Chances of Jerome Powell staying on for a second term
Last week, Fed Chair Powell came under heavy criticism from Senator Elizabeth Warren. Market forecasts showed Powell's chances of reappointment declining. Here's wha...
Black Friday from Amazon
Amazon has announced early Black Friday discounts and rebates.
Amazon customers can now find Black Friday-worthy deals and discounts across a wide range of product categories,&nb...
Losing money due to social networking problems
Facebook shares fell about 5 per cent on Monday due to a long shutdown affecting the social media giant, as well as Facebook-owned Instagram and Whatsapp.
Facebook's falling share price ...
Going public on the Nasdaq
Electric pick-up and SUV maker Rivian reported its finances to the SEC on Friday, as the company plans to sell its shares on the Nas...
Hitting stocks
According to Goldman Sachs, a stock market crash would likely require a sharp rise in rates The S&P 500 index has fallen 5 per cent from its all-time high as inflation and potential Fed policy changes have awakened investors to th...
Share price breaks all records
Netflix (NFLX) shares are at record highs as investors have received a number of positive signals from the streaming giant. The latest upbeat news makes up for some disappointment from slowing user growth in the second...
Google partnership and semiconductor shortages
AMD's stock rose 2.54 percent after news that the company's new AMD EPYC processor has been adopted by Google's data centre. In addition, the company announced ambitious targets for energy efficiency, E...
Record shipments
Tesla once again reported record shipments despite the issue of semiconductor failure.Tesla's sales and production statistics show strong growth, and if this pace continues, it will likely exceed its annual shipment forecast for 202...
Sales fall
General Motors (GM) shares declined in early trading on Friday as the biggest US carmaker reported its first drop in deliveries in four quarters.
Dealers at General Motors Co. (GM) delivered 446,997 vehicles in the US in the third quarte...
New record level for deliveries
NIO (NIO) shares rose on news that monthly and quarterly deliveries exceeded forecasts and reached record levels. The first large-scale delivery of NIO electric vehicles to Norway marked a historic moment.
NIO (NIO),...
XPeng and electric car deliveries
Shares in XPeng (XPEV), the Chinese electric car maker, rose on a report of a new record monthly delivery. Data for September suggest that the company is successfully coping with chip shorta...
Stocks of companies at a time of rising bond yields
Shares in General Electric, Caterpillar and Boeing as well as financial and energy companies would be the best bet as US Treasury yields return to annual highs.
This ...
New products from Amazon
Amazon (AMZN) on Tuesday unveiled a host of new consumer electronics gadgets, including a robotic pet, a home drone, an Amazon Glow projection gadget for children, a new Echo Show 15 display, which the company call...
US stock indices fell sharply on Tuesday
After 10-year treasury bond yields rose to 1.54%, which hit tech growth stocks the hardest. Uncertainty around the raising of the US government debt limit and the risk of a lockdown is causing further worries...
Shares plunge
Micron Technology (MU) shares fell sharply after the company reported a record quarter but gave a forecast well below and worse than analysts' expectations. Wall Street experts pointed out the problems and lowered their target prices f...
Economic growth
The energy crisis is gaining momentum, with oil and gas shortages likely to affect the world through rising prices. Experts predict rising inflation, a slowing economy and increased instability. Shares in oil and ...
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...
Booster vaccines
CVS and Walgreens pharmacies across the country are administering Pfizer's COVID-19 vaccine boosters to millions of eligible Americans who are most at risk of contracting the virus.
About 6,000 CVS pharmacies and MinuteClinic acros...
TikTok active users
TikTok has officially surpassed 10 billion monthly active users worldwide.
The popularity of this short video app, owned by ByteDance, a Chinese business technology, has exploded since its launch in...
Instagram Kids project
Facebook announced on Monday that it would suspend the release of "Instagram Kids" following the release of the "Facebook Files" and closer scrutiny of the company's impact on its youngest users.
A recent Wall Street Journal ...
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