Deal with Drizly
Uber shares rose 7% on Tuesday on the back of the announcement of the acquisition of major alcohol delivery company Drizly for 90% of Uber's ordinary shares.
International online taxi orderin...
Google's business
Shares in Alphabet (GOOGL, GOOG), up 29.4% over the past year, rose 7% after the close of trading on Tuesday when the company released its fourth-quarter financial report.
Key cues for investors were strong growth i...
In October last year, the Playboy company went public again and refused to release its famous magazines with 70 years of history and the debut picture of Marilyn Monroe in 53 of the last century.
Playboy decided to use their recognizable rabbit logo...
Net profit growth
Net profit at Japanese gaming console and video game maker Nintendo Co (T:7974). for the third quarter of fiscal 2020-2021, up 1.9 times to 375.67 billion yen ($...
European markets trade
European stock indices ended Friday's trading lower amid lingering worries about coronavirus vaccines and volatility in US stocks.
The Stoxx Europe 600 composite index of the region's largest companies was down 1.87 per cent ...
Start of January trading
U.S. stock indices fell sharply in late January trading, with the Dow and S&P 500 indicators suffering their biggest losses in a month since October amid volatility due to fears of a market bubble over the performance of...
As the world's largest financial market, Forex offers great potential for profits, attracting both pro-tier foreign-exchange traders and beginners. It's very easy for a novice to access the market, but most newcomers quit the game after facing their ...
Tablet sales
The global market grew 28% year-on-year in the fourth quarter of 2020 on the back of strong demand for entertainment devices during the holidays and continue work/study at home.
Strategy Analytics calculates that 62.5 million...
Facebook's profit
Net profit of US-based Facebook Inc (NASDAQ:FB). which owns the world's largest social network, rose 53%, or one-and-a-half times, to $11.22 billion in the fourth quarter of 2020.
Earnings per share r...
Company's sales
Apple surpassed the high expectations of Wall Street analysts by reporting new record figures for the past holiday quarter. The company noted a boom in iPhone upgrades in China a...
Company Q4 earnings
AMD ended Q4 2020 beating Wall Street expectations largely due to sales growth of 176% in the segment that includes server chips and graphics processors for gaming consoles. AMD expects sales growth of 37% in&...
The company's loss
Boeing ended 2020 with a sharp rise in losses due to a $6.5 billion write-off of losses due to its delayed 777X wide-body programme. The EU lifted its ban on 737 MAX flights, following the US, Canada and Brazil.
Bo...
Starbucks earnings
US-based Starbucks Corp (NASDAQ:SBUX). which owns the world's largest coffee chain, saw its net profit for the first quarter of fiscal 2021, which ended on December 27, 2020, decline 30% to $622.2 million, or 53 cents per share, f...
Plant-based meat company shares rise
Vegetarian food is increasingly taking over the world, and with it the stock market: shares in plant-based meat producer Beyond Meat (NASDAQ:BYND) soared more than 36% at t...
Profit better than expected
US-based Johnson & Johnson (NYSE:JNJ), the world's largest manufacturer of health products, saw its net income fall 2.3 times to $1.738 billion, or $0.65 per share, in the fourth quarter of 2020, down from $4.01 billi...
U.S. indices
The main US stock indices retreated from Monday's session highs by the close, but the S&P and Nasdaq still ended at record levels. Concerns over the timing and size of the fiscal stimulus have dampened optimism at the start of a wee...
Trading is down
Today stock indices of Asia-Pacific countries are falling in trading. Traders continue to monitor the epidemiological situation in various countries, the progress of vaccination in the USA and also await the US Federal Reserve (Fed) ...
Samsung factory in the U.S.
South Korea's Samsung is now one of the recognised world leaders in semiconductor manufacturing thanks to its near-total dominance of the memory chip market, but it is nevertheless struggling...
IBM earnings
U.S. International Business Machines Corp. IBM (NYSE:IBM)) net income fell 2.7 times to $1.356 billion, or $1.51 per share, in the fourth quarter, compared with $3.67 billion, or $4...
Intel beat Wall Street expectations
Intel's Q4 financial report was better than Wall Street estimates thanks to strong PC sales growth, but the forecast for Q1 2021 suggests a decline from last year's figure.
Intel's (INTC) Q4 financial report was ...
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