Record sales
Shares of Nio and Xpeng Motors rose on reports of higher sales of their electric vehicles in June than in May, as well as strong second-quarter delivery totals for the full second quarter, despite a global&...
Fiscal Q3 results
Micron reported record sales and a jump in profits in the third quarter and gave a higher outlook for the fourth quarter than market analysts. Micron will sell its Utah plant for $9...
Record revenues didn't help
FedEx reported quarterly results that beat analysts' estimates and summed up a record earnings year. However, investors see serious cause for concern.
Shares in FedEx (FDX), one of the largest in...
Nike's report
Nike on Thursday reported a successful end to fiscal 2021 after the close of trading, beating Wall Street expectations. Nike's quarterly revenue nearly doubled to an all-time high of $12.34 billion.
Shares in Nike (NKE) rose 14.1...
Films for Netflix
Netflix shares rose on news of a multi-year contract with Steven Spielberg's film company Amblin Partners, which will make several feature films a year for the Netflix service.
Netflix ...
Vaccination of Teenagers
Peru's Ministry of Health has authorised the use of a vaccine from the US pharmaceutical company Pfizer against coronavirus to immunise teenagers aged 12 years and older. This was announced on Monday by the head of the minis...
Stocks of companies on the stock exchange
Amazon (NASDAQ:AMZN) shares gained 0.2% on the New York Stock Exchange premarket after the e-commerce giant launched its two-day Prime Day event, which last year brought it $10.4bn in gross sales.
Shares of...
Adobe's shares rise
Adobe shares rose 2.5% in after-hours trading after the cloud software maker reported revenue growth of 23% and gave an outlook for the coming quarter above analysts' average...
Second quarter 2021
Ford said on Thursday that its expectations for the second quarter of 2021 have increased compared with April. Ford sees growing demand for its electric vehicles and also points to lower costs a...
Exxon's shares and dividend
Exxon shares rose 3.64% on Tuesday to their highest in almost 1.5 years after receiving a "buy" rating and a high target price from Bank of America. This was preceded by a rise in oil prices and long-awaited changes to Ex...
Falling company shares
Oracle shares fell 4.6% after Tuesday's close as the company announced it would double its capital investment in cloud services this fiscal year to nearly $4bn. This will have an impact on earnings.
Oracle (ORCL) on...
Model S Plaid presentation
Tesla went live on Thursday, demonstrating the long-awaited version of its ten-year-old Model S sedan, the Plaid. Elon Musk said the Model S Plaid is "faster than a Porsche and safer than a Volvo".
Tesla (TSLA) CEO Elon M...
GameStop shares
GameStop on Wednesday reported a 25% rise in sales, a reduction in losses and the appointment of former Amazon executives to top management positions. However, this does not make up for the company's problems, which intends ...
Buying bitcoins
Analyst software maker MicroStrategy has raised its plan to raise $100m to $500m in light of the high oversubscription of its latest bond offering, Bloomberg reports.
The company intends to use the funding to buy bitcoin. According ...
Cryptocurrency markets
Fraud is thriving in cryptocurrency markets as bitcoin's rapid growth, lack of regulation and the anonymity of digital assets have created a breeding ground for cybercriminals. According...
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...
Stock rises
Shares in Zoom Video Communications rose after the company reported earnings and revenue above analysts' average estimates and raised its full-year financial forecast. Zoom added about 30,000 customers during the quarter, indicating a mo...
NIO and Xpeng shares
Shares in Chinese electric car makers NIO and Xpeng rose after the companies released higher figures for shipments of their cars in May compared to April, despite a global chip shortage.
Shares in ...
Powerful chips and 5G modems
Intel unveiled its most powerful Tiger Lake-U chips and 5G modem for laptops at the Computex 2021 digital show on Monday, but said it would take several years to solve the chip sho...
Dell and HP financials
Dell and HP's quarterly revenues and profits beat Wall Street analysts' expectations, with the companies expecting continued strong demand for personal computers during the year. However, investors are pessimistic, which was r...
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