Stations for electric cars
Tesla shares have not reacted to news of the opening of Tesla Supercharger stations for other electric vehicles, but analysts are welcoming the move. Tesla has struck a nickel supply deal with...
Subscriber growth and plans
In Netflix's second-quarter report, the company reported revenue growth of 19%, above estimates, with the number of new paid subscribers also surpassing Wall Street estimates. Netflix said it would add...
Marketplace for stock trading
Exchange operator Nasdaq Inc. plans to spin off its private equity marketplace into a separate segment in partnership with a group of US banks, including Goldman Sachs G...
Donald Trump's company
Donald Trump's companies generated about $2.4bn in revenues during his four years as US president, Forbes magazine said on Monday.
Also, as noted in the publication, the calculations are based on an analysis of documents, inc...
UBS earnings
Net income at UBS Group AG, the global leader in wealth management, rose 63% to $2.01 billion in the second quarter of 2021, up from $1.23 billion in the same period a yea...
Correction in the US market
After the US Federal Reserve expressed confidence in the economic recovery some time ago and signalled that a tightening of its already ultra-soft monetary policy would begin somewhat earlier than planned, US stock indice...
Sustainable infrastructure investments
Generate Capital, a green infrastructure investment company, announced on Monday that it has raised $2 billion in new funding.
The new funding brings the company's balance sheet close to $10bn after a $1bn rou...
Friday trading
US stock indices ended Friday's trading lower on inflation concerns. The second quarter reporting season also remains in the spotlight. This week, major US banks and a number of other companies ...
Entering new markets
Investors in General Motors are now assessing the pace of the company's transition to electric vehicles and the chances of competition. But GM shares can get a boost not only from successes in the electric car market, but also i...
Bank of America earnings
Net income of Bank of America Corp (NYSE:BAC)., one of the largest U.S. banks, increased 2.7 times in the second quarter to $8.96 billion, or $1.03 per share, from $3.28 billion, or 37 cents per share, in the same ...
Mark Zuckerberg's stake
Facebook founder Mark Zuckerberg has been selling shares in the company he owns almost every working day since November 2020, bringing his stake down to 14%. This was reported by Forbes magazine on Tuesday...
Trading on Tuesday
US stock indices declined in trading on Tuesday, retreating from recent records. Investors were assessing June US inflation data as well as quarterly reports from some of the country's largest banks.
US consumer prices (CPI) jump...
JPMorgan's profit
JPMorgan, the biggest US bank by asset size, posted strong earnings growth on the back of a release of reserve funds and a significant jump in investment banking revenues.
JPMorgan Chase Co. (JPM...
Soda demand
PepsiCo Inc (NASDAQ:PEP) raised its earnings forecast for 2021 on Tuesday, betting on rising demand for carbonated drinks in cinemas, restaurants and stadiums as viewers return after the easing of ...
Production problems
Boeing Co (NYSE:BA). is likely to face additional delays in delivering its products to customers due to the discovery of a manufacturing defect on its popular 787 Dreamliner wide-body aircraft, ...
License to fly into space
The U.S. Federal Aviation Administration (FAA) has approved a license for Blue Origin to fly suborbital spacecraft New Shepard with people on board. This was reported by Reuters on Monday, citing a statement from&...
Fine for Google
France's antitrust regulator has issued a €500m fine against Google, the regulator said in a statement on its website on Tuesday.
It noted that "the regulator fined the company for failing to comply with several court orders is...
Large-company stocks
US stock indices rose in trading on Wednesday, with the S&P 500 and Nasdaq Composite reaching record highs at one point in the session.
The Dow Jones Industrial Average index rose 25.00 points (0.07%) to 34602.37 points.
T...
Company shares and new head
Amazon shares rose 7% in the past two trading days after CEO Jeff Bezos handed over to Andrew Jassy, who headed AWS's cloud division. A big boost to the stock was the Pentagon's decision to cancel ...
Company shares on the New York Stock Exchange
Shares in taxi service Didi Global Inc ADR (NYSE:DIDI) plummeted 20% on the New York Stock Exchange premarket after Chinese authorities blocked the company's ability to get new customers and ordered mobi...
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