Bosch is set to work with Microsoft to develop a software platform for vehicles, according to Reuters. The move aims to capture the fast-growing market for electromobility and automated driving…
WeWork Co. reduced the price of most rental units in the U.S in early November and January by about 10%, according to Bloomberg. The company slashed prices by as much…
Walmart shares fell more than 5% in premarket after reporting record quarterly revenue of $152.1 billion, a 7.3% increase, according to the company's press release. The stock slip was fueled…
Tilray Inc. reported a net loss of $3.0 million in the fourth quarter, down from a loss of $219.8 million in the comparable quarter of 2019, according to the company’s…
America will incur a one-time loss of about $500 billion in GDP if U.S. companies reduce foreign direct investment in China by half, according to Bloomberg. Applying a 25% tariff…
News Corp. and Google have reached a three-year agreement in which the search giant will pay for news, according to Bloomberg. The two companies will partner to develop a subscription…
Shopify's fourth-quarter revenue was $977.7 million, up 94% from the comparable quarter of 2019, according to the company's press release. The revenue was fueled by gross merchandise volume, which rose…
Elon Musk’s SpaceX completed a gigantic equity funding round of $850 million last week, sending the company's valuation to about $74 billion, according to CNBC. The new funds were raised…
Soros Fund Management firm has a new holding of $280 million stake in QuantumScape Corp., according to Bloomberg. The George Soros's firm also raised tech bets and exited its stake…
Stock trading volumes have surged to four times in Hong Kong compared to those in London’s main exchange, according to Financial Times. The rise has been caused by a high…
Warren Buffet’s Berkshire Hathaway Inc. invested in Verizon Communications Inc., insurance broker Marsh and McLennan Co., and Chevron Corp., according to Bloomberg. The company also cut its Apple Inc. holding…
General Electric expects a cash outflow in the first quarter of 2021, according to Reuters. The projections are based on CEO Larry Culp who said the first three months of…