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Stocks rise as investors ignore signals of Fed cutbacks
23 September 2021
US stock indices continued to rise on Thursday As investors embraced the Federal Reserve's plans to cut asset purchases and raise interest rates. The Dow Jones Industrial Average index rose 230 points, or 0.67%, while the&nb
Uber shares up 11.5%
22 September 2021
Uber shares after forecast Uber (UBER) said it could make up to $25m in profit in the third quarter on the back of improvements in both its taxi and delivery services. Uber shares posted their strongest one-day gain since early 2021. Uber (UBER) sh
Companies are actively recruiting as labor shortages continue
22 September 2021
Employee shortage Large corporations from Amazon to UPS have announced hiring in recent weeks a welcome sign for the labour market and the economy as a whole US employers added just 235,000 jobs in August, a surprisingly weak gain after two months o
FedEx report reveals supply chain problem and rising labor costs
22 September 2021
The state of the company's stock FedEx (FDX) shares fell 4.4% in after-hours trading after its financial report. The second US delivery company lowered its profit forecast for fiscal 2022 and said rising labour costs an
Stock indices fell on Monday
21 September 2021
Crisis in the making Nasdaq Composite, S&P 500 and Dow Jones fell sharply on Monday, with the financial sector hardest hit shares of major US banks JPMorgan Chase (JPM), Goldman Sachs (GS) and others fell by 3% or more. The market sees risks in
FedEx and UPS make online shopping more expensive
21 September 2021
The price of delivery Delivery tariffs are rising faster than they have in nearly a decade, increasing pressure on merchants to raise prices or find other ways to offset higher costs. FedEx Corp on Monday said delivery rates will rise by an average
Cisco gives growth forecast for 2025
17 September 2021
Outlook for the future. Cisco (CSCO) shares rose slightly after the company gave a forecast to increase the share of the more profitable segment in its overall business and gave a revenue growth forecast for 2
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
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
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
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