Supply growth after decline
Chinese electric vehicle manufacturers NIO and XPeng reported a rise in deliveries in March after a decline in February, as well as new delivery records for the first...
Adobe report and forecasts
Indications and contraindications for taking Adobe Systems has reported accelerating earnings and revenue growth, beating market analysts' expectations and raising its earnings and revenue forecast for the full financial y...
Tencent Holdings quarterly profit
Chinese internet giant Tencent Holdings Ltd.'s fourth-quarter net profit rose 2.7 times to a record 59.302 billion yuan ($9.09 billion), up from 21.582 billion yuan in the same period in 2019.
The figure was booste...
GameStop reported financials
GameStop shares fell 12% after the close of trading on Tuesday, as the company reported lower-than-expected fourth-quarter results. At the same time, the company reported a 175% increase in electronic sales, which now ac...
Pinterest's long-term growth
Pinterest shares are increasingly the choice of investment firms and hedge funds that believe in better monetisation and more advertising products on the platform. That's what Pinterest is doing for its long-term growth....
Shares of electric car makers surge
Shares in Chinese electric car makers Nio, Xpeng and Li Auto rose sharply on Friday amid news of details of their IPO in Hong Kong. The companies are attracting major US investment banks as underwriters.
Shares o...
Company revenue growth
Cybersecurity firm CrowdStrike has reported a better end to the financial year 2021 and a better outlook for the next quarter and year than market analysts had expected.
Shares in CrowdStrike Holdings (CRWD), which ...
Production shutdown
Toyota Motor (NYSE:TM), Honda (T:7267) Motor (NYSE:HMC) and Samsung (KS:005930) Electronics (LON:0593xq) said production problems as bad weather, blocked ports and the ongoing impact of Covid-19...
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...
Oracle's report and forecasts
Oracle shares fell on Wednesday after the close of trading as the company gave a fourth-quarter outlook below analysts' expectations. However, Oracle's revenue and profit growth accelerated in the third quarter and the ...
Xpeng earnings and losses
Xpeng reported better-than-expected quarterly earnings, but losses exceeded analysts' estimates. Xpeng is building a third plant in China and is preparing to launch a new electric sedan with autonomous driving by the end of...
Patent infringement fine
Intel shares fell 2.6 per cent on Tuesday as the largest chipmaker was accused by a court of infringing two patents owned by VLSI Tech and is now ordered to pay $2.18bn. Intel said it would appeal.
Intel (INTC) shares, up 2...
Target Corp. revenue
Target Corp (NYSE:TGT). which owns the second-largest discount shop chain in the United States, posted net income of 1.38 billion dollars, or 2.73 dollars per share, for its fiscal 4th quarter ended January 30, up from 834 milli...
Losses and production cuts
Nio shares fell after the Chinese electric car maker reported larger-than-expected Q4 losses and warned it will be forced to cut production in the second quarter.
Nio (NIO) shares f...
Report from Zoom
Zoom reported record growth in quarterly revenues and profits, exceeding Wall Street estimates. Zoom's projections for the first quarter and full fiscal year 2022 are also above expectations.
Shares in Zoom Video Communications (ZM...
Deal with McDonald's and Yum! Brands
Beyond Meat (NASDAQ:BYND) products will soon be widely available at McDonald's (NYSE:MCD) and Yum! Brands (NYSE:YUM)-owned KFC (T:3420), Pizza Hut and Taco Bell's most famous fast food restaurants.
The plant-bas...
Salesforce shares and forecasts
Salesforce shares fell despite a good quarterly report as Wall Street expected higher profits in the new year with the Slack acquisition.
Salesforce (CRM) shares, up 29.2% over the past 12 months, fell 3.9% on Thursd...
Sale of AT&T's large stake
AT&T may announce the sale of a minority stake in its DirecTV, AT&T TV Now and U-Verse companies for $15bn to private equity firm TPG as early as this week, media reports said.
AT&T (T) is in advanced talk...
The company's earnings and shares
Home Depot reported a strong fourth quarter, exceeding analysts' estimates, but did not give definite forecasts for 2021 because of the pandemic and the difficulty of forecast...
Selling the division
IBM is in the early stages of talks to sell or spin off its unprofitable Watson Health division. This could help IBM streamline its business and speed up restructuring.
IBM (IBM) is considering selling or separating its Watson ...
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