Amazon's revenues beat experts' expectations
US corporation Amazon's sales revenues in the first quarter of this year amounted to $108.5 billion, according to the company's financial statements released on Thursday. The figure was a record for this ...
Facebook doubled its profits
Facebook shares rose 6 per cent after the company released its financial report for the first quarter of 2021, far exceeding Wall Street expectations.
Fac...
Microsoft's sales growth
Microsoft shares fell despite posting higher earnings per share and revenue than analysts on average expected. Investors were disappointed by slowing sales growth in Microsoft's cloud division.
Microsoft (MSFT) shares fell ...
Alphabet's earnings growth
Shares in Alphabet, Google's parent company, hit a 52-week high in early trading on Wednesday after the company reported a jump in profits and a 34% rise in revenues.
Alphabet (GOOGL, GOOG) reported its fin...
Selling the division
Lyft is repeating a move by Uber and is also selling its Level 5 unmanned driving technology division in order to cut costs and achieve profitability. To do so, Lyft has signed an agreement with Woven Planet, a subsidiary of Toy...
Tesla earnings
Tesla shares fell 2.5 per cent after the world's most expensive car company released its quarterly results. Despite Tesla's record profit growth, sceptics saw many risks for the company in 2021.
Tesla (TSLA) shares reacted with a dec...
Revenues beat Wall Street forecasts
Snap shares reacted strongly to successful first-quarter results and high revenue growth forecasts of 80% to 85% in the second quarter, according to management expectations. Snap outperformed analysts' e...
Vaccinating Apple employees
Apple Corp. is working with pharmacy company Walgreens Boots Alliance to create a program to vaccinate its employees against coronavirus right in Apple offices. This was reported by Bloomberg on F...
American Express revenue
American Express Co (NYSE:AXP), one of the leaders in the U.S. plastic card market, posted a six-fold increase in net income in the first quarter to 2.2 billion dollars, or 2.74 dollars per share, compared with 367 million d...
Chip sales fall
Intel reported first-quarter 2021 earnings and revenue above analysts' estimates, but its second-quarter profit forecast and falling data centre chip sales disappointed investors.
Intel (INTC) shares fell 2.6 per...
United States stock market
US stock exchanges ended trading in the green zone. S&P 500 rose 0.93% to 4173 points, Dow Jones added 0.93% and NASDAQ rose 1.19%. Almost all sectors showed positive dynamics with the exception of utilities (-0.90%) a...
Paying with the palm of your hand
Amazon is introducing its innovative Amazon One palm scan payment system to grocery chain Whole Foods after trying it out in its Go shops. Amazon sees selling the technology to third-party companies as its next step...
Market expansion in Europe
Nio plans to start shipping its electric cars to Europe in May; its competitor XPeng has already delivered its first 300 electric cars to Norway. Analysts predict that Europe will become ...
Sharp drop in shares
Netflix reported on Tuesday adding 3.98 million new paid subscribers worldwide for the first quarter. Netflix points to the pause in movie production due to the pandemic and denies the impact of growing competition.
Shares ...
Apple's presentation
Apple on Tuesday unveiled its new products, which were, expectedly, the new iPad Pro tablets with the M1 chip, new iMacs, AirTags for finding things, the new Apple TV 4K set-top box, the new purple colour of the previously relea...
Lockheed Martin earnings
Net income at US military-industrial group Lockheed Martin (NYSE:LMT) Corp. rose 6 percent to $1.8 billion, or $6.56 per share, compared with $1.7 billion, or $6.08 per share, in the same period last year.
Lockheed Martin's...
Report from J&J
J&J shares rose on Tuesday on the back of a financial report above Wall Street estimates, a dividend hike and the annual financial outlook. J&J reported that sales of its COVID-19 vaccines reached $100m. Investors are ass...
New audio features
Facebook on Monday officially announced that it is preparing a number of new audio features for its main app and for Messenger, which include Live Audio Rooms-like Clubhouse audio chats, the creation of short e...
Deal under threat
Nvidia's biggest deal to acquire UK tech company Arm for $40bn could be blocked by UK authorities. An investigation into the potential implications of the deal has been launched and national secur...
Coca-Cola's quarterly results
Coca-Cola shares rose as the company managed to beat analysts' expectations for first-quarter earnings and revenue thanks to a strong sales recovery in Asia. The company is forecasting growth for the second qu...
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