The market on Friday
U.S. stock indices were trending higher again Friday morning as the week will end with one day of fourth-quarter earnings reports.
Today's morning reports include reports from Regeneron Pharmaceuticals, Bristol-Myers Squibb, Ro...
Report and earnings from the advertising business
Amazon shares jumped more than 14% after reporting holiday quarter earnings above analysts' forecasts and a profit of almost $12bn from its inve...
Amazon as a fashion shop
US corporation Amazon will open its first Amazon Style apparel retail shop this year and it will be located in Los Angeles, California. This is according to a press release posted on the company's website on T...
Record fine for Amazon
Amazon (AMZN) shares were down 1.13% on Thursday after the Italian antitrust authority handed Amazon a $1.28bn fine for abusing its dominant market position.
E-commerce&n...
GameStop losses
GameStop (GME) shares fell on Wednesday after reporting higher loss growth than market analysts had predicted. GameStop management cited revenue growth, ongoing transformation and amb...
A record amount of shares
Elon Musk, Jeff Bezos and other CEOs and corporate insiders have sold shares in their companies for record amounts in 2021. Sales may pick up in December. Here's what investors need to know.
Inside...
Shares still down
Salesforce (CRM) reported record revenues, beating analysts' forecasts, but gave a worse-than-Wall Street earnings outlook. The company has appointed Bret Taylor as co-CEO, who is seen as the future successor to current CEO Marc Be...
Black Friday shopping
Customers to know that US retail, and mall workers do not control pricing, hiring or global supply chains.
"Many angry customers arrive in the morning," said Williams-Sonoma, manager of Crossgate Shopping Center in Albany. N.Y...
Biggest IPO in history
Rivian's listing on the Nasdaq exchange was one of the most anticipated in 2021 investors were not disappointed. The company raised $11.9bn for its development and was valued at $85.9bn, higher than Ford's capitalisation, for ...
AMD chip supplier
AMD's (AMD) stock jumped to a new high on news of a partnership with Meta (Facebook's new name), which will use AMD chips for its data centres. AMD unveiled new Instinct M...
PayPal deal with Amazon
Shares of PayPal (PYPL) fell nearly 3 percent in after-hours trading Monday after the company reported Q3 earnings below Wall Street expectations and gave a disappointing outlook.
PayPal (PYPL), the payments g...
IPO from Rivian
Electric car startup Rivian, backed by Amazon and Ford, has filed a new Form S-1 with the SEC, with a tentative share price to go public. In the IPO, Rivian hopes to raise $8.4bn. The success of Tes...
Earnings below forecasts
Amazon (AMZN) shares fell in the post-market on Thursday after the company reported Q3 2021 earnings and revenue below analysts' forecasts. The outlook for Q4 holid...
Stocks to buy
Experts of investment companies say: the fall of the stock market opens the most profitable stocks to buy.
AMD a stock to buy in any stock market downturn
Advanced Micro Devices (AMD) stock fell 8% in September, but has already made ...
New market value
Tesla (TSLA) is now not just the most expensive car company in the world its market value has reached the $1 trillion mark.
This puts Tesla on a par with such giants as Amazon ($1.7 trillion), Google (...
Schedule for the week
This week the stock markets will be awaiting a slew of reports from major US companies. Investors should pay attention to reports from Apple, Microsoft, Amazon, Google and Facebook as they will aff...
Nvidia shares after cloud gaming launch
Nvidia (NVDA) on Thursday announced the launch of its GeForce NOW RTX 3080 cloud service for streaming high-resolution, ultra-low latency video games by using ...
New devices from Google
Google on Tuesday unveiled its new Pixel 6 and Pixel 6 Pro smartphones with proprietary Tensor chips and the recently released Android 12 operating system. The new d...
Charges of perjury
Five members of a US congressional committee have suspected Amazon executives, including Jeff Bezos, of giving false testimony at hearings in 2019 and 2020. The Wall Street Journal reported this on Mo...
Share price rises after disruption
Shares in US company Facebook were up more than 2 per cent by the close of trading on the New York Stock Exchange on Tuesday.
According to data posted on the trading floor's website, the company's shares rose by $...
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