Tesla earnings
Tesla shares fell 2.5 per cent after the world's most expensive car company released its quarterly results. Despite Tesla's record profit growth, sceptics saw many risks for the company in 2021.
Tesla (TSLA) shares reacted with a dec...
Revenues beat Wall Street forecasts
Snap shares reacted strongly to successful first-quarter results and high revenue growth forecasts of 80% to 85% in the second quarter, according to management expectations. Snap outperformed analysts' e...
Vaccination made more accessible to New Yorkers
New York City authorities have expanded access to vaccination against the new coronavirus for the city's entire population, regardless of neighborhood. This was announced on Fr...
Vaccinating Apple employees
Apple Corp. is working with pharmacy company Walgreens Boots Alliance to create a program to vaccinate its employees against coronavirus right in Apple offices. This was reported by Bloomberg on F...
American Express revenue
American Express Co (NYSE:AXP), one of the leaders in the U.S. plastic card market, posted a six-fold increase in net income in the first quarter to 2.2 billion dollars, or 2.74 dollars per share, compared with 367 million d...
Tax rate increase
President Joe Biden is preparing to propose next week an increase in the basic tax rate for millionaires, raising it from 20% to 39.6% to fund a new government programme, the American Family Plan, which cou...
Chip sales fall
Intel reported first-quarter 2021 earnings and revenue above analysts' estimates, but its second-quarter profit forecast and falling data centre chip sales disappointed investors.
Intel (INTC) shares fell 2.6 per...
United States stock market
US stock exchanges ended trading in the green zone. S&P 500 rose 0.93% to 4173 points, Dow Jones added 0.93% and NASDAQ rose 1.19%. Almost all sectors showed positive dynamics with the exception of utilities (-0.90%) a...
Paying with the palm of your hand
Amazon is introducing its innovative Amazon One palm scan payment system to grocery chain Whole Foods after trying it out in its Go shops. Amazon sees selling the technology to third-party companies as its next step...
Market expansion in Europe
Nio plans to start shipping its electric cars to Europe in May; its competitor XPeng has already delivered its first 300 electric cars to Norway. Analysts predict that Europe will become ...
Sharp drop in shares
Netflix reported on Tuesday adding 3.98 million new paid subscribers worldwide for the first quarter. Netflix points to the pause in movie production due to the pandemic and denies the impact of growing competition.
Shares ...
Apple's presentation
Apple on Tuesday unveiled its new products, which were, expectedly, the new iPad Pro tablets with the M1 chip, new iMacs, AirTags for finding things, the new Apple TV 4K set-top box, the new purple colour of the previously relea...
Lockheed Martin earnings
Net income at US military-industrial group Lockheed Martin (NYSE:LMT) Corp. rose 6 percent to $1.8 billion, or $6.56 per share, compared with $1.7 billion, or $6.08 per share, in the same period last year.
Lockheed Martin's...
Report from J&J
J&J shares rose on Tuesday on the back of a financial report above Wall Street estimates, a dividend hike and the annual financial outlook. J&J reported that sales of its COVID-19 vaccines reached $100m. Investors are ass...
New audio features
Facebook on Monday officially announced that it is preparing a number of new audio features for its main app and for Messenger, which include Live Audio Rooms-like Clubhouse audio chats, the creation of short e...
Deal under threat
Nvidia's biggest deal to acquire UK tech company Arm for $40bn could be blocked by UK authorities. An investigation into the potential implications of the deal has been launched and national secur...
Coca-Cola's quarterly results
Coca-Cola shares rose as the company managed to beat analysts' expectations for first-quarter earnings and revenue thanks to a strong sales recovery in Asia. The company is forecasting growth for the second qu...
Safety investigation
Peloton is facing pressure from the US Consumer Product Safety Commission (CPSC) as several children have been injured and one child has died due to an accident involving Peloton Trea...
Economic recovery
Record high retail sales in March and sharply lower jobless claims in the USA show strong positive momentum from mass vaccination in the country, reduced quarantine restrictions and government incentives with direct ...
VMware as a separate company
Dell shares surged 6.7 per cent on Thursday following news of the spin-off of VMware into a separate company. Dell will receive up to $9.7 b...
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