US stock market
By the closing bell on the New York Stock Exchange, the Dow Jones gained 1.39%, reaching an all-time high, the S&P 500 rose 1.66% and the NASDAQ Composite rose 1.24%.
Intel Corporation (NASDAQ:INTC) was the top gainer among Dow ...
Adobe report and forecasts
Indications and contraindications for taking Adobe Systems has reported accelerating earnings and revenue growth, beating market analysts' expectations and raising its earnings and revenue forecast for the full financial y...
Tencent Holdings quarterly profit
Chinese internet giant Tencent Holdings Ltd.'s fourth-quarter net profit rose 2.7 times to a record 59.302 billion yuan ($9.09 billion), up from 21.582 billion yuan in the same period in 2019.
The figure was booste...
New chip plants in Arizona
Intel shares rose 3.7 percent after the company's new CEO announced plans to build two new plants for about $20 billion. Intel could expect success, given the global chip s...
GameStop reported financials
GameStop shares fell 12% after the close of trading on Tuesday, as the company reported lower-than-expected fourth-quarter results. At the same time, the company reported a 175% increase in electronic sales, which now ac...
The grandson of Queen Elizabeth II got a job at one of the Silicon Valley startups called BetterUp. Prince Harry's new position now sounds like "tech impact leader".
According to the head of the BetterUp company, Harry's role as an employee of the c...
Pinterest's long-term growth
Pinterest shares are increasingly the choice of investment firms and hedge funds that believe in better monetisation and more advertising products on the platform. That's what Pinterest is doing for its long-term growth....
Stock Market
US stock indices are falling on Tuesday ahead of speeches by US Treasury Secretary Janet Yellen and Federal Reserve (Fed) chief Jerome Powell.The Dow Jones Industrial Average index was down 47.22 points (0.14 per cent) at 32683.98.
The...
Buying Discord
Microsoft is in talks with Discord, whose app allows people to communicate through video games and can also be used in business, education, tourism, etc.
Microsoft (MSFT) is in talks to acquire ...
US government bond market
US stock indices rose in early trading on Monday after falling last week.
For the week the Dow Jones and S&P 500 fell 0.5% and 0.8% respectively after rising for the previous two consecutive weeks. The Nasdaq fell 0.8%...
Shares of electric car makers surge
Shares in Chinese electric car makers Nio, Xpeng and Li Auto rose sharply on Friday amid news of details of their IPO in Hong Kong. The companies are attracting major US investment banks as underwriters.
Shares o...
Delivering microsatellites into orbit
SpaceX intends to launch another 60 microsatellites into orbit for the Starlink network on 24 March.
"The Falcon 9 rocket is scheduled to launch from Cape Canaveral, Florida, at 04:58 US East Coast Time. This w...
US stock market
The US stock market ended Saturday's trading multidirectional due to strengthening of consumer services, technology and healthcare sectors. The market is performing on the back of negative momentum from the financials, industrials an...
A mind-reading bracelet
Facebook has demonstrated a prototype wristband that could make the use of smart glasses ubiquitous. Facebook has previously promised to launch its Orion smart glasses between 2023 and 2025. The technology could replace smart...
Snap share price and Fit Analytics acquisition
Snap shares rose nearly 3% on news of the acquisition of Fit Analytics, whose clothing sizing product will help improve monetisation of Snapchat's app among apparel ad...
Telemedicine from Amazon
Amazon announced on Wednesday it is expanding its telemedicine service to employees in all 50 US states. The company is also making Amazon Care services available t...
Company revenue growth
Cybersecurity firm CrowdStrike has reported a better end to the financial year 2021 and a better outlook for the next quarter and year than market analysts had expected.
Shares in CrowdStrike Holdings (CRWD), which ...
Production shutdown
Toyota Motor (NYSE:TM), Honda (T:7267) Motor (NYSE:HMC) and Samsung (KS:005930) Electronics (LON:0593xq) said production problems as bad weather, blocked ports and the ongoing impact of Covid-19...
Trading ends in the red
The US S&P 500 index ended negative on Tuesday, following energy and industrial shares as investors awaited the outcome of the United States Federal Reserve (Fed) meeting.
The market showed no unihip may improve its econ...
New funding round
Stripe, the international payment processing company, has raised $600m in funding and has a market valuation of around $95bn. higher than the valuation of Facebook or Uber on the eve of their IPOs. Stripe's millions of customers in...
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