Strong revenue growth
Visa and Mastercard posted stronger-than-expected quarterly results than Wall Street had anticipated, driven by growth in consumer spending on entertainment and tourism.
Visa (V) and Mastercard (MA) shares rose after post...
State of the stock market on Thursday
Facebook (NASDAQ:FB) shares fell 3.1% on the New York Stock Exchange premarket on Thursday after the social media giant warned of a significant slowdown in revenue growth in the current third quarter and next.
...
Facebook's earnings
Facebook reported record revenue growth in the second quarter. However, Facebook shares fell after the company's chief financial officer warned that it expected a "significan...
Working remotely again
Twitter, which owns the social networking site of the same name, has temporarily closed two offices in the US after two weeks of abandoning remote working. A company spokesperson said in a statement on Wednesday.
"Twitter has...
Boeing's profits
Boeing reported profits and revenue growth of 44% in the second quarter as airlines resumed orders for the company's commercial jets. Analysts suggest Boeing is starting to emerge from a deep crisis.
Shares in Boeing (BA)...
Google's report
Global digital advertising giant Google has posted a strong quarter, with results beating Wall Street expectations. Revenues at Google Cloud rose 54.3%. Shares were up 3.8% before the opening bell.
Shar...
Revenue growth and forecasts
Microsoft reported stronger fourth fiscal quarter results than Wall Street expected on Tuesday. Component shortages for Xbox and Surface were offset by strong sales of Azure, software products and dig...
Apple report
Apple's financial report showed strong growth compared to last year's difficult year, beating forecasts and reporting a 50% increase in iPhone sales. However, this growth rate will not continue due to chip shortages.
Apple (AAPL) repor...
E-commerce tech
Chief Executive Officer Doug McMillon is interested in expanding his company's revenue streams beyond its core retail business.
As early as Wednesday, small and medium-sized retailers will be able to buy technology that Walmart has ...
Trading on NASDAQ
Shares in Lucid Motors rose 10.6 per cent on Monday in its first day of trading on the NASDAQ exchange. The company has become the fourth most valuable electric car m...
Ahead of reports
Stock futures declined in early morning trading on Tuesday on the back of upcoming quarterly earnings reports from several technology companies.
Dow Jones futures were down 205 points, S&P 500 and Nasdaq 100 futures also traded...
Company profits and chip shortages
Tesla expectedly beat Wall Street estimates for second-quarter earnings and revenue. However, due to battery material shortages and a shortage of chips, Tesla will not b...
Swap for contract
Blue Origin and Amazon founder Jeff Bezos has offered to finance part of the US National Aeronautics and Space Administration's (NASA) budget deficit in exchange for a contract to develo...
On the eve of an IPO
Robinhood, whose investment app allows you to trade stocks and cryptocurrencies, held an unconventional public roadshow, inviting all potential investors.
Robinhood's initial public offering, or IPO, wi...
Electric car production
By 2022, Mercedes-Benz expects to have battery electric vehicles (BEVs) in all the segments it serves. Starting in 2025, all new models will be electric only, for which the company will create three new platforms in 2025, des...
Record update
Futures on the Nasdaq high-tech index hit an all-time high on Friday on the back of strong quarterly results from social media operators and in anticipation of US business activity...
Lucid Motors' exit to the stock exchange
Electric car maker Lucid Motors was about to go public on the New York Stock Exchange through a merger with SPAC company Churchill Capital Corp IV. However, some of Churchill Capital's shareholders declined t...
Earnings and forecasts
The company reported earnings per share and second-quarter earnings above analysts' estimates, while raising its full-year sales forecast for 2021. However, Intel's current quarter earnings are down.
Intel...
Profit in the first half of the year
Microblogging service Twitter Inc. posted a net profit of $133.654 million for the first half of the year, compared with a loss of $1.386 billion a year earlier, the company said in a sta...
Uber and Transplace
Uber Freight, which brings together carriers and shippers on its platform, has closed a deal to acquire leading international logistics technology solutions provider Transplace.
Uber (UBER) said today it has ...
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