Tesla CEO's finances
Tesla and SpaceX CEO Elon Musk's fortune has risen by $9.9bn in the past week, Forbes reports.
Musk is in third place on the Forbes list, his fortune is estimated at $165.9 billion. The entrepreneur is ahead of Amazon CEO Jeff ...
Dividends and shares
The US banking sector and Wall Street as a whole received a positive signal after stress tests conducted by the Fed for 23 major US banks showed better capitalisation results than required by the ce...
Record revenues didn't help
FedEx reported quarterly results that beat analysts' estimates and summed up a record earnings year. However, investors see serious cause for concern.
Shares in FedEx (FDX), one of the largest in...
Nike's report
Nike on Thursday reported a successful end to fiscal 2021 after the close of trading, beating Wall Street expectations. Nike's quarterly revenue nearly doubled to an all-time high of $12.34 billion.
Shares in Nike (NKE) rose 14.1...
Films for Netflix
Netflix shares rose on news of a multi-year contract with Steven Spielberg's film company Amblin Partners, which will make several feature films a year for the Netflix service.
Netflix ...
Foundation's fate
The head of US holding company Berkshire Hathaway, Warren Buffett, has stepped down as a trustee of the Bill & Melinda Gates Foundation. This was stated in a statement...
Hong Kong dual listing
Shares in Xpeng Motors rose 4 per cent on Wednesday amid reports that the Hong Kong regulator has approved the carmaker's listing on the Hong Kong Stock Exchange. Going public on the Asian exchange will allow Xpeng t...
AI and AR features
Facebook has announced that it is expanding the Shops feature in WhatsApp and Facebook Marketplace, which could improve their monetisation and turn the company's apps into online shopping platfor...
New York City mayor's post
Businessman Andrew Yang, who previously sought the Democratic presidential nomination, has decided to withdraw from the race for mayor of New York City he started this year. The businessman told su...
Company stocks on the New York Stock Exchange
The US stock market ended Tuesday's trading with gains in the technology, consumer services and oil and gas sectors.
The Dow Jones was up 0.20 per cent at the close on the New York Stock Exchange, the S...
US inflation surge
Fed Chairman Jerome Powell, speaking to a House subcommittee, reiterated that the current spike in US inflation is temporary and due to last year's fall in prices. T...
Self-driving trucks
Amazon has approached California-based start-up Plus to equip its first thousand trucks with its autonomous driving system. Amazon plans to buy a 20 per cent s...
Offices as a new source of income
Peloton shares could get a new round of growth as the fitness company, which benefited from the COVID-19 pandemic, now intends to turn a return to offices into its advantage rather than an obstacle.
Peloton (PTON) ...
Vaccination of Teenagers
Peru's Ministry of Health has authorised the use of a vaccine from the US pharmaceutical company Pfizer against coronavirus to immunise teenagers aged 12 years and older. This was announced on Monday by the head of the minis...
Lawsuit against New York authorities
The Trump Organization, a US company owned by former US President Donald Trump, has filed a lawsuit against the New York City authorities for reneging on a golf course maintenance contract following the January i...
Stocks of companies on the stock exchange
Amazon (NASDAQ:AMZN) shares gained 0.2% on the New York Stock Exchange premarket after the e-commerce giant launched its two-day Prime Day event, which last year brought it $10.4bn in gross sales.
Shares of...
Increase in vaccine production
US company Moderna is building two new production lines, the launch of which will allow it to increase production of coronavirus vaccines by 50%, currently carried...
US indices
The US stock market closed on Friday lower, with the Dow Jones Industrial Average suffering its biggest weekly loss since October 2020. The market was pressured by fears that the US Federal Reserve ...
Friday trading
The US stock market ended Friday's trading lower amid negative dynamics from the oil and gas, utilities and financial sectors.
By the closing bell on the New York Stock Exchange, the Dow Jones fell 1.58% to a one-month low, the S&...
COVID in U.S.
US authorities predict that the US will not need a second lockdown due to the spread of an Indian mutation of a new coronavirus, the World Health Organization's new Delta strain. US President Joe Biden said this&nbs...
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