The company's new CEO
Amazon ended 2020 with a record 118% growth in earnings per share and 44% growth in revenues, ending the year with the biggest numbers in its history. Andy Jassy, head of AWS cloud, will replace Jeff Bezos as Amazon CEO in the ...
Deal with Drizly
Uber shares rose 7% on Tuesday on the back of the announcement of the acquisition of major alcohol delivery company Drizly for 90% of Uber's ordinary shares.
International online taxi orderin...
Google's business
Shares in Alphabet (GOOGL, GOOG), up 29.4% over the past year, rose 7% after the close of trading on Tuesday when the company released its fourth-quarter financial report.
Key cues for investors were strong growth i...
In October last year, the Playboy company went public again and refused to release its famous magazines with 70 years of history and the debut picture of Marilyn Monroe in 53 of the last century.
Playboy decided to use their recognizable rabbit logo...
Net profit growth
Net profit at Japanese gaming console and video game maker Nintendo Co (T:7974). for the third quarter of fiscal 2020-2021, up 1.9 times to 375.67 billion yen ($...
Silver prices hit a record high since 2013. This is another manifestation of the retail madness that has been going on for the past week.
The news site Reddit, which allows you to post any information you like, posted messages urging private investo...
European markets trade
European stock indices ended Friday's trading lower amid lingering worries about coronavirus vaccines and volatility in US stocks.
The Stoxx Europe 600 composite index of the region's largest companies was down 1.87 per cent ...
Start of January trading
U.S. stock indices fell sharply in late January trading, with the Dow and S&P 500 indicators suffering their biggest losses in a month since October amid volatility due to fears of a market bubble over the performance of...
As the world's largest financial market, Forex offers great potential for profits, attracting both pro-tier foreign-exchange traders and beginners. It's very easy for a novice to access the market, but most newcomers quit the game after facing their ...
New York restaurants are reopening
New York City restaurants will once again be allowed to serve customers indoors. A new ordinance could go into effect on Valentine's Day.
Promising a "plan for New York restaurants" b...
Prevention from Covid-19
On Friday evening, the US Centers for Disease Control and Prevention (CDC) issued an order making it mandatory to wear protective masks on all forms of public transport. The move was&n...
Tablet sales
The global market grew 28% year-on-year in the fourth quarter of 2020 on the back of strong demand for entertainment devices during the holidays and continue work/study at home.
Strategy Analytics calculates that 62.5 million...
UK foreign policy
The UK should decide on its foreign policy and not try to simultaneously enlist both the European Union and the US as close allies. This was stated by French President Emmanuel Macron.
He said: "What course will the UK choose? It ...
U.S. GDP
The US gross domestic product fell by 3.5% last year, the worst since World War II. The US Department of Commerce's Bureau of Economic Analysis said in a report.
The report said the economy experienced a significant drop for the ...
Facebook's profit
Net profit of US-based Facebook Inc (NASDAQ:FB). which owns the world's largest social network, rose 53%, or one-and-a-half times, to $11.22 billion in the fourth quarter of 2020.
Earnings per share r...
Company's sales
Apple surpassed the high expectations of Wall Street analysts by reporting new record figures for the past holiday quarter. The company noted a boom in iPhone upgrades in China a...
Company Q4 earnings
AMD ended Q4 2020 beating Wall Street expectations largely due to sales growth of 176% in the segment that includes server chips and graphics processors for gaming consoles. AMD expects sales growth of 37% in&...
The company's loss
Boeing ended 2020 with a sharp rise in losses due to a $6.5 billion write-off of losses due to its delayed 777X wide-body programme. The EU lifted its ban on 737 MAX flights, following the US, Canada and Brazil.
Bo...
Vaccine production schedule
This has disrupted deliveries of the drug to Europe. The head of the company said that AstraZeneca is now working to solve the technical problems and promised to ship 17 million doses by the end of February.
Head of...
Starbucks earnings
US-based Starbucks Corp (NASDAQ:SBUX). which owns the world's largest coffee chain, saw its net profit for the first quarter of fiscal 2021, which ended on December 27, 2020, decline 30% to $622.2 million, or 53 cents per share, f...
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