Nvidia and the Magnificent 7
Nvidia's exceptional earnings marked the conclusion of another notable reporting season for the "Magnificent 7" tech stocks, highlighting their significant influence over this year's remarkable&n...
Spotify Reverb
After a hiatus of over two years, Neil Young is making a notable return to Spotify, marking a significant shift in his stance on streaming platforms. His decision, however, is not with...
Unveiling the Elite Nine
Rarely do CEOs earn over $100 million in compensation, but Kiwi Camara, CEO of CS Disco, is among the select few. With a salary of $500,000 and $109 million in stock options, Camara's total compensation places him among the ...
Intel's new move
Intel has recently announced an agreement with Arm that will make Intel a viable manufacturing option for any Arm-based chip designer. This is a significant move, given that Arm-based chips cu...
US stock market
US stock indices fell for the third consecutive week in early trading on Friday. Since the start of the week, the Dow Jones has lost 1.1%, the S&P 500 2% and the Nasdaq Composite 2.7%.
However, at the end of trading, the Dow Jon...
The best January since 2001
At the end of January the Nasdaq Composite stock index, consisting of shares of high-tech companies, rose by 11%, which was the best dynamics for this period since 2001.
Analysts consider several...
Competition in the digital advertising market
Alphabet and Meta have lost their edge in the digital advertising market due to growing competition from Amazon, TikTok, Microsoft and Apple. The Fi...
Apple's manufacturing in China
Apple has accelerated plans in recent weeks to move some of its manufacturing out of China. This was reported by The Wall Street Journal.
The Wall Street Journal said ...
Company stocks on Monday
The US stock market rose steadily on Monday. Thus, the Dow Jones Industrial Average was up 414.01 points (1.33%) at 31496.57 points by 2:55 p.m. East Time on Monday.
The Standard and Poor's 500 rose 36.70 points (0.98%) to ...
Insider about the new iPad
Apple is developing an unusual accessory for its iPad tablets that will be unveiled "as early as 2023". This is reported by a well-known insider and Bloomberg correspondent.
According to the correspondent, Apple is consid...
Last day of trading this week
The US stock market ended Friday's trading lower on the back of negative dynamics from the oil and gas, commodities and technology sectors.
At closing time on the New York Stock Exchange, the Dow Jones fell 1.34%, the ...
Morgan Stanley suggests
Emerging market stock indices could soon reach the low point in the current bearish cycle, analysts at Morgan Stanley (NYSE:MS) believe.
As a consequence, economists of the bank, including strategist Jonathan Garner, changed...
Shares of US companies
Shares in Nike (NYSE: NKE) fell more than 11% after the world's largest sportswear maker warned its gross margins would remain under pressure for the year.
Meta Platforms (NASDAQ: META) shares rose 0.3% after Facebook's owner...
Meta and Apple
In a recent speech to his staff, Mark Zuckerberg described Apple as Meta's main rival in the meta-universe race. The announcement appeared on The Verge's website. Zuckerberg believes that whoever win...
Report from Apple
Apple (NASDAQ: AAPL) shares rose after the report as Q3 fiscal 2022 revenue and earnings beat market analysts' forecasts. However, Apple's sales growth is slowing sharply and experts expect lower electronics sales due to inflation....
Tuesday trading
US stock indices closed mostly negative, a day before the Fed's expected 75 basis point rate hike. The Dow-30 and S&P500 fell for the fifth straight day, the longest streak since January.
At the close on the New York Stock Excha...
Last day of trading
Three major Wall Street stock indexes closed lower on Friday after a jobs report dashed hopes of a pause in monetary policy tightening by the Federal Reserve, which is needed to curb inflation, the highest in decades.
At the clo...
Company stocks in trading on Monday
US stock indices have been in the green zone since the start of Monday's session and changed little in the course of trading. As a result, the main indicators added 1.6-2.0%.
On the New York Stock Exchange, the D...
Company shares in yesterday's trading
The US stock market ended Wednesday's trading lower amid negative dynamics from the technology, consumer services and consumer goods sectors.
The Dow Jones was down 1.02% at the close&n...
Apple's earnings
Apple (NASDAQ: AAPL) shares fell on the post-market after its financial report for the first three months of 2022.
However, sales revenues rose and, like earnings, beat Wall Street estimates.
Apple on Thursday reported result...
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
