Futures rise
US stock futures rose ahead of the release of data expected to show an increase in demand for durable goods.
S&P 500 futures rose 0.3 per cent and Dow Jones Industrial Average futures rose 0.5 per cent. Contracts do not necessarily...
Approaching SPAC
Polestar is moving closer to a public listing deal through a merger with a specialist acquisition company that would value the Swedish electric carmaker at $21 billion, according to sourc...
Bond yields continue to rise
Bond yields rose sharply last week and market experts see preconditions for a further rise. This will not necessarily be reflected in a fall in the stock market, but analysts point to opposite reactions of equities, depe...
Vaccination card in Wallet
Apple, Inc. has decided to distribute digital copies of covid-19 vaccination cards to Apple's Wallet app for users to send to businesses and locations. In a statement released Tuesday, the company&...
Purchase restrictions
Costco has confirmed that it will begin to reduce purchases of basic household items after delays in the supply chain, which is a complete storm for many retailers.
Costco CFO Richard Gallanti said: "W...
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 ...
Books at every turn
New York City to install vending machines with free sharing of stories to read.
In New York, there are many machines: drinks, snacks, personal protective equipment. Now the city can also add story machines to this list, where st...
Auction from Christie's
Twenty-five Impressionist works worth over $200 million, including paintings by Gustave Caillebotte, Paul Cézanne and Vincent van Gogh, will go under the hammer. It was reported by the auction house Christie's, which i...
US stock indices continued to rise on Thursday
As investors embraced the Federal Reserve's plans to cut asset purchases and raise interest rates. The Dow Jones Industrial Average index rose 230 points, or 0.67%, while the&nb...
Uber shares after forecast
Uber (UBER) said it could make up to $25m in profit in the third quarter on the back of improvements in both its taxi and delivery services. Uber shares posted their strongest one-day gain since early 2021.
Uber (UBER) sh...
Employee shortage
Large corporations from Amazon to UPS have announced hiring in recent weeks a welcome sign for the labour market and the economy as a whole US employers added just 235,000 jobs in August, a surprisingly weak gain after two months o...
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...
The state of the company's stock
FedEx (FDX) shares fell 4.4% in after-hours trading after its financial report. The second US delivery company lowered its profit forecast for fiscal 2022 and said rising labour costs an...
Crisis in the making
Nasdaq Composite, S&P 500 and Dow Jones fell sharply on Monday, with the financial sector hardest hit shares of major US banks JPMorgan Chase (JPM), Goldman Sachs (GS) and others fell by 3% or more. The market sees risks in ...
MBA enrolment levels have fallen
Some of the most prominent MBA programmes in the US have registered a sharp drop or sluggish interest from prospective applicants this year following the 2020 admissions cycle, which saw a sharp rise in applicat...
The price of delivery
Delivery tariffs are rising faster than they have in nearly a decade, increasing pressure on merchants to raise prices or find other ways to offset higher costs.
FedEx Corp on Monday said delivery rates will rise by an average...
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...
Key takeaways from Apple's presentation
Apple shares rose slightly after the company's annual presentation, where it unveiled its new iPhone 13 range, the new iPad and iPad mini 2021, Apple Watch Series 7 and updates to...
At Costco, the number of visitors exceeds pre-pandemic levels
In recent months, customers have returned to warehouse clubs at levels above pre-pandemic levels and Costco has shown overwhelming strength in terms of market share, a new report reveals....
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