Vaccine effectiveness
BioNTech (NASDAQ:BNTX) and Pfizer (NYSE:PFE) shares weakened in Tuesday's premarket as a study in Israel found that in recent weeks their vaccine began to lose effectiveness in preventing the COVID-19 delta strain and the&...
Taxi service Didi
Chinese giant Didi Global Inc said Beijing's order to remove the taxi-calling service from app shops in China could hit revenues. At the same time, other Chinese companies that recently went public in the US have also been the targ...
Sales in the second quarter
General Motors reported strong growth in its car deliveries in the second quarter, but the figures were slightly below forecasts. Investors see a rapid recovery in the industry after the...
New chip manufacturing technology
Apple and Intel Corp. plan to be the first to use the next-generation chip-making technology developed by Taiwan Semiconductor Manufacturing Company (TSMC). This was repo...
Record sales
Shares of Nio and Xpeng Motors rose on reports of higher sales of their electric vehicles in June than in May, as well as strong second-quarter delivery totals for the full second quarter, despite a global&...
Fiscal Q3 results
Micron reported record sales and a jump in profits in the third quarter and gave a higher outlook for the fourth quarter than market analysts. Micron will sell its Utah plant for $9...
Deal with Arm
Nvidia shares hit a new price high on news of an artificial intelligence (AI) partnership with Google and unexpected support from major semiconductor companies for Nvidia's de...
Forecasts from UBS
Tesla shares fell on Tuesday as UBS cut its target price its growth forecast for the next 12 months was lowered from $730 to $660.
Tesla (TSLA) remains the global leader in electric vehicles, an analyst at Swiss bank UBS said on ...
Tesla CEO's finances
Tesla and SpaceX CEO Elon Musk's fortune has risen by $9.9bn in the past week, Forbes reports.
Musk is in third place on the Forbes list, his fortune is estimated at $165.9 billion. The entrepreneur is ahead of Amazon CEO Jeff ...
Dividends and shares
The US banking sector and Wall Street as a whole received a positive signal after stress tests conducted by the Fed for 23 major US banks showed better capitalisation results than required by the ce...
Record revenues didn't help
FedEx reported quarterly results that beat analysts' estimates and summed up a record earnings year. However, investors see serious cause for concern.
Shares in FedEx (FDX), one of the largest in...
Nike's report
Nike on Thursday reported a successful end to fiscal 2021 after the close of trading, beating Wall Street expectations. Nike's quarterly revenue nearly doubled to an all-time high of $12.34 billion.
Shares in Nike (NKE) rose 14.1...
Films for Netflix
Netflix shares rose on news of a multi-year contract with Steven Spielberg's film company Amblin Partners, which will make several feature films a year for the Netflix service.
Netflix ...
Foundation's fate
The head of US holding company Berkshire Hathaway, Warren Buffett, has stepped down as a trustee of the Bill & Melinda Gates Foundation. This was stated in a statement...
Hong Kong dual listing
Shares in Xpeng Motors rose 4 per cent on Wednesday amid reports that the Hong Kong regulator has approved the carmaker's listing on the Hong Kong Stock Exchange. Going public on the Asian exchange will allow Xpeng t...
AI and AR features
Facebook has announced that it is expanding the Shops feature in WhatsApp and Facebook Marketplace, which could improve their monetisation and turn the company's apps into online shopping platfor...
Company stocks on the New York Stock Exchange
The US stock market ended Tuesday's trading with gains in the technology, consumer services and oil and gas sectors.
The Dow Jones was up 0.20 per cent at the close on the New York Stock Exchange, the S...
Self-driving trucks
Amazon has approached California-based start-up Plus to equip its first thousand trucks with its autonomous driving system. Amazon plans to buy a 20 per cent s...
Offices as a new source of income
Peloton shares could get a new round of growth as the fitness company, which benefited from the COVID-19 pandemic, now intends to turn a return to offices into its advantage rather than an obstacle.
Peloton (PTON) ...
Stocks of companies on the stock exchange
Amazon (NASDAQ:AMZN) shares gained 0.2% on the New York Stock Exchange premarket after the e-commerce giant launched its two-day Prime Day event, which last year brought it $10.4bn in gross sales.
Shares of...
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