New York News

News of New York

Airbnb shares down 4%
13 August 2021
6391
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...
After the opening of Disney parks, the company's profits have risen
13 August 2021
3945
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...
Palantir shares up 9%
13 August 2021
3844
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....
US stock market closes higher on Thursday
13 August 2021
3867
US stock market The Dow Jones was up 0.04% at the close on the New York Stock Exchange, the S&P 500 was up 0.30% and the NASDAQ Composite was up 0.35%. The top gainers among Dow Jones index components in yesterday's trading were Salesforce.com ...
US begins work on law that would limit the power of Apple and Google app stores
12 August 2021
4000
Google and Apple app stores On Wednesday, the US unveiled the Open Application Marketplaces Act, which aims to increase competition in the app shop market, which is dominated by the Apple Store and Google Play. The Open Application Market...
Nio reports 127% revenue growth and 112% growth in electric vehicle deliveries
12 August 2021
3699
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 (...
Robinhood buys Say Technologies platform for $140m
12 August 2021
3938
Robinhood & Say Technologies There's a lot of similarity between the stock market debut of Robinhood Markets (NASDAQ:HOOD) and the IPO of Facebook (NASDAQ:FB) over 9 years ago: both were met with a chill from investors, Robinhood shares started ...
US inflation continued to rise at a high rate in July
12 August 2021
3798
Inflation rises The US Department of Labour said on Wednesday that consumer prices rose 0.5% last month, slowing down from June's 0.9% increase. Economists' forecasts came true. The release of US inflation data for July was the key event for financ...
Google Cloud and Workday have entered into a strategic partnership
11 August 2021
3870
Partnership between Google and Workday Google (NASDAQ:GOOGL) Cloud and Workday (NASDAQ:WDAY), a leader in enterprise cloud applications for finance and human resources, have announced a strategic partnership that will enable many companies arou...
Instagram launches mechanisms to deal with aggressive behaviour on the social network
11 August 2021
6349
Combating aggressive Instagram users Instagram has unveiled several innovations designed to combat aggressive behaviour on the social network. A Limits feature has been made available to users to limit the flow of negative commen...
Coinbase reports profit growth despite bitcoin plunge
11 August 2021
3679
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...
Tesla sales cratered in China, but investors don't seem to mind
11 August 2021
3722
Tesla sales in China Sales figures for Tesla vehicles (TSLA) produced in China in July showed a decline compared to June. Most of them are related to exports, with Tesla sale...
SoftBank dumps shares in Microsoft, Facebook, Alphabet and Netflix
11 August 2021
4103
Stock sell-off Softbank, the world-renowned Japanese investment bank, published its financial report for the quarter ended 30 June on Tuesday. In addition to lower profits, Softbank's report showed a sell-off in shares in Microsoft, Facebook, Alphab...
DraftKings to buy Golden Nugget online casino for $1.56bn
10 August 2021
3606
DraftKings & Golden Nugget DraftKings (NASDAQ:DKNG) has decided to acquire Golden Nugget Online Gaming (NASDAQ:GNOG) for $1.56 billion, CNBC reports. Through this acquisition, DraftKings will be able to attract more than 5 million Golden&n...
AMC will accept bitcoins in cinemas
10 August 2021
3551
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...
Progress in the U.S. economy again
10 August 2021
3672
Progress in the economy Two Fed officials noted progress in the US economy on Monday, predicting when the central bank will begin cutting bond purchases and raising the benchmark interest rate. On Monday, US stock indices were affected by...
Moderna shares up 17%
10 August 2021
3504
Share price rises Moderna shares hit a new high on Monday, ending trading up 17% on news of Australia ordering 25 million Moderna vaccines from COVID-19 and recent research showing greater efficacy from the Delta strain of Moderna vaccine than Pfize...
Shares in lithium producer Livent become more attractive after report
9 August 2021
3702
Livent's shares after report Livent (LTHM) shares rose 8.6% on Friday after the lithium producer raised its full-year earnings and revenue guidance. Livent is expanding its production capacity in the U.S. and ...
New York governor's closest aide resigns amid scandal
9 August 2021
6387
To resign New York Governor Andrew Cuomo's closest aide Melissa Derosa has resigned after prosecutors found evidence of sexual harassment by the state chief. Melissa Derosa said: "It has been an honour to serve the people of my ...
Berkshire Hathaway tells investors growth is back on track
9 August 2021
3503
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...
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Instagram
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Netflix
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10 Mention
White House
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TikTok
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Tesla
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Us Weekly
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