Artificial intelligence
McDonald's has announced that it will begin testing artificial intelligence technology for customer service on McDrive at 10 restaurants in Chicago. Using a voice assistant instead of staff will allow McDonald's to reduce cos...
New features for communication
Facebook on Wednesday held an "F8 Refresh" conference for software developers at which it unveiled new features for sharing business messages on Instagram and WhatsApp. Facebook aims to ma...
Stock rises
Shares in Zoom Video Communications rose after the company reported earnings and revenue above analysts' average estimates and raised its full-year financial forecast. Zoom added about 30,000 customers during the quarter, indicating a mo...
Trump International Hotel rights sale
The Trump Organization, owned by former US President Donald Trump's family, has once again put up for sale the lease rights to Washington's Trump International Hotel. This was repor...
Attack on JBS company
Specialists at meat processing company JBS are successfully dealing with the aftermath of the cyber-attack and most of its facilities will be operational on Wednesday. This was said in a ...
NIO and Xpeng shares
Shares in Chinese electric car makers NIO and Xpeng rose after the companies released higher figures for shipments of their cars in May compared to April, despite a global chip shortage.
Shares in ...
Stock market rises
The US stock market is rising on Tuesday after the US Memorial Day holiday weekend.
The Dow Jones Industrial Average index was up 157.57 points (0.46%) at 34687.02.
The Standard Poor's 500 rose 17.58 points (0.42%) to 4221.69 po...
Costco Wholesale Corporation (NASDAQ: COST), the world's largest club-type self-service warehouse (shop) chain, reported fiscal Q3 2021 results. The company's revenues increased 21.5% YoY to $45.28 billion.
Operating income rose 41% YoY to $1.66 bil...
Powerful chips and 5G modems
Intel unveiled its most powerful Tiger Lake-U chips and 5G modem for laptops at the Computex 2021 digital show on Monday, but said it would take several years to solve the chip sho...
Aircraft delivery delay
Aircraft maker Boeing (NYSE:BA) has halted deliveries of the 787 Dreamliner, and customers will now have to wait again after a recent five-month delay in aircraft deliveries due to production problems, The Wall Street Journal...
Dell and HP financials
Dell and HP's quarterly revenues and profits beat Wall Street analysts' expectations, with the companies expecting continued strong demand for personal computers during the year. However, investors are pessimistic, which was r...
A record quarter for NVIDIA
NVIDIA's report beat Wall Street estimates, with earnings doubling and revenues rising 84%. Despite this and the company's strong outlook, NVIDIA shares have fallen as investors assess whether to expect much from its cryp...
Shares rebound
Shares in veggie producer Beyond Meat (BYND) have risen 12.45% in the past two trading days, continuing a 1.5% rise before the start of trading on Wednesday.
Shares have recovered slightly from a one-year low of $101.66 on 13 May, bu...
Li Auto's earnings
Li Auto reported first-quarter 2021 revenues above Wall Street expectations. Li Auto's electric vehicle sales were up 334% year-on-year but down 15% quarter-on-quarter. Li Auto gave a strong outlook for the second q...
Compensation from Tesla
Tesla has been ordered by a court in Norway to pay compensation to 30 owners of old Model S and Model X. Each of the company's customers will receive $16,000.
The reasons for the lawsuit are slo...
Epic games and Apple
A court in Oakland, California, will rule on Epic Games' antitrust suit against Apple within the next few weeks. This was reported by The Wall Street Journal.
At Monday's hearing, Judge Y...
Buying $1 million worth of stock
AT&T shares fell about 7% after the company confirmed last week that its WarnerMedia unit would be merged with Discovery in a $43bn deal.
Meanwhile, CEO John Stankey ...
NVIDIA to date
NVIDIA shares rose last week on strong valuations from analysts and the announcement of a 4-to-1 stock split. This Wednesday, Nvidia reports firt quarter earnings profits are expected to be record highs.
NVIDIA (NVDA) is&nb...
Animal Rebellion against McDonald's
Animal rights activists have blocked the supply of meat from four refrigerated warehouses in Britain, Animal Rebellion has announced on its website.
"Animal Rebellion protesters have turned their efforts to fight...
New specs
Shares in Snap rose nearly 6 per cent on Thursday following a series of updates and new product announcements unveiled by the company during the Snap Partner Summit online presentation.
On Wednesday, Snap (SNAP) unveiled a new generation ...
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