Friday trading
US stock indices ended Friday's trading lower on inflation concerns. The second quarter reporting season also remains in the spotlight. This week, major US banks and a number of other companies ...
Entering new markets
Investors in General Motors are now assessing the pace of the company's transition to electric vehicles and the chances of competition. But GM shares can get a boost not only from successes in the electric car market, but also i...
Large-company stocks
US stock indices rose in trading on Wednesday, with the S&P 500 and Nasdaq Composite reaching record highs at one point in the session.
The Dow Jones Industrial Average index rose 25.00 points (0.07%) to 34602.37 points.
T...
Hong Kong dual listing
Shares in Xpeng Motors rose 4 per cent on Wednesday amid reports that the Hong Kong regulator has approved the carmaker's listing on the Hong Kong Stock Exchange. Going public on the Asian exchange will allow Xpeng t...
Takeover bid
Nvidia (NASDAQ:NVDA) has filed an application with Chinese antitrust authorities to review a $40 billion takeover of UK chip developer Arm, currently owned by Japanese tech giant SoftBan...
Artificial intelligence
McDonald's has announced that it will begin testing artificial intelligence technology for customer service on McDrive at 10 restaurants in Chicago. Using a voice assistant instead of staff will allow McDonald's to reduce cos...
Buffett's successor
The head of investment fund Berkshire Hathaway, 90-year-old billionaire Warren Buffett has named its vice-president Greg Abel as his successor at the head of the company. CNBC reported this...
Trading in the red
Western European stock indices ended trading in negative territory amid cautious global market sentiment.
Some equity investors are becoming increasingly concerned about the strong rebound in bond yields in recent weeks as it cou...
U.S. government bonds
US ten-year government bond yields exceeded 1.37% p.a., reaching their highest level in a year. This was driven by investor fears of an acceleration in the pace of consumer price increases on the back of stronger economic activ...
Nvidia wants to buy Arm
US chipmaker Qualcomm has expressed its opposition to a possible acquisition of Arm by Nvidia, which last September said it was prepared to pay $40 billion ...
The world's richest man
Tesla CEO Elon Musk has become the richest businessman in the world. Musk's rise in shares in the electric-car maker has led the Bloomberg Billionaires Index, which tracks the fortunes of the richest peopl...
Indexes down
Stocks in America ended lower, the first trading day of 2021, amid worries about a rise in the number of coronavirus infections worldwide. Last Thursday, which was the last day of tradin...
New Hummer model
The Hummer EV electric off-road vehicle, which will go on sale in the USA in the autumn of 2021, will be sold through existing GMC dealers, and General Motors does not plan to force sellers to sell this brand new...
New business
American inventor, engineer and programmer, co-founder of Apple Stephen Wozniak has launched a new company. The blocchain-startup Efforce aims to develop green technology and will help companies t...
Reduction of expenses in the Company
The head of Tesla believes that the company needs to focus on making profits and reducing costs to meet investor expectations.
Elon Musk has warned its employees that they need to focus on ma...
When Jonathan Corpina, a senior managing partner at Meridian Equity Partners, returned to work on the floor of the New York Stock Exchange in late May, he was met with temperature screenings, hand sanitizer stations, plexiglass barriers &md...
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