New record level for deliveries
NIO (NIO) shares rose on news that monthly and quarterly deliveries exceeded forecasts and reached record levels. The first large-scale delivery of NIO electric vehicles to Norway marked a historic moment.
NIO (NIO),...
XPeng and electric car deliveries
Shares in XPeng (XPEV), the Chinese electric car maker, rose on a report of a new record monthly delivery. Data for September suggest that the company is successfully coping with chip shorta...
Stocks of companies at a time of rising bond yields
Shares in General Electric, Caterpillar and Boeing as well as financial and energy companies would be the best bet as US Treasury yields return to annual highs.
This ...
New products from Amazon
Amazon (AMZN) on Tuesday unveiled a host of new consumer electronics gadgets, including a robotic pet, a home drone, an Amazon Glow projection gadget for children, a new Echo Show 15 display, which the company call...
US stock indices fell sharply on Tuesday
After 10-year treasury bond yields rose to 1.54%, which hit tech growth stocks the hardest. Uncertainty around the raising of the US government debt limit and the risk of a lockdown is causing further worries...
Shares plunge
Micron Technology (MU) shares fell sharply after the company reported a record quarter but gave a forecast well below and worse than analysts' expectations. Wall Street experts pointed out the problems and lowered their target prices f...
Economic growth
The energy crisis is gaining momentum, with oil and gas shortages likely to affect the world through rising prices. Experts predict rising inflation, a slowing economy and increased instability. Shares in oil and ...
Struggling with AWS and Microsoft
Google's cloud platform will lower fees from software developers to expand its range of offerings to customers and better compete with Amazon AWS and Micro...
Booster vaccines
CVS and Walgreens pharmacies across the country are administering Pfizer's COVID-19 vaccine boosters to millions of eligible Americans who are most at risk of contracting the virus.
About 6,000 CVS pharmacies and MinuteClinic acros...
TikTok active users
TikTok has officially surpassed 10 billion monthly active users worldwide.
The popularity of this short video app, owned by ByteDance, a Chinese business technology, has exploded since its launch in...
Instagram Kids project
Facebook announced on Monday that it would suspend the release of "Instagram Kids" following the release of the "Facebook Files" and closer scrutiny of the company's impact on its youngest users.
A recent Wall Street Journal ...
Futures rise
US stock futures rose ahead of the release of data expected to show an increase in demand for durable goods.
S&P 500 futures rose 0.3 per cent and Dow Jones Industrial Average futures rose 0.5 per cent. Contracts do not necessarily...
Approaching SPAC
Polestar is moving closer to a public listing deal through a merger with a specialist acquisition company that would value the Swedish electric carmaker at $21 billion, according to sourc...
Bond yields continue to rise
Bond yields rose sharply last week and market experts see preconditions for a further rise. This will not necessarily be reflected in a fall in the stock market, but analysts point to opposite reactions of equities, depe...
Vaccination card in Wallet
Apple, Inc. has decided to distribute digital copies of covid-19 vaccination cards to Apple's Wallet app for users to send to businesses and locations. In a statement released Tuesday, the company&...
Purchase restrictions
Costco has confirmed that it will begin to reduce purchases of basic household items after delays in the supply chain, which is a complete storm for many retailers.
Costco CFO Richard Gallanti said: "W...
Nike's earnings and deliveries
Nike (NKE) shares fell 4% after the release of Q1 FY2022 report. 2022. Although the company's earnings are rising, Nike's supply is very limited due to the closure of factories in Vietnam. The world's largest...
The state of the company's stock
Salesforce (CRM) stock rose 7 percent on Thursday after the company raised its sales forecast for 2022 and 2023. Several analysts have raised ...
Books at every turn
New York City to install vending machines with free sharing of stories to read.
In New York, there are many machines: drinks, snacks, personal protective equipment. Now the city can also add story machines to this list, where st...
Auction from Christie's
Twenty-five Impressionist works worth over $200 million, including paintings by Gustave Caillebotte, Paul Cézanne and Vincent van Gogh, will go under the hammer. It was reported by the auction house Christie's, which i...
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