New York News

News of New York

Facebook shares down 22%
3 February 2022
3467
Meta Platforms report and shares Shares in Meta Platforms (FB), formerly Facebook, which has lost 10% in the past six months, fell 22.9% in after-hours trading on Wednesday after the social media giant released a disappointing 20...
Spotify shares fall after its forecast
3 February 2022
3388
Falling after the report Shares in music service Spotify fell more than 10 per cent to $171.9 after the close of principal trading on Wednesday, February 2, due to the company's weaker-than-expected subscriber forecast. The service's shares were do...
US stock indices in a choppy state
2 February 2022
3374
Market today US stock indices were volatile in the early hours of Wednesday morning before the opening of trading on Wall Street, with both the Nasdaq and S&P technology indices rising most of the night, but the Dow Jones rising late into the ni...
AMD's revenues, profits and forecasts
2 February 2022
3317
Company report results Advanced Micro Devices (AMD) (NASDAQ:AMD) on Tuesday reported fourth-quarter results that beat analysts' estimates. The revenue figure exceeded forecasts. The company reported $0.92 earnings per share and reven...
Pfizer has applied to the US for approval of its COVID-19 vaccine for children under five
2 February 2022
3586
Vaccine for children Pfizer and BioNTech have urged US authorities to approve a coronavirus vaccine for children aged 6 months to 5 years, according to a statement published on Pfizer's website on Tuesday. Pfizer's Albert Bourla said...
Sirius XM company report: Communication Services sector
1 February 2022
3324
Report from the company Sirius XM released a report on Tuesday with fourth-quarter results that beat analysts' estimates. The earnings figure exceeded forecasts. The company reported earnings per share of $0.08 and revenues of $2.28bln. Analysts ha...
Stocks rise after UPS and ExxonMobil report
1 February 2022
3291
US stock indices All three major indices: Dow Jones, S&P 500 and Nasdaq rose at the premarket. United Parcel Service shares rose after revenue of $27.7bn beat forecasts. UPS also increased its dividend by 49% to 0.50 cents per share. ExxonMobi...
Meta has sold its cryptocurrency project Diem
1 February 2022
3187
Cryptocurrency project Meta (the owner of Facebook) sold its Diem project (formerly Libra) to Silvergate Bank. The corporation planned to launch its own cryptocurrency under this struc...
Citrix acquires Elliott and Vista for $16.5bn
31 January 2022
3269
Company report Citrix Systems (CS) released its fourth-quarter results on Monday, beating analysts' estimates. The earnings figure exceeded forecasts. The Citrix reported earnings per share of $1.47...
AMD gets Chinese approval to buy Xilinx for $35bn
31 January 2022
3096
Xilinx to be bought by AMD AMD and Xilinx shares rose after Chinese regulators gave preliminary approval to the purchase deal announced more than a year ago. Advanced Micro Devices (AMD) and Xilinx (XLNX) shareholders received positi...
The stock market this week
31 January 2022
3340
Schedule for the week Stocks were very volatile last week and market analysts are predicting a further "transitional period". The S&P 500, Dow Jones ended last week up 0.77%, 1.34% and the Nasdaq Composite was virtually unchanged, market volati...
Job advertisements in New York will soon include a range of salaries
29 January 2022
3296
Vacancies in New York City The new law requires most of the city's hiring companies to list expected salaries as of May 15. New York City will require employers to include minimum and maximum salaries in job listings starting this spring, a require...
ACV Auctions shares close the week down 22.6%
29 January 2022
3123
Class A shares for the week Shares in ACV Auctions Inc. (ACVA) is class A closed this week 22.6% lower than at the end of last week. The stock is now down 34.6% YTD, down 60.6% over the past 12 months and down 60.6% over the past five years. Howeve...
VF Corporation reports EPS for third quarter
28 January 2022
3107
The clothing and footwear manufacturer has reported VF Corp. (VFC) today reported solid financial results for the third quarter of financial year 2022. However, despite the challenging economic ...
U.S. stock market: Dow Jones, S&P and Nasdaq dipped
28 January 2022
3122
US stock indices on Friday The Dow Jones Industrial Average fell more than 178 points, or 0.5 per cent, while the S&P 500 and Nasdaq Composite fell 0.6 per cent and 0.3 per cent respectively. Caterpillar shares fell after it noted that obstacle...
Colgate-Palmolive earnings beat forecasts
28 January 2022
3036
Company report Colgate-Palmolive released its fourth-quarter results on Friday, which beat analysts' estimates. However, the earnings figure fell short of forecasts. The company reported earnings per share of $0.7...
Apple's quarterly revenue reaches a record $123.9bn
28 January 2022
7060
Quarterly report According to Apple's report, which was released on Thursday 01/27/22, Apple's revenue for the past quarter was up 11% year-on-year to almost $124 billion, setting a new record. For the three-month reporting period ending December 2...
Chuck Palahniuk reacts to changing the ending of a film based on his novel
27 January 2022
3352
Movie ending Writer Chuck Palahniuk, whose novel was the basis for the 1999 film Fight Club directed by David Fincher, has responded to a change in the ending of the film being screened in China...
Intel report beats Wall Street estimates
27 January 2022
3118
All about the Intel report Intel (INTC) shares fell despite the chipmaker's 2021 earnings report beating market analysts' forecasts. Intel announced the launch of sales of a new server chip in the current quarter as well as plans to invest in new pl...
Tesla report beats forecasts: Four quarter 2021
27 January 2022
2933
Report from the electric car maker Tesla (TSLA) has expectedly beaten market analysts' forecasts for both profits and revenues thanks to record sales of electric vehicles. However, Tesla's supply chain problems will prevent it from introducing new m...
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