New York News

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AT&T shares fall due to 40%-43% dividend cut
20 May 2021
4972
Dividend cut AT&T shares fell 5.8% on Tuesday, following a 3% fall on Monday, as investors react to the company's announcement of a 40%-43% cut in its dividend payout ratio. AT&T shares rose initially on Monday before falling in the second ...
Home Depot's sales up 32.7%
18 May 2021
4806
Home Depot report Home Depot (HD) shares reacted to the company's quarterly report by rising 2.18% before the opening of trading on Tuesday, as investor fears of a slowdown in demand for home improvement products failed to materialise. Demand for b...
Walmart report beat Wall Street estimates
18 May 2021
4723
Walmart's report Walmart, the biggest US supermarket chain focused on home goods, posted stronger results from February to April than analysts had expected. Shares rise before the opening of trading on Tuesday. The biggest US retailers reported the...
ТЕХНА: Solid Poultry Equipment and High-Level Maintenance Service
20 May 2021
4630
There is a need to develop and implement new technological solutions due to the active growth and development of poultry farming. Experts try to improve existing developments or create new ones that comply with current terms and technological capabil...
Swiss central bank bought shares Zoom, Li Auto, XPeng and Tilray
17 May 2021
5198
Buying shares Shares in XPeng and Li Auto, as well as cannabis producer Tilray and videoconferencing app Zoom, were bought by the Swiss National Bank in the first quarter of 2021. Switzerland's central bank h...
US stock indices rose in Friday trading
17 May 2021
4893
Trading results US stock market rallied on Friday but ended the week in the red. The Dow Jones Industrial Average index rose 360.68 points (1.06%) to 34382.13 points. The Standard Poor's ...
New Yorkers keep wearing masks
15 May 2021
5055
A pandemic in New York City Most New Yorkers continue to wear masks, despite US President Joe Biden's announcement that it is now OK to be outside without them, and fully vaccinated Americans can take them off even indoors. A very strict mask regim...
XPeng shares fell almost 5%
15 May 2021
4625
XPeng shares Chinese electric car maker XPeng reported higher quarterly earnings than analysts had expected. XPeng's first-quarter shipments rose despite a shortage of semiconductors, with the company forecasting growth in the&nb...
Disney shares fell 4%
14 May 2021
4976
Disney+ subscriber growth Disney reported quarterly earnings above market analysts' expectations, but its revenues came in below estimates. Disney's streaming business added fewer new users than Wall Street forecast, similar to Netflix's latest quar...
Coinbase reported record profits in first report as public company
14 May 2021
4765
The company's first report Coinbase shares rose after the company reported strong quarterly results amid rising bitcoin and other cryptocurrency prices. Coinbase said it will add Dogecoin to its platform within six to eight weeks. Coinbas...
Alibaba reported losses due to $2.75bn fine
14 May 2021
4545
Losses due to fine Alibaba reported stronger revenues and number of active users in the March quarter than Wall Street expected, but posted its first loss in nine years because of a major antitrust fine. Shares in Chinese e...
Tesla stops selling its cars for bitcoins
14 May 2021
4567
Tesla and cryptocurrency Tesla CEO Elon Musk has announced that the company will no longer accept bitcoin to pay for the purchase of its electric vehicles because mining the cryptocurrency requires huge amounts of electricity generated from fossil f...
Sonos, Vroom rise premarket
13 May 2021
4935
Stock market Prudential (LON:PRU) shares fell 4.3% after the UK-based life insurance company said the spin-off of its US business would not take place until the second half of the year. Alibaba (NYSE:BABA) shares fell 3.1% as China's leading e-comm...
U.S. stock market fell sharply as inflation surges in April
13 May 2021
4611
Market plunges sharply Wall Street fears of rising inflation in the US came true when the government reported a 4.2% jump in consumer price growth in April, the worst rate in 12 years. US s...
Bayer's quarterly net profit jumped 40%
12 May 2021
4165
Bayer earnings The net profit of German chemical and pharmaceutical concern Bayer AG jumped 40% to EUR 2.09 billion in the first quarter, compared to EUR 1.49 billion in the same period of ...
Tesla sales in China declined in April
12 May 2021
4145
Tesla in China Tesla shares fell after the release of data from the China Passenger Car Association on its sales in April. The media reports that Tesla is facing PR problems in the country and has also refused to buy la...
Deutsche Telekom's quarterly net profit up 2%
12 May 2021
4361
Deutsche Telekom AG net profit Deutsche Telekom AG (DE:DTEGn), Europe's largest telecommunications company, posted net profit of €936 million in January-March 2021, compared to €916 million in the same period in 2020 (up 2.2%), the company...
Palantir reports revenue growth of 49%
11 May 2021
4456
Palantir's earnings growth Palantir shares fell amid a correction in the stock market despite the company reporting strong revenue growth in the first quarter, exceeding Wall Street forecasts. Palantir's earnings growth is forecast to slow in the se...
PayPal wants to become a "super app"
11 May 2021
6483
PayPal is "super app" PayPal is preparing to introduce a number of new features in the third quarter as its management sees the company's future in the concept of a "super-app" with capabilities that go far beyond the payment function alone. PayPal...
Americans' expectations for year-ahead inflation rose to 3.4% in April
11 May 2021
4384
US inflation Recent surveys have shown that Americans are bracing for the highest inflation rate since 2013, according to the New York Fed. Rising prices could slow the pace of the US economic recovery. Concerns about rising inflation in the US int...
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