After the close of trading
On Friday, the US stock market experienced a fall, with negative dynamics from the financial, industrial, and commodity sectors.
The Dow Jones dropped by 1.07% to reach a three-month low, while the S&P 500 and NASDAQ ...
Oracle's Cloud Revenue Soars by 45% But Fails to Meet Expectations - Shares Drop in Extended Trading
Oracle report and shares
Oracle Corp. has reported its fiscal third-quarter revenue, which increased by 18% to $12.4 billion, a figure that is just shy of analysts' average estimate of $12.41 billion.
The company's cloud revenue segment, which it h...
The latest romantic comedy from Apple TV+
Looking for your next must-watch romantic drama? Look no further than Ghosted, the upcoming film set to premiere on Apple TV+. With its star-studded cast and promising...
Friday trading result
The US stock market ended Friday's trading mixed, with the consumer goods, telecoms and utilities sectors strengthening.
At the close of trading on the New York Stock Exchange the Dow Jones&n...
Partnership with Twitter
More than half of the advertisers partnering with Twitter have suspended their work with the company due to disagreement with the policies of its owner Elon Musk. This was reported by CNN on Monday.
Some 625 companies, incl...
Citi Mexico unit to be sold
Citigroup is close to completing a deal to sell its Mexico unit. The Financial Times reported this on Monday, specifying that the deal could be worth between $6bn and $8bn.
According to the newspaper, billionaire Germ&aa...
Bill.com and its shares
Shares of Bill.com Holdings (NYSE: BILL) have suffered badly over the past year. The leader in financial automation software has lost more than 60% of its value, even as it is growing rapidly.
The company believes it has a b...
US stock market
US stock indices fell for the third consecutive week in early trading on Friday. Since the start of the week, the Dow Jones has lost 1.1%, the S&P 500 2% and the Nasdaq Composite 2.7%.
However, at the end of trading, the Dow Jon...
Staff cuts at Disney
The Walt Disney Company will reorganise into three divisions and cut 7,000 employees. The company's CEO, Robert Allen Iger, made the announcement on Wednesday during a conference call with investors, Bloomberg reported.
Accordi...
Stock market on Wednesday
US stock indices are down in early trading on Wednesday as traders assess corporate news and wait for new signals from Federal Reserve (Fed) executives, whose speeches are scheduled for the day.
The Dow Jones Industrial Av...
DELL staffing
Dell, one of the world's largest computer makers, has announced planned layoffs of 6,650 people due to a slump in demand for personal computers. It was announced by Bloomberg on Monday.
According to its data, the company's staff will ...
Staffing at major tech companies
Amazon, Meta, Alphabet and Microsoft will collectively spend more than $10bn due to massive layoffs and other austerity measures. The Financial Times reported this on Friday, citing earnings reports.
It said the com...
After the close of trading on Friday
The US stock market ended Friday's trading with gains in the commodities, industrials and technology sectors.
You can read how Friday's trading opened on the stock market at GlobalNY.biz by clicking here.
The D...
Stock market on Friday
US stock indices are moving weak and mixed in early trading on Friday as investors assess US labour market data.
The number of jobs in the United States economy increased by 223,000 in December, the slowest pace since Decembe...
Twitter failed to pay rent
The landlord of one of Twitter's offices in San Francisco has filed a lawsuit against it over the corporation's failure to pay $136,26,000 in rent, The Wall Street Journal reported.
The landlord is see...
Stock exchanges in 2022
Global stock exchanges and bond markets have lost more than $30 trillion in 2022, the most since the global financial crisis of 2008. This was reported by the British Financia...
Sanctions not a problem for Huawei
Huawei says it has emerged from "crisis mode" and has adapted to US restrictions. This was reported by The Wall Street Journal.
According to the newspaper, the company's telecommunications business is growing and,...
A 15-year contract
German energy company RWE has signed a contract with US firm Sempra Infrastructure to supply 2.25 million tonnes of liquefied natural gas (LNG) per year from the US. This was reported by DPA on Wednes...
Rivian in 2022
Rivian's shares are trading at around $19.14, The Street reports. It's worth noting that Rivian is considered a major competitor to Tesla.
Rivian (NASDAQ: RIVN) shares started the year at $103.69. They are currently trading around $1...
Tesla shares
Downside investors have made $15bn since the start of the year on Tesla's plunge, according to MarketWatch.
New research shows that downside sellers have made $15 billion this year by betting that Tesla stock will fall as about $800 bi...
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