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...
Barclays revenue and earnings
Barclays Plc (LON:BARC) posted net profit of 1.704 billion pounds ($2.37 billion) in January-March, up from 605 million pounds a year earlier, the British bank said in a press release. Thus, organization's qua...
Amazon's revenues beat experts' expectations
US corporation Amazon's sales revenues in the first quarter of this year amounted to $108.5 billion, according to the company's financial statements released on Thursday. The figure was a record for this ...
Facebook doubled its profits
Facebook shares rose 6 per cent after the company released its financial report for the first quarter of 2021, far exceeding Wall Street expectations.
Fac...
Microsoft's sales growth
Microsoft shares fell despite posting higher earnings per share and revenue than analysts on average expected. Investors were disappointed by slowing sales growth in Microsoft's cloud division.
Microsoft (MSFT) shares fell ...
Selling the division
Lyft is repeating a move by Uber and is also selling its Level 5 unmanned driving technology division in order to cut costs and achieve profitability. To do so, Lyft has signed an agreement with Woven Planet, a subsidiary of Toy...
Tesla earnings
Tesla shares fell 2.5 per cent after the world's most expensive car company released its quarterly results. Despite Tesla's record profit growth, sceptics saw many risks for the company in 2021.
Tesla (TSLA) shares reacted with a dec...
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...
United States stock market
US stock exchanges ended trading in the green zone. S&P 500 rose 0.93% to 4173 points, Dow Jones added 0.93% and NASDAQ rose 1.19%. Almost all sectors showed positive dynamics with the exception of utilities (-0.90%) a...
Sharp drop in shares
Netflix reported on Tuesday adding 3.98 million new paid subscribers worldwide for the first quarter. Netflix points to the pause in movie production due to the pandemic and denies the impact of growing competition.
Shares ...
Lockheed Martin earnings
Net income at US military-industrial group Lockheed Martin (NYSE:LMT) Corp. rose 6 percent to $1.8 billion, or $6.56 per share, compared with $1.7 billion, or $6.08 per share, in the same period last year.
Lockheed Martin's...
Report from J&J
J&J shares rose on Tuesday on the back of a financial report above Wall Street estimates, a dividend hike and the annual financial outlook. J&J reported that sales of its COVID-19 vaccines reached $100m. Investors are ass...
Coca-Cola's quarterly results
Coca-Cola shares rose as the company managed to beat analysts' expectations for first-quarter earnings and revenue thanks to a strong sales recovery in Asia. The company is forecasting growth for the second qu...
VMware as a separate company
Dell shares surged 6.7 per cent on Thursday following news of the spin-off of VMware into a separate company. Dell will receive up to $9.7 b...
BlackRock's net profit
BlackRock Inc., the world's largest investment firm by assets under management, increased its net income by 49% in the first quarter of 2021, thanks to a rebound in global markets as the...
BAC's first-quarter profit
Net income of Bank of America Corp (NYSE:BAC). one of the largest U.S. banks, doubled to $8.1 billion, or 86 cents per share, in the first quarter of 2021, up from $4 billion, or 40 cents...
Banks report
Major US banks JPMorgan, Goldman Sachs and Wells Fargo reported better-than-expected Q1 2021 results amid US economic recovery thanks to government stimulus packages and a massive COVID-19 vaccination.
US banks reported the first three...
Best month
Uber shares surged after reporting record performance in March and confirming earnings forecast for 2021. Demand for Uber taxis has rebounded on the back of mass vaccinations and the lifting of quarantine restrictions in the US, with Uber...
New electric vehicle from General Motors
The Hummer EV 2024 SUV was unveiled on Saturday. Unlike the Hummer EV Edition 1 pick-up, which will begin delivery in autumn 2021, the SUV will be l...
Annual revenue
Revenue at Chinese technology giant Huawei Technologies Co. increased 3.8 percent to a record 891.4 billion yuan ($136.1 billion) in 2020, the company said in a statement. At the same time, the growth rate was one of the slowest in th...
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