhone 13 and watch with a larger screen
15 September 2021
Key takeaways from Apple's presentation Apple shares rose slightly after the company's annual presentation, where it unveiled its new iPhone 13 range, the new iPad and iPad mini 2021, Apple Watch Series 7 and updates to
Costco struggles with rivals
15 September 2021
At Costco, the number of visitors exceeds pre-pandemic levels In recent months, customers have returned to warehouse clubs at levels above pre-pandemic levels and Costco has shown overwhelming strength in terms of market share, a new report reveals.
Fintech startup Pagaya approaches SPAC Acquisition Of 9.90 billion
15 September 2021
Deal with SPAC A source familiar with the matter said Pagaya Technologies Ltd. was nearing an agreement to put a value of about 9.90 billion toward a joint public offering through a merger with a specialty acquisition company. Pagaya, based in New
Alibaba shares are back to lows
14 September 2021
Unbundling Ant Financial Beijing makes plans to separate financial giant Alipay Ant Group, which is 33 percent owned by Alibaba. Also, Beijing indends to create a separate credit reporting app that would be partly
US GDP forecasts lowered by several reputable firms at once
14 September 2021
US GDP forecasts down The US economy is set to decline sharply in the third quarter Goldman Sachs, Morgan Stanley, Oxford Economics and the Atlanta Fed have all cut their GDP growth forecasts sharply in recent weeks. The effects of the rapid spread
Oracle is running out of revenue as it increases its investment in cloud technology
14 September 2021
Oracle's report Oracle (ORCL) shares fell 1.9 percent after the report as the company reported quarterly earnings below analysts' average expectations. Oracle continues to grow its cloud business by increasing inve
Shipping options sell out as businesses try to recover from the pandemic
13 September 2021
Shipping Integration The consolidation of shipping over the past 5 years has exacerbated supply chain problems caused by the occurrence of Covid-19, further delaying the movement of cargo across the sea. Cargo owners and forwarders say that a handf
MTV Video Music Awards 2021: Performer of the year and best music video of the year
13 September 2021
MTV Awards Canadian singer Justin Bieber was named MTV Video Music Awards 'Performer of the Year' on Sunday. Bieber said the past year had been challenging for everyone, including the coronavirus pandemic, and gave special thank
Democrats in Senate call for taxation of share buy-backs
13 September 2021
Tax on share buy-backs Democrats in the US Congress want to impose a 2% tax on share buy-backs by companies to raise $270bn to fund the $3.5 trillion welfare bill. On Friday, two senior Democrats in the US Senate introduced a proposal to impose a 2
New York prepares to host UN General Assembly
12 September 2021
UN General Assembly in New York The ongoing spread of the coronavirus around the world is clearly having an impact on the UN General Assembly regular session which opens on 14 September, but the very pres
Burger King creates celebrity meals
11 September 2021
Menu with celebrities Burger King recently announced its collaboration with Nelly and other celebrities to promote the new menu. This is the main reason why Burger King, McDonald's, has managed to create
Apple stock fell after a judge ruled in favor of Epic Games
11 September 2021
The situation of Apple shares after the trial Apple's share price fell more than 2% after the tech giant won a court order on Friday in a legal battle with Fortnite creator Epic Games. With the ban, developers using the&nbs
Intel prepares to enter a new market
11 September 2021
Competition in manufacturing Intel (INTC) is widely known as the global leader in central processing units, while Nvidia and AMD lead the way in graphics chip sales. However, Intel is preparing to release
Moderna is developing a two-in-one vaccine
11 September 2021
2-in-1 vaccine Moderna's shares have increased dramatically after the announcement of the development of a comprehensive booster vaccine that simultaneously protects against new strains of the COVID-19 virus and seasona
Shares of crypto exchange Coinbase fell 3%
10 September 2021
Threaten to sue Coinbase stated the SEC's information of intent to request it in connection with the planned launch of a product that would allow stabelcoins owners to make money. Coinbase (COIN), the world's only cryptocur
Amazon will increase competition for Square, PayPal and Shopify with a new cash register system
10 September 2021
Payment system from Amazon Shares in major digital payments companies Square (SQ) and PayPal (PYPL) as well as Shopify (SHOP) fell sharply on Wednesday following news that Amazon (AMZN) is preparing to offer online and offline retailers its new paym
GameStop shares down 9%
10 September 2021
Losses for three years GameStop (GME) investor enthusiasm continues to fall, despite the video game company's financial report showing quarterly revenues above Wall Street analysts' forecasts. GameStop is perhaps the best-known 'stock meme', but the
The Bill & Melinda Gates Foundation has invested in AI-assisted drug development
9 September 2021
Producing medicines using artificial intelligence The Bill & Melinda Gates Foundation is supporting UK start-ups that want to develop new drugs using artificial intelligence. On Wednesday, the Oxford-based company Exscientia announced the signi
Nvidia expects EU authorities to obstruct approval of its Arm purchase deal
8 September 2021
Nvidia & Arm deal Nvidia (NVDA) shares fell 0.8% on Tuesday after news broke that EU authorities see not enough concessions from Nvidia on the Arm purchase deal to mitigate potential damage to competitors and gain approval from EU antitrust
New York Stock Exchange premarket: Boeing shares down, Match Group up
7 September 2021
New York Stock Exchange premarket on Tuesday Shares in Boeing (NYSE:BA) fell 1% after European budget airline Ryanair, one of the US plane maker's biggest customers, broke off talks over a deal to buy the 737 MAX 10 jets over a disagreement over pri
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