Struggling with AWS and Microsoft
Google's cloud platform will lower fees from software developers to expand its range of offerings to customers and better compete with Amazon AWS and Micro...
Nike's earnings and deliveries
Nike (NKE) shares fell 4% after the release of Q1 FY2022 report. 2022. Although the company's earnings are rising, Nike's supply is very limited due to the closure of factories in Vietnam. The world's largest...
The state of the company's stock
Salesforce (CRM) stock rose 7 percent on Thursday after the company raised its sales forecast for 2022 and 2023. Several analysts have raised ...
Supply disruptions
America's biggest housebuilders warn that supply chain disruptions caused by COVID-19 are not going away any time soon.
Both DR Horton Inc. and Lennar Corp., two of the biggest homebuilders in the US by market capitalisation, sai...
Outlook for the future.
Cisco (CSCO) shares rose slightly after the company gave a forecast to increase the share of the more profitable segment in its overall business and gave a revenue growth forecast for 2...
Peloton forecasts and statement
Peloton (PTON) reported a worse quarterly loss than analysts expected and also gave a weaker outlook for the current quarter. Investors should not expect profitability from Peloton before 2023.
Pe...
Xpeng report
Chinese electric vehicle maker XPeng (XPEV) has released a report with new record shipments and revenues, and has also given a 26% growth forecast for shipments in the current quarter. XPeng is ramping up production and starti...
Nvidia's earnings
The world's largest maker of graphics microchips for video games and artificial intelligence chips for data centres Nvidia Corp (NASDAQ:NVDA) on Wednesday reported second-quarter revenue...
Revenue and share price
Airbnb reported a 300% increase in second-quarter revenues compared with the crisis period in 2020. The company's losses also fell more than Wall Street expected.
Shares in Airbnb (ABNB), a digital platform for booking accom...
Disney's earnings and report
Disney has reported reaching 116 million subscribers to its Disney streaming service, double last year's figure. Thanks, among other things, to the relaunch of Disneyland Parks, the company posted a 4...
Share price, earnings and forecasts
Data analytics company Palantir (PLTR) has released its second-quarter financial report, which pleased investors. Palantir's customer base is growing, allowing the company to scale.
Palantir (PLTR) shares, up 18....
Revenues and deliveries
Nio released its second-quarter financial report on Wednesday, announcing an expansion of production capacity and plans to launch three new electric vehicles in 2022.
Chinese electric car maker Nio (...
Coinbase's profits
Cryptocurrency exchange Coinbase (COIN) reported growth in profits, trading volumes and user numbers, despite the bitcoin price dropping about 41% in the quarter. Coinbase expects trading volumes on i...
Cryptocurrency in cinemas
AMC Entertainment (NYSE:AMC) is set to start accepting bitcoins in cinemas to appeal to an army of Reddit investors who have backed the company's stock price, The Wall Street Journal reports.
CEO Adam A...
Berkshire Hathaway's earnings
Revenues at Warren Buffett's investment company, are up 22%, thanks to a rebound in growth at its subsidiaries in freight rail, energy and car sales.
Berkshire Hathaway (BRK.A, BRK.B), the...
Nikola's shares
Hydrogen-fuelled truck start-up Nikola reported its quarterly results on Tuesday, posting a loss and halving its year-end delivery forecast to just 25-50 units.
Nikola (NKLA) is a developer and manufacturer of zero-emission battery-...
Profit in the second quarter
CVS Health Corp (NYSE:CVS) reported second-quarter results on Wednesday that beat analysts' estimates. The earnings figure beat forecasts.
The company reported $2.42 earnings per ...
Revenue growth
Lyft continues to recover from the pandemic, posting quarterly revenue growth of 125% and pre-tax profits. Despite a new increase in illness and concerns about the Delta strain "July was Lyft's best month since March 2020".
Shares in...
Marriott revenue below expectations
US-based Marriott International Inc (NASDAQ:MAR). the operator of the world's largest hotel chain, returned to profitability in the second quarter of 2021 amid renewed demand for summer travel.
Accordin...
Alibaba shares fall
Chinese e-commerce giant Alibaba reported 1.18 billion active customers and increased its share buyback programme to a record $15 billion. However, the negative trends seen by investors outweighed and Alibaba ...
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
