Pinterest's long-term growth
Pinterest shares are increasingly the choice of investment firms and hedge funds that believe in better monetisation and more advertising products on the platform. That's what Pinterest is doing for its long-term growth....
Stock Market
US stock indices are falling on Tuesday ahead of speeches by US Treasury Secretary Janet Yellen and Federal Reserve (Fed) chief Jerome Powell.The Dow Jones Industrial Average index was down 47.22 points (0.14 per cent) at 32683.98.
The...
Buying Discord
Microsoft is in talks with Discord, whose app allows people to communicate through video games and can also be used in business, education, tourism, etc.
Microsoft (MSFT) is in talks to acquire ...
US government bond market
US stock indices rose in early trading on Monday after falling last week.
For the week the Dow Jones and S&P 500 fell 0.5% and 0.8% respectively after rising for the previous two consecutive weeks. The Nasdaq fell 0.8%...
Shares of electric car makers surge
Shares in Chinese electric car makers Nio, Xpeng and Li Auto rose sharply on Friday amid news of details of their IPO in Hong Kong. The companies are attracting major US investment banks as underwriters.
Shares o...
Delivering microsatellites into orbit
SpaceX intends to launch another 60 microsatellites into orbit for the Starlink network on 24 March.
"The Falcon 9 rocket is scheduled to launch from Cape Canaveral, Florida, at 04:58 US East Coast Time. This w...
Crime is down
According to the police department, in February the total number of crimes committed in the city was 26.5% lower than a year earlier. This was primarily due to a drop in the number of thefts (down 40.45%) and robberies (down 32.7%).
T...
AirTrain in New York
The long-planned LaGuardia AirTrain is about to become a reality. On what this "air train" will be.
The Federal Aviation Administration (FAA) has completed its review and consultation on the project and said it could move forwa...
US stock market
The US stock market ended Saturday's trading multidirectional due to strengthening of consumer services, technology and healthcare sectors. The market is performing on the back of negative momentum from the financials, industrials an...
A mind-reading bracelet
Facebook has demonstrated a prototype wristband that could make the use of smart glasses ubiquitous. Facebook has previously promised to launch its Orion smart glasses between 2023 and 2025. The technology could replace smart...
Snap share price and Fit Analytics acquisition
Snap shares rose nearly 3% on news of the acquisition of Fit Analytics, whose clothing sizing product will help improve monetisation of Snapchat's app among apparel ad...
Telemedicine from Amazon
Amazon announced on Wednesday it is expanding its telemedicine service to employees in all 50 US states. The company is also making Amazon Care services available t...
Company revenue growth
Cybersecurity firm CrowdStrike has reported a better end to the financial year 2021 and a better outlook for the next quarter and year than market analysts had expected.
Shares in CrowdStrike Holdings (CRWD), which ...
Developing artificial intelligence
Vadim Pinskiy is Vice President of R&D at Nanotronics, where he oversees product development, short-term R&D and long-term development of artificial intelligence platforms. Vadim is interested in applying a...
Fed keeps interest rates on hold
The Fed meeting ended on Wednesday with the expected announcements. The stock market reacted by rising, with the US dollar declining against a basket of major currencies.
The Fed's March two-day meeting ended Wednes...
Production shutdown
Toyota Motor (NYSE:TM), Honda (T:7267) Motor (NYSE:HMC) and Samsung (KS:005930) Electronics (LON:0593xq) said production problems as bad weather, blocked ports and the ongoing impact of Covid-19...
Empty flats in New York City
The pandemic has emptied the city and rental prices have fallen to their lowest levels in years. But according to a new report, New Yorkers may have trouble finding these flats on the market.
New York landlords are remo...
Trading ends in the red
The US S&P 500 index ended negative on Tuesday, following energy and industrial shares as investors awaited the outcome of the United States Federal Reserve (Fed) meeting.
The market showed no unihip may improve its econ...
New funding round
Stripe, the international payment processing company, has raised $600m in funding and has a market valuation of around $95bn. higher than the valuation of Facebook or Uber on the eve of their IPOs. Stripe's millions of customers in...
European market
The European stock market rallied on Tuesday thanks to gains by Volkswagen AG Vz (DE:VOWG_p), but new worries over COVID-19 intensified.
Germany's DAX index traded 0.5% higher, France's CAC 40 rose 0.1% and Britain's FTSE was up 0.5...
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