Business

Business

HP shares grew with quarterly profit growth
26 November 2020
3350
4Q Income The largest PC and printer manufacturer HP Inc. reported 4Q revenue, which surpassed Wall Street's estimates. The company also provided a profit forecast for the first quarter that was better than analysts expected. On...
Tesla recalls nine thousand cars in the USA
25 November 2020
2866
Cars are removed from sales American manufacturer of electric cars Tesla will recall more than nine thousand cars in the USA due to defects in suspension and roof lining, according to releases posted on the website of the (NHTS) National Highway Tra...
Dell's quarterly profit increased by 60%
25 November 2020
3084
Dell Profit Dell Technologies Inc.'s net profit for the 3Q 2021 fiscal year ended 30 October was $881 million, or $1.08 per share, compared to $552 million, or $0.66 per share, for the comparative period a year earlier, according to the company's pr...
Binance asked American traders to withdraw funds from the platform
25 November 2020
3204
Assets on the Binance cryptocurrency exchange American traders have received an email from Binance's crypt exchange, according to which they must withdraw all their crypto assets from the platform within two weeks. According to Binance's notificati...
Snap created a competitor for TikTok
25 November 2020
3095
Update to the application Snap on Monday added a new Spotlight tab to its application, which will allow users to watch popular short videos as well as earn money on their videos&n...
Huawei's competitors are trying to gain market share
24 November 2020
3229
Fighting for a part of the market Chinese competitors of Huawei Technologies as well as Xiaomi, Vivo and Oppo are trying to gain market share from a large company. After the tougher US sanctions have broken Huawei's supply chain. Last week, Huawei ...
Pinterest shares grew by 250%
24 November 2020
3016
Pinterest on the stock market Pinterest shares were among the winners on the stock market this year in the difficult conditions of the coronavirus pandemic. The year 2020 was a turning point for Pinterest (PINS). From its IPO&nb...
Physical shops in the USA may lose customers on Thanksgiving Day
24 November 2020
3377
On the eve of Thanksgiving Surveys in the US show that 57% of consumers may not go to physical shops this Black Friday due to the risk of COVID-19 contamination. This could i...
Indices of Western Europe are on the rise
23 November 2020
3085
World stock indices Western European stock indices are rising during trading on Monday in anticipation of a coronavirus vaccine. The British FTSE 100 rose 0.34%, the German DAX rose 0.8% and the French CAC 40 rose 0.65%. Italian FTSE and Spanish IB...
Nike increased its dividends by 12%
23 November 2020
2954
Profits are growing faster than sales On Friday, NIKE Inc. shares. (NKE) increased following the announcement of a 12% or $0.275 increase in quarterly dividends from $24.5 to $27.5 per share (ordinary A and B classes), representing a return of 0.83%...
DeFi project Pickle Finance lost $20 million in a hacker attack
22 November 2020
3237
Phishing attack by hackers At the end of Saturday, one of Pickle Finance's liquidity pools lost $20.16 million. Unknown hackers placed stolen funds at the address of their purse. DeFi project developers don't know what kind of code vulnerability ha...
New York Stock Exchanges on Friday
21 November 2020
3224
Friday Stock Exchange Pfizer's shares (NYSE:PFE) rose 1.9% at the NYSE pre-market on Friday after the pharmaceutical giant announced that it would apply to the FDA (US Food and Drug Administration) o...
Company shares on the New York Stock Exchange
20 November 2020
3121
New York Stock Exchange At the NYSE pre-market on Thursday, Sonos shares (NASDAQ:SONO) soared 21% after a loudspeaker manufacturer reported good earnings in the fourth quarter of the fiscal year as people began to invest more in home audio systems d...
Transaction between GM and Nikola
20 November 2020
3208
Cooperation with Nikola Due to the publication of a report on the General Motors website mentioning the cooperation with Nikola, the shares of the electric truck manufacturer jumped from $22 to $27.34 in ...
IBM acquired two companies
20 November 2020
3219
Two acquisitions in one week This week IBM acquired the financial and analytical IT company TruQua, which will expand its services in migrating financial platforms to SAP, and Instana, which will strengthen IBM's positi...
Nvidia reported revenue growth in Q3
20 November 2020
3262
57% revenue in 3Q Nvidia announced revenue growth of 37% in the Games segment and 162% in the Data Centre segment. However, shares have fallen. Nvidia warned that data centre revenues will fall in Q4. Nvidia shares (NVDA), ...
The luxury market has prepared for its first fall in 10 years
19 November 2020
3029
The first market decline in 10 years The global market for the personal suite category (clothing, footwear, watches and accessories) will decrease by 23% to EUR 217 billion this year. Such a forecast is given by the experts of&nb...
Quarterly profits of Target exceeded projections
19 November 2020
3174
Shares of Target American retailer Target Corp (NYSE:TGT) reported quarterly profits on Wednesday, which were higher than forecast thanks to the growth in online sales due to fast delivery. The company's shares gr...
Apple will reduce fees at the App Store for small businesses
19 November 2020
3175
Applications in AppStore Apple (NASDAQ:AAPL) on Wednesday said it will cut the fee charged to application developers for accessing the App Store by half (up to 15%) ...
NIO reported quarterly results
18 November 2020
2843
Quarterly company results Chinese electric car manufacturer Nio has increased its deliveries 2.5 times compared to last year's figures. NIO gave a strong forecast for the fourth quarter. Chinese electric car maker Nio (NIO) announced on Tuesday, af...
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