Petrol in the US
US President Joe Biden will give a speech at the White House on Thursday on measures to combat rising petrol prices in the United States. This is stated in the schedule of the US leader circulated by the White House on Wednesday.
B...
CATL in North America
China's Contemporary Amperex Technology (CATL), the world's largest producer of lithium-ion batteries, is considering opening a facility in a North American country. This was reported on Saturday by Bloomberg news agency, citin...
A deal between the companies
US corporation Amazon has closed a deal to acquire film company Metro-Goldwyn-Mayer for $8.5 billion. This was reported by Bloomberg on Thursday.
According to it, the merger became possible after the EU antitrust regula...
Buying stocks
International investors are putting more money into Chinese equities, even as local investors are being cautious in mainland Chinese markets. This was reported by CNBC, citing rese...
Audioboom shares
Shares in British podcast platform Audioboom are up more than 20 percent, reaching their highest since listing in December 2005, Bloomberg reported.
Audioboom Group shares on the London Stock Exchange on Monday ...
Inflation in January
Annual inflation in the US in January this year rose at the fastest rate in 40 years, up 7.5% from the same period in 2021. In monthly terms, consumer prices rose 0.6%, according to data released by the ...
Fine for Intel
Intel Corporation (NASDAQ:INTC) has challenged a $1.2bn fine handed down by the European Commission in 2009 in a case to force rival AMD (NASDAQ:AMD) out of the processor market. This was reported by Bloo...
Nvidia and ARM
Nvidia Corporation (NASDAQ:NVDA) is preparing to back out of buying UK chip developer Arm from SoftBank Group (T:9984) amid problems with regulatory approval of the deal, Bloomberg writes citing sources.
According...
All about Apple stock today
Apple (AAPL) shares rose 3.54% on Tuesday, to a new all-time high price of $171.18 per share. At the same time, the market capitalisation of the world's most valuable company surpassed $2.84 trillion, bringing Apple close...
Record low
Alibaba (BABA) shares are trading at a record low since May 2017 as investors worry about the risks of delisting on the US exchange.
The recent drop in Alibaba's shares stems from the Chinese e-commerce giant's fear of losing its main li...
Demand for iPhone 13
Apple (AAPL) shares were down 2% at the premarket on Thursday amid news that the company told its parts suppliers that demand for the iPhone 13 range had slowed, as reported by Bloomb...
Fighting a new strain
The stock market recovered slightly at the premarket on Monday after a sharp fall on Friday when the World Health Organisation (WHO) said that the new COVID-19 strain first identified in South Africa was a "strain of concern".
...
Interest in social media declines
Young people and teenagers are spending less time on Facebook, checking in later and creating posts less frequently, which could have a negative impact on the company's profits. This was reported by Bloomberg on Mon...
PayPal could buy Pinterest
Shares of Pinterest (PINS) rose 12.8% on news of its potential acquisition by PayPal (PINS). Shares of PayPal fell nearly 5 percent Wednesday. Market analysts were divided on th...
Friday trading
US stock indices rallied on Friday as investors absorbed Goldman Sachs' sharp gain and an unexpected rise in retail sales. The Dow Jones Industrial Average jumped 207 points, or 0.59%, while the S&P 500 and Nasdaq Composite indice...
Chances of Jerome Powell staying on for a second term
Last week, Fed Chair Powell came under heavy criticism from Senator Elizabeth Warren. Market forecasts showed Powell's chances of reappointment declining. Here's wha...
Brent price today
Oil prices rose on Monday after falling for seven consecutive sessions, the longest such period since February 2018.
The market was supported on Monday by reports that Chinese authorities were able to contain a new wave of COVID-1...
Asian news
SoftBank has managed to raise more than $6 billion by liquidating its shares in companies such as Facebook, Microsoft, Alphabet, Salesforce.com and Netflix and another $4 billion in partial sales of stakes in Uber Technologies&n...
Sports stocks
Amid harsh criticism of the video game industry in China's state-run media the previous day, a "tidal wave" touched stocks of Chinese manufacturers of sportswear, trainers and other spo...
Lucid Motors' exit to the stock exchange
Electric car maker Lucid Motors was about to go public on the New York Stock Exchange through a merger with SPAC company Churchill Capital Corp IV. However, some of Churchill Capital's shareholders declined t...
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