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Intel disputes $1.2bn fine imposed in 2009
26 January 2022
Fine for Intel Intel Corporation (NASDAQ:INTC) has challenged a $1.2bn fine handed down by the European Commission in 2009 in a case to force rival AMD (NASDAQ:AMD) out of the processor market. This was reported by Bloo
Dow Jones futures up more than 200 points
26 January 2022
US stock futures Stocks have fluctuated this week amid heightened focus on the Fed meeting and whether the US central bank will clarify how quickly it plans to tighten credit and potentially slow the economy. Some on Wall Street fear that the Fed co
Microsoft's quarterly revenue up 20% year-on-year
26 January 2022
Microsoft report Microsoft Corporation's revenues reached $51.7 billion for the quarter ended December 31, 2021, up 20 percent from the same period the year before. The data released by the company's press office on Tuesday showe
Paccar inc. beats fourth-quarter earnings and revenue estimates
25 January 2022
Truck manufacturer's report PACCAR released its fourth-quarter results on Tuesday, which beat analysts' estimates. The earnings figure exceeded forecasts. PACCAR, which is owned by Zacks Automotive Domestic Industry, reported re
Nvidia wants to abandoning $40 billion purchase of ARM
25 January 2022
Nvidia and ARM Nvidia Corporation (NASDAQ:NVDA) is preparing to back out of buying UK chip developer Arm from SoftBank Group (T:9984) amid problems with regulatory approval of the deal, Bloomberg writes citing sources. According
Index futures are declining: Johnson & Johnson beats Wall Street expectations
25 January 2022
Stock indices on Tuesday US stock indices will open lower, which could be another volatile session for investors after Monday's strong swings. Nasdaq Composite futures are down 2%, while S&P 500 and Dow Jones futures are down about 0.7%. On Tue
Index futures fall in price after disappointing Netflix forecasts
21 January 2022
Stocks and Futures Futures tracking the Nasdaq 100 index fell on Friday after a weak forecast from streaming giant Netflix sent its shares and rival securities tumbling, while major Wall Street index
Mars announces M&M's advertising characters will become more modern
21 January 2022
Revamped characters US company Mars will update the look of the characters used in its M&M's chocolate advertisements, making them more modern and inclusive. A statement to this effect has b
Luminar shares up 16%
21 January 2022
Luminar on the stock exchange Shares in US lidar maker Luminar Technologies jumped 16% to $15.63 a share in early trading on the back of its partnership with Mercedes-Benz. NASDAQ trading data showed this. According to a press releas
Union Pacific's fourth-quarter profit up 24%
20 January 2022
Company report Union Pacific (UP) today reported fourth-quarter results that beat analysts' estimates. The earnings figure exceeded forecasts. The company reported earnings per share of $2.66 and revenues of $5.73B. However, analysts had projected
Wall Street's banks earn record amount for IPOs in 2021
20 January 2022
Top banks JPMorgan Chase (JPM), Goldman Sachs (GS), Bank of America (BAC) and Citigroup (C) are on the list of banks that made the most money from IPOs, initial public offerings, in 2021. Market analysts say that will change in 2022. The latest fin
Amazon to open its first clothing retailer in 2022
20 January 2022
Amazon as a fashion shop US corporation Amazon will open its first Amazon Style apparel retail shop this year and it will be located in Los Angeles, California. This is according to a press release posted on the company's website on T
Procter & Gamble shares jump 4% and revenues for the quarter up 6%
19 January 2022
P&G on the stock exchange Procter & Gamble (NYSE:PG) shares soared 4.14% to $163.33 in the moment. As of 1:00 p.m. ET, the stock was up 4.26% to $163.04 per share. This is evidenced by the NYSE trading data. The consumer products company re
Sony shares fall due to Microsoft deal with Activision Blizzard
19 January 2022
Gaming business Sony Group shares fell on Wednesday after Microsoft's (NASDAQ:MSFT) acquisition of Activision Blizzard (NASDAQ:ATVI), a prominent US game maker, over fears that increased competition in the field could hinder the Japanese conglomerat
Goldman Sachs stock fall after report
19 January 2022
The report and the bank's shares Goldman Sachs (GS) shares are falling following a fourth-quarter earnings report worse than forecast by Wall Street analysts. Goldman Sachs, like JPMorgan earlier, reported a drop in financia
Largest NFT token trading platform worth more than $13bn
18 January 2022
NFT token trading The value of OpenSea, the largest non-fungible token (NFT) trading platform, has reached the $13.3 billion mark, with investors putting up $300 million in its latest round of fundraising, co-founder Devin Finzer wrote in a blog pos
Reporting season this week
17 January 2022
Reports from companies This week's financial reports will be released by Goldman Sachs, Bank of America, Netflix, UnitedHealth, Alcoa and others. Wall Street analysts give their predictions on what investors s
JPMorgan shares fall after 2021 financial report
15 January 2022
JPMorgan after report JPMorgan Chase (JPM) shares fell sharply on Friday, even though the biggest US bank posted earnings per share and final quarter 2021 earnings above Wall Street forecas
Spider-Man comic book page sold at auction in the US for $3.36m
14 January 2022
Spider-man at auction A page of the Spider-Man comic book was sold for $3.36 million at a Heritage Auctions auction in Texas. It was announced on Friday by the British TV channel Sky News. According to him, the il
Tesla starts accepting Dogecoin
14 January 2022
Tesla and cryptocurrency Tesla has announced that it will accept Dogecoin cryptocurrency as payment for certain goods. The company has announced it will accept Dogecoin cryptocurrency as payment for&
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