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 ...
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...
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...
Unfair business
The Chinese authorities intend to impose the largest antitrust fine in the country's history on Internet platform Alibaba. This was reported by The Wall Street Journal (WSJ).
According to WSJ sources, Alibaba is to be fine...
Buying shares
The Norwegian central bank Norges Bank decided to buy shares in Apple, Tesla, Nio and other electric car manufacturers in the fourth quarter.
The world's largest company by market capitalisation Apple (AAPL) and electric car makers Te...
Investment in Xiaomi
A court in Washington has temporarily blocked enforcement of a US ban on investments in Chinese company Xiaomi, calling the decision to blacklist the tech giant "deeply flawed". The Wall Street Journal reported this on Friday.
...
Entering the market
Transport company Gett, which wants to become one of the world's leading providers of "mobility solutions", is currently exploring a merger with a company with no particular purpose other than to help other companies with an IPO ...
The company's share price
U.S. shares of General Electric Co (NYSE:GE). have fallen 14.6 percent in the past three days after coming close to a 3-year high on March 8.
The company made a number of announcements this week that impacted inv...
Oracle's report and forecasts
Oracle shares fell on Wednesday after the close of trading as the company gave a fourth-quarter outlook below analysts' expectations. However, Oracle's revenue and profit growth accelerated in the third quarter and the ...
Elon Musk's fortune
Earlier, the entrepreneur's fortune in terms of his ownership stake in Tesla had fallen by $27bn.
Shares in the Tesla company owned by Elon Musk continue to rise significantly in trading on Wednesday, boosting the entrepreneur's...
Tesla sales in China
Tesla shares rose sharply on Tuesday after the company posted an 18% rise in sales of its electric cars in February compared with January, contrasting with a ...
Investing in an environmental fund
Amazon CEO Jeff Bezos plans to spend the $10 billion he has invested in the Bezos Earth Fund by 2030. This was reported by ABC television channel on Wednesday, citing a statement by the director of t...
Consumer rights infringement
Video game developer Epic Games filed a complaint in the Federal Court of Australia on Wednesday against a branch of technology giant Google, accusing it of violating local consumer protection law. It...
Best day in four months
US stock indices ended Tuesday's trading up, with the Nasdaq Composite having its best session in four months amid a rebound in shares of major technology companies following a sell-off the day before.
The Dow Jones Industri...
Xpeng earnings and losses
Xpeng reported better-than-expected quarterly earnings, but losses exceeded analysts' estimates. Xpeng is building a third plant in China and is preparing to launch a new electric sedan with autonomous driving by the end of...
Petition rejection
The US Securities and Exchange Commission (SEC) has filed a motion to dismiss Ripple's XRP token holders application. The document has been sent to the Rhode Island District Court.
In early January 2021, a group of investors dema...
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