Falling again
The Fed chairman did not express concern that Treasury yields are at their highest level since the start of the pandemic. Investors, in turn, are concerned about this Fed stance because of the risks of inflatio...
Ford deliveries down
Ford shares fell 3% after the carmaker reported an overall decline in deliveries in February, but executives noted a strong 11.8% rise in combined Mustang Mach-E and Bronco Sport sales.
Ford Motor Company (F) on ...
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...
IPO plans
Major real estate company Compass, which provides technology solutions for real estate transactions in the US, has reported 55% revenue growth and plans for an IPO.
Compass, a technology s...
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...
Conflict with FINRA
Digital asset friendly platform Robinhood is in talks with a number of regulators regarding a possible settlement of claims from them. This is according to a statement sent to the US ,Secur...
FDA approves vaccine
Johnson&Johnson has received approval for emergency use of its vaccine in the US, with the advantages of single-dose administration and standard storage requirements.
Johnson&Johnson receiv...
Record inflows of $11.6bn emerging markets
Emerging market equities lost almost 3% on Friday following a jump in US government bond yields and could show their biggest weekly decline since March 2020. The South African rand gained 1% thanks to a ral...
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...
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...
Trading in the red
Western European stock indices ended trading in negative territory amid cautious global market sentiment.
Some equity investors are becoming increasingly concerned about the strong rebound in bond yields in recent weeks as it cou...
PayPal shares and targets
Shares in PayPal rose after the company announced plans to launch new financial services on its platform over the next two years, in particular stock trading and the creation of "high-yield savings ...
Rising shares by mistake
"Use Signal", wrote Elon Musk on 7 January. Shares in Signal Advance rose 527 per cent on Thursday and another 91 per cent on Friday, climbing from $0.6 to $7.19. Prior to that, little was known about the small company. Acco...
Cryptocurrency fever
When the video card market was hit by the first cryptocurrency boom in history, NVIDIA long questioned how to calculate miners contribution to the company's revenue in the gaming space.
Stale Pascal generation chips then had to...
U.S. stock indices rise
Major US stock indices rose on Thursday and ended trading at record highs. The Nasdaq ended trading above 13,000 points for the first time.
The US trade deficit in November 2020 widened to its highest since August 2006 at $6...
Chinese service providers
For the USA it has been an eventful week domestically, but the vector of foreign trade policy has not changed. The New York Stock Exchange (NYSE) still decided to stop trading in the securities of three Chinese telecom oper...
Ending the year with growth
The US stock market ends 2020 on an upswing despite the COVID-19 pandemic.
The Standard Poor's 500 Index jumped 66% from this year's low in March, the early days of the pandemic. Leading the gains were shares of Tesla (N...
APAC stocks
Asia-Pacific (APAC) stock indexes are mostly higher in trading on Monday after US President Donald Trump signed the country's $2.3 trillion fiscal year 2021 budget, which includes a $900 billion pandemic economic support package.
At the...
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