U.S Federal Reserve is expected to keep fiscal support despite a favorable recovery outlook, according to Bloomberg. The dovish tone seeks to convey that despite the ongoing recovery, the coronavirus…
Reddit inspired investors are piling into shares of MicroVision Inc. almost doubling its price in the past week, according to The Wall Street Journal. Similar to GameStop’s Reddit mania, most…
China’s Huawei Technologies recorded a revenue of CNY152.2 billion or $23.46 billion in Q1 2021, down 16.5% year over year, according to the company’s press release. Revenues were hurt by…
Saudi Arabia is seeking to sell 1% stake in Aramco to a ‘leading global energy company’ for close to $19 billion, according to Bloomberg. The deal aims to generate customer…
Reflation enthusiasts are warming up to reports showing that inflation expectations have risen to an eight-year high, according to Bloomberg. Coupled with economic recovery and more stimulus prospects, enthusiasm is…
Alphabet recorded $55.3 billion revenues in the first quarter, up 34% from a year earlier, according to the company’s press release. The company’s profit soared 162% from last year to…
Tesla wanted to show bitcoin’s liquidity and its qualities as a substitute to cash by disposing 10% of the crypto value, reports Bloomberg. Through a tweet, CEO Elon Musk said…
U.S. consumer confidence index reached 121.7 in April, up from 109.0 in March, according to the Conference Board press release. The index is now at the highest level since February…
Adobe Inc. seeks to help brands target customers with its new version of Real-Time Customer Data Platform, according to Bloomberg. The software replaces the much-criticized third-party cookies. The updated software…
Amazon stock gained 2.1% on Monday after Fox Business’s Charles Gasparino said the company is likely to have a stock split this year, Seeking Alpha reports. In a tweet, Gasparino…
Apple could start mass production of the next generation of Mac processors this month, according to NIKKEI Asia. The production will be a leap towards the replacement of Intel-designed central…
HSBC reported a profit after tax of $4.6 billion in the first quarter, up 82% from the same quarter last year, according to the company’s press release. The company released…