U.S. indices
The main US stock indices retreated from Monday's session highs by the close, but the S&P and Nasdaq still ended at record levels. Concerns over the timing and size of the fiscal stimulus have dampened optimism at the start of a wee...
Trading is down
Today stock indices of Asia-Pacific countries are falling in trading. Traders continue to monitor the epidemiological situation in various countries, the progress of vaccination in the USA and also await the US Federal Reserve (Fed) ...
Samsung factory in the U.S.
South Korea's Samsung is now one of the recognised world leaders in semiconductor manufacturing thanks to its near-total dominance of the memory chip market, but it is nevertheless struggling...
IBM earnings
U.S. International Business Machines Corp. IBM (NYSE:IBM)) net income fell 2.7 times to $1.356 billion, or $1.51 per share, in the fourth quarter, compared with $3.67 billion, or $4...
Intel beat Wall Street expectations
Intel's Q4 financial report was better than Wall Street estimates thanks to strong PC sales growth, but the forecast for Q1 2021 suggests a decline from last year's figure.
Intel's (INTC) Q4 financial report was ...
Project closure
Alphabet, Google's parent company, is shutting down its Loon high-altitude balloon internet transmission project. Loon CEO Alastair Westgarth wrote this on the company's blog. Also, he said: "Although we have found a number of partne...
U.S. stock indicators
US stock indices ended Wednesday's trading at record highs following the inauguration of US President-elect Joe Biden, who became the country's 46th president.
The Dow Jones Industrial Average index rose 257.86 points (0.83 pe...
Q4 result
The net profit of the world's largest custodian bank Bank of New York Mellon Corp. (BNY Mellon) fell almost twice to $702 million from $1.39 billion in the same period of the previous year. Earnings per share ...
Quarterly results and company forecasts
UnitedHealth reported better fourth-quarter results than analysts had expected, while maintaining its December forecast for the full year 2021.
UnitedHealth Group (UNH) reported higher revenues...
Bitfinex versus state of New York
Cryptocurrency exchange Bitfinex said it needs more time to turn over documents on mutual transactions with Tether to the New York State Attorney General's Office (NYAG)....
Subscriber growth
Netflix posted fourth-quarter results above analysts estimates and reported positive cash flow for the year. The company said it does not need to borrow and can afford share buybacks, while continuing to actively invest in growth o...
Facebook's image
Facebook got another scandal when it tried to impose new data privacy rules on WhatsApp chat room users. Although Facebook's target was only data about WhatsApp users communications with commercial firms, no...
Deliveries to China
Six days after Tesla announced the official launch of Model Y sales made in China, all pre-orders for first-quarter deliveries have been booked. In addition to China, the Model Y from the Shanghai plant will ship to Europe and Au...
Результаты торгов на европейских рынках
Фондовые рынки Западной Европы завершили вчерашние торги преимущественно на положительной территории.
The Stoxx Europe 600 composite index of the region's largest companies rose 0.2 per cent to 408.68 points....
Shares of financial companies
Major US banks JPMorgan Chase (JPM), Citigroup (C) and Wells Fargo (WFC) reported their fourth quarter 2020 results. Shares in all three banks declined on Friday amid a general market decline following a pessimistic gov...
Grab and the U.S. IPO
One of the Southeast Asia region's most promising startups, Singapore-based Grab, is exploring the possibility of a US listing, encouraged by investor interest in an IPO, Reuters reports.
Malaysia-based Grab (also kn...
Company earnings
Net income of Wells Fargo Co (NYSE:WFC). the market leader in mortgage lending and the second-largest U.S. bank by capitalization, rose 4% to $2.99 billion, or 64 cents per share, in the fourth quarter of 2020, up from $2.87 billion...
Affirm quotes
US-based Affirm Holdings, which provides installment loans to online buyers, priced its initial public offering above the market range to raise $1.2bn, Bloomberg writes. The offering was led by Morgan Stanley, Goldman Sachs and Allen C...
The company's growth and new CEO
The Intel board hopes that new CEO Pat Gelsinger (VMWare CEO, formerly Intel's CTO) can successfully continue the company's transformation in the current crisis period.
Intel (INTC) announced on Wednesday that it is...
The first federal cryptocurrency bank in the U.S.
The Office of the Comptroller of the Currency (OCC) within the US Treasury has approved cryptocurrency custodian Anchorage's application for a nationwide 'digital asset bank'...
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