Board renewal
Rolls-Royce's biggest investor, US investment firm Causeway Capital Management, has backed a board renewal at the British company, emerging from the worst recession in the history of the aviation industry. It w...
Affirm & Amazon
Fintech newcomer Affirm (AFRM), a consumer lending company, on Friday announced a partnership with Amazon (AMZN). A limited number of Amazon customers will be able to make instalment payments of $50 or more th...
Rivian's IPO
Electric SUV maker Rivian on Friday said it had filed for an IPO with the SEC. The media report a potential market valuation of $80bn for Rivian. However, this valuat...
The US stock market on Friday
Trading ended Friday with gains in the oil and gas, commodities and financial sectors.
At the close of trading on the New York Stock Exchange, the Dow Jones gained 0.69%, the S&P 500 index rose 0.88%...
Peloton forecasts and statement
Peloton (PTON) reported a worse quarterly loss than analysts expected and also gave a weaker outlook for the current quarter. Investors should not expect profitability from Peloton before 2023.
Pe...
Xpeng report
Chinese electric vehicle maker XPeng (XPEV) has released a report with new record shipments and revenues, and has also given a 26% growth forecast for shipments in the current quarter. XPeng is ramping up production and starti...
Model Y in Europe
Tesla (TSLA) continues to achieve its goal of expanding sales in more markets. The first Model Ys appeared in Europe earlier this month.
Tesla (TSLA) this month began mass deliveries of...
The company's earnings
After Salesforce reported its most incredible quarter in the company's history, its shares rose. Also, the company safely completed a deal with Slack, at the same time that the app's revenues rose 39% for the quarter.
Salesfo...
The US stock market on Tuesday
Tuesday's trading closed with gains in the oil and gas, commodities and consumer services sectors.
The Dow Jones rose 0.09%, the S&P 500 rose 0.15% and the NASDAQ Composite rose 0.52% at the close of tra...
Virgin Galactic target price
Bank of America Corp (NYSE:BAC) has cut its target price on Virgin Galactic (NYSE:SPCE) shares by 39%, from $41 to $25, Market Insider reports.
Analysts at the bank noted delays in the ...
General Motors plants
General Motors shares fell 3.5% on Thursday after the company said temporary production stoppages at its plants in North America, Canada and Mexico would continue due to a chip shortage, leading&nb...
Asian news
SoftBank has managed to raise more than $6 billion by liquidating its shares in companies such as Facebook, Microsoft, Alphabet, Salesforce.com and Netflix and another $4 billion in partial sales of stakes in Uber Technologies&n...
The future is coming
Tesla has unveiled a special D1 chip to create the fastest computer for learning artificial intelligence. Elon Musk has promised to build a prototype Tesla Bot humanoid robot next year.
T...
Best time to buy Uber shares
Uber shares are trading at a lower price today than on the first day of trading. However, investors have four strong arguments for buying Uber stock right now to take advantage of the lower price.
Uber (UBER) shares are...
Stock market trading on Thursday
The Dow Jones Industrial Average US stock index fell for the third straight session on Thursday, while gains in technology stocks contributed to gains in the S&P 500 and Nasdaq.
The Dow Jones Indu...
Doubling revenues
Shares in Robinhood fell 12% as a forecast slowdown in trading in the current quarter outweighed news that the company doubled its earnings in Q2.
Online trading company Robinhood (HOOD) rep...
Digital Marketing Consultant, Thais Soalleiro (32) has over a decade of experience in the marketing industry. Born in the town of Santos, Sao Paulo, Brazil, her work has taken her far beyond the borders of her native country having worked on projects...
Nvidia's earnings
The world's largest maker of graphics microchips for video games and artificial intelligence chips for data centres Nvidia Corp (NASDAQ:NVDA) on Wednesday reported second-quarter revenue...
Authorities put pressure on Alibaba Group
Alibaba (BABA) shares on the US exchange NYSE fell 4.9 per cent on Tuesday, to two-year levels, due to the release of tougher antitrust rules from China. Market analysts point to fiv...
Xpeng plants
Shares in Xpeng (XPEV) rose following news of the company's plans to double its production capacity from 100,000 to 200,000 electric cars a year to increase competition with Li Auto, Nio and Tesla in C...
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