New chip plants in Arizona
Intel shares rose 3.7 percent after the company's new CEO announced plans to build two new plants for about $20 billion. Intel could expect success, given the global chip s...
A mind-reading bracelet
Facebook has demonstrated a prototype wristband that could make the use of smart glasses ubiquitous. Facebook has previously promised to launch its Orion smart glasses between 2023 and 2025. The technology could replace smart...
Fed keeps interest rates on hold
The Fed meeting ended on Wednesday with the expected announcements. The stock market reacted by rising, with the US dollar declining against a basket of major currencies.
The Fed's March two-day meeting ended Wednes...
Trading ends in the red
The US S&P 500 index ended negative on Tuesday, following energy and industrial shares as investors awaited the outcome of the United States Federal Reserve (Fed) meeting.
The market showed no unihip may improve its econ...
Buying shares
The Norwegian central bank Norges Bank decided to buy shares in Apple, Tesla, Nio and other electric car manufacturers in the fourth quarter.
The world's largest company by market capitalisation Apple (AAPL) and electric car makers Te...
Entering the market
Transport company Gett, which wants to become one of the world's leading providers of "mobility solutions", is currently exploring a merger with a company with no particular purpose other than to help other companies with an IPO ...
Best day in four months
US stock indices ended Tuesday's trading up, with the Nasdaq Composite having its best session in four months amid a rebound in shares of major technology companies following a sell-off the day before.
The Dow Jones Industri...
Buying a film
The highest-profile business news from the Sundance Film Festival in early February was the purchase of the film Coda by online platform Apple TV+. The streaming service paid $25 million for the film about a talented girl singer from a...
US indices fall
Technology stocks declined on Wednesday and the preceding days, while stocks in the financial, industrial and other sectors, which could rise after a pandemic, increased.
Major US stock indices fell sharply on Wednesday, continuing ...
The biggest smartphone maker
Apple (NASDAQ:AAPL) has risen to first place on the list of the world's largest smartphone makers by number of devices sold in the fourth quarter for the first time since 2016. That's according to data from research firm...
Smart watch
Facebook is developing a smartwatch, reportedly to be able to be used as a standalone talking device and will initially come with Google's Android OS.
Facebook (FB) is in the process of developing a smartwatch that will be a competitor ...
Negotiations terminated
Apple has failed to secure a partnership with either Hyundai or Nissan to create an Apple-branded autonomous electric car, according to responses from company offici...
New electric cars from GM
GM on Sunday unveiled the redesigned Chevrolet Bolt EV 2022 and the larger, new Chevrolet Bolt EUV crossover with Super Cruise autopilot system. GM aims to reach its target of 30 electric vehicles over t...
New high
Twitter shares rose after reporting Q4 revenues and profits above Wall Street forecasts. However, Twitter missed expectations for user growth and also reported a 20% increase in staff this year, which will increase total costs by more than ...
Conflict between the companies
Relations between Apple and Facebook have heated up over the past month as the social network is very unhappy with the new privacy rules that Apple plans to introduce starting with iOS 14.5 operating system.
Starting ...
Negotiations by the companies
Hyundai and KIA Motors (KS:000270) have denied media reports that they are allegedly in talks with Apple (NASDAQ:AAPL) to develop autonomous electric cars.
The South Korean carmaker notes that it has received requests ...
U.S. indices
U.S. stock indices ended Thursday's trading up strongly, with the S&P 500 reaching a record high. Traders assessed new company reports and statistical data.
The Dow Jones Industrial Average index rose 332.26 points (1.08%) to 31055...
Start of January trading
U.S. stock indices fell sharply in late January trading, with the Dow and S&P 500 indicators suffering their biggest losses in a month since October amid volatility due to fears of a market bubble over the performance of...
Tablet sales
The global market grew 28% year-on-year in the fourth quarter of 2020 on the back of strong demand for entertainment devices during the holidays and continue work/study at home.
Strategy Analytics calculates that 62.5 million...
Company's sales
Apple surpassed the high expectations of Wall Street analysts by reporting new record figures for the past holiday quarter. The company noted a boom in iPhone upgrades in China a...
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