Trading declined
The Dow Jones Industrial Average fell 0.88% to 31510.43 points. The Standard and Poor's 500 fell 0.78% to 3955 points. The Nasdaq Composite Index fell 0.56% to 11816.2 points.
In all, the Dow Jones lost 3.9% in August, the S&P ...
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...
Schedule for the week
Stocks were very volatile last week and market analysts are predicting a further "transitional period".
The S&P 500, Dow Jones ended last week up 0.77%, 1.34% and the Nasdaq Composite was virtually unchanged, market volati...
Twitter shares
Shares of (TWTR) rose for the first time (up 5.7%) on Monday following news of Jack Dorsey's departure and new CEO Parag Agrawal. Cathie Wood's Ark Invest fund bought 1.1 million shares in Twitter following the management change. Here...
Stock buyback
Facebook (FB) shares rose 1.7% in the post-market on Monday after the company reported Q3 earnings above analysts' forecasts and announced a $50bn buyback of its shares. However, Facebook's report reflected Snap's problems. Facebook is...
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...
Schedule for the week
Shares of Tesla, Intel, Netflix, IBM and Johnson & Johnson could change this week, influenced by the release of Q3 earnings and revenue reports.
It will be a busy week in the US stock market a...
New features
Shares in Pinterest (PINS) rose 2.5 per cent on the pre-market Thursday after the company announced it was adding new features to encourage shopping on its platform.
On Wednesday, Pinterest (PINS) announced the launch of its new market...
TikTok active users
TikTok has officially surpassed 10 billion monthly active users worldwide.
The popularity of this short video app, owned by ByteDance, a Chinese business technology, has exploded since its launch in...
Facebook's earnings
Facebook reported record revenue growth in the second quarter. However, Facebook shares fell after the company's chief financial officer warned that it expected a "significan...
AI and AR features
Facebook has announced that it is expanding the Shops feature in WhatsApp and Facebook Marketplace, which could improve their monetisation and turn the company's apps into online shopping platfor...
A paid version of Twitter Blue
Twitter on Thursday said it had launched its paid version of Twitter Blue, which gives the ability to edit or delete a tweet within 30 seconds of it being posted and other features for ease of use.
Twitter&n...
New specs
Shares in Snap rose nearly 6 per cent on Thursday following a series of updates and new product announcements unveiled by the company during the Snap Partner Summit online presentation.
On Wednesday, Snap (SNAP) unveiled a new generation ...
Stock slump
Twitter reported a 28% increase in revenues in the first quarter of 2021 and profits were above analysts' expectations. However, Twitter's lower user growth and outlook for the second qua...
Revenues beat Wall Street forecasts
Snap shares reacted strongly to successful first-quarter results and high revenue growth forecasts of 80% to 85% in the second quarter, according to management expectations. Snap outperformed analysts' e...
Snap share price and Fit Analytics acquisition
Snap shares rose nearly 3% on news of the acquisition of Fit Analytics, whose clothing sizing product will help improve monetisation of Snapchat's app among apparel ad...
Update to the application
Snap on Monday added a new Spotlight tab to its application, which will allow users to watch popular short videos as well as earn money on their videos&n...
Pinterest on the stock market
Pinterest shares were among the winners on the stock market this year in the difficult conditions of the coronavirus pandemic.
The year 2020 was a turning point for Pinterest (PINS). From its IPO&nb...
NEW YORK NEWS
News from GlobalNY.biz is the freshest and most relevant information about high-profile events in the region. The task of the resource's news feed is to convey to readers with maximum accuracy and objectivity information about important events in business, politics, economy, healthcare, culture and other spheres of life in New York.
GlobalNY.biz news is a coverage of economic processes taking place in New York, the latest news of public life, incidents and an overview of political events. New York news is information about the activities of small and medium-sized businesses, the work of housing and communal services and utilities, the implementation of significant projects.
The site's journalists describe not only the life of the region, but also talk about the current state of the US economy. Everything you need to know about innovations in the field of industry and agriculture, economy and power is collected in the "News" section at GlobalNY.biz.
New York news quickly informs the reader, shows the real picture and opens up hot topics. Communication with government structures and business enables us to provide our readers with reliable, information-rich material. The main page of the portal contains the key news of New York!
Alena Potapova
Development Director
