News of New York

AT&T sells Xandr advertising division to Microsoft
22 December 2021
4574
Sale of advertising division AT&T (T) will sell its advertising division to Xandr Microsoft (MSFT) for an undisclosed sum. The deal should benefit both companies and is indicative of AT&T's ongoing restructuring...
Italian authorities fine Amazon a record $1.28bn
10 December 2021
3431
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...
CEOs and insiders sold a record $69bn worth of shares
2 December 2021
3662
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...
Salesforce shares down 6%
1 December 2021
3746
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...
AMD becomes chip supplier to Meta and Facebook
10 November 2021
3685
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...
Stocks to buy in any stock market drop
30 October 2021
4115
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 ...
Google's cloud division and YouTube's revenues fall short of market forecasts
27 October 2021
5644
Lower income than expected Alphabet Google (GOOGL, GOOG) reported that revenue growth in the Google Cloud YouTube division lagged analysts' forecasts, despite strong performance in the featured ...
Companies plan to buy back $1 trillion worth of stock in 2021
26 October 2021
5629
Buying back shares Share buybacks are beneficial to investors because the fewer shares in circulation the more expensive and more valuable they are. 2021 will be the year with $1 trillion in share buybacks in the market. After the COVID-19 pandemic...
Tesla reaches $1 trillion value amid order from Hertz for 100,000 Model 3s
26 October 2021
4062
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 (...
Reporting week: Amazon, Google, Apple and Microsoft
25 October 2021
3964
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 and AMD shares rise as Nvidia launches cloud gaming service on AMD chips
22 October 2021
3621
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 ...
Facebook, Twitter and Google shares fall after Snap's report
22 October 2021
3815
Shares fall Snap (SNAP) shares fell 21% amid a report of Q3 2021 earnings below market analysts' forecasts. The company cited the stronger negative impact of Apple's privacy rule updates, as well as the impact on advertising of global...
Google unveils new Pixel 6 and Pixel 6 Pro smartphones powered by its own Tensor chip
22 October 2021
3771
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...
U.S. congressional committee members suspected Amazon of perjury at hearing
18 October 2021
3995
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...
Facebook shares up more than 2% after massive crash
6 October 2021
3540
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 $...
Palantir shares jumped 13.7% on news of an $823m contract with the US Army
6 October 2021
3562
The reason for the rise in the company's shares The share price of Palantir (PLTR) rose sharply after Tuesday's close after the company won a multi-year contract worth 823 million from the US Army. The Palantir Gotham platfo...
Netflix share price hits all-time high
4 October 2021
3021
Share price breaks all records Netflix (NFLX) shares are at record highs as investors have received a number of positive signals from the streaming giant. The latest upbeat news makes up for some disappointment from slowing user growth in the second...
AMD expands partnership with Google Cloud
4 October 2021
3312
Google partnership and semiconductor shortages AMD's stock rose 2.54 percent after news that the company's new AMD EPYC processor has been adopted by Google's data centre. In addition, the company announced ambitious targets for energy efficiency, E...
Nasdaq down 2.8% and S&P 500 down 2% on rising bond yields
30 September 2021
3835
US stock indices fell sharply on Tuesday After 10-year treasury bond yields rose to 1.54%, which hit tech growth stocks the hardest. Uncertainty around the raising of the US government debt limit and the risk of a lockdown is causing further worries...
Google lowers cloud platform fees in battle against AWS and Microsoft
28 September 2021
3698
Struggling with AWS and Microsoft Google's cloud platform will lower fees from software developers to expand its range of offerings to customers and better compete with Amazon AWS and Micro...
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Instagram
35 Mention
Netflix
22 Mention
Us Weekly
17 Mention

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