Falling on the premarket
Oracle shares fell 5.1% on the New York Stock Exchange's premarket after Oracle predicted its earnings for the current quarter would be below expectations as it ramps up investment in its cloud computing business to&nbs...
Chinese stock market
Chinese shares ended Wednesday's trading lower, led by the materials and health care sectors, as investors were concerned about overvalued securities and the upcoming US Federal Reserve meeting results.
The Shanghai Composite i...
Falling company shares
Oracle shares fell 4.6% after Tuesday's close as the company announced it would double its capital investment in cloud services this fiscal year to nearly $4bn. This will have an impact on earnings.
Oracle (ORCL) on...
New manufacturing plants
General Motors will increase its spending on electric cars, following a similar move by rival Ford, and also plans to open two new battery plants, Reuters reports. GM is counting on the US government to help f...
New York Stock Exchange premarket
Shares in Boeing (NYSE:BA) are up 0.5% following the US and EU decision to end a 17-year dispute over aircraft subsidies for Boeing and its rival Airbus.
Biogen (NASDAQ: BIIB) shares were down 0.3% following a fail...
Boeing and Airbus dispute
The European Union and the U.S. have reached an agreement to end a long-running trade dispute over Boeing and Airbus that has resulted in more than $10 billion in reciprocal customs duties...
Vaccine approval application
Novavax will be another major international supplier of vaccines against COVID-19, as trials of its NVX-CoV2373 vaccine have shown an overall effectiveness of 90.4% with good tolerability. Novavax expects coronaviru...
Nvidia and DeepMap
NVIDIA shares reacted by rising to the purchase of privately held DeepMap, which makes high-definition mapping software that will help improve Nvidia's in-car chips with machine learning technology.
Nvidia (NV...
Orphazyme's meme shares
Shares in Danish biotech company Orphazyme (CSE:ORPHA) fell immediately by 36.65% to 51 DKK at the opening of trading on Monday, 14 June on the Copenhagen Stock Exchange.
A little late...
Wall Street reforms
The new head of the US Securities and Exchange Commission (SEC), Gary Gensler, has unveiled 49 solutions to reform Wall Street rules, including a call for stricter regulation of platfo...
Marriage from the age of 18
A bill passed by the state Assembly has been sent to Governor Andrew Cuomo, making it possible to solemnise a relationship only from the age of 18, with no exceptions.
In 2017, a law wa...
Corporate tax
The G7 countries on Friday formally approved a global minimum corporate tax rate of 15 per cent. This means that multinational companies like Google, Facebook, Apple and others must pay this minimum tax in ...
Tesla electric cars for bitcoins
U.S. electric carmaker Tesla will once again begin accepting bitcoins as payment for its products when the receipt of this type of cryptocurrency becomes more environmentally friendly. This was announced by Tesla CEO...
Rising stock indices
US stock indices edged slightly higher in trading on Friday, with the S&P 500 hitting a new closing record despite data on accelerating US inflation.
US consumer prices (CPI) jumped 5 per cent in May compared with the same ...
Unemployment benefits
Fraudsters have stolen $400 billion in unemployment benefits that the US authorities have assigned to citizens. This amount represents almost half of all payments sent to unemployed Americans. Most...
Expanding cooperation in the region
Australian Prime Minister Scott Morrison discussed with US President Joe Biden and British Prime Minister Boris Johnson expanding cooperation on key areas. The Australian newspaper reported on Sunday that the them...
Check of Apple and Google
The Japanese government intends to inspect Apple and Google for violations of antitrust laws and obstruction of fair competition. The Nikkei newspaper reported this on Sunday.
According to the newspaper, a government commi...
Didi and IPO
China's largest passenger taxi service company Didi has filed paperwork to go public in the US, the BBC reports.
The company is known to have the backing of major Asian technology investment firms, including Softbank (T:9984), Alibaba ...
Sales for Prime Day
Amazon Prime Day 2021 is officially set for 21-22 June. Although the date is still a long way off, some discounts are available now. This is the first year of Prime Day in June. Historically, it has ...
TSMC in the US
Back in 2019, TSMC showed the public a sample of a multi-chip product that combined two 600mm2 processors and eight HBM memory chips on a single substrate. Now the company is ready to move to a three-dimensional layout, and one of the...
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