On Thursday VISA announced a partnership with First Boulevard to pilot its new suite of crypto APIs, according to Businesswire. The APIs will enable Visa customers to purchase, store, and…
Bitcoin reached $38,000 while Ethereum hit a new all-time high of around $1,700, taking the total capitalization of the crypto market to a record $1.150 trillion. According to CryptoPotato, the…
Susquehanna analyst Shyam Patil has raised Amazon’s price target from $4,000 to $5,200, according to MarketWatch. The analyst was also most bullish on Google-parent Alphabet after boosting the target by…
General Motors will cut production during the week of February 8 at Fairfax, Kansas, Ingersoll , Ontario, and San Luis Potosi in Mexico, according to Reuters. The automaker will operate…
Vaxart’s stock fell 60% after the company failed to find neutralizing antibodies in clinical trials of its oral Covid vaccine, according to CNBC. The disappointing results came even as the…
GlaxoSmithKline expects earnings to fall by a mid-to high-single-digit percentage this year due to Covid disruptions and investments in new drug pipelines, according to Reuters. The world’s biggest vaccine maker…
Amazon’s net sales in the fourth quarter rose 44% to $125.6 billion, up from $87.4 billion in the same period in 2019, according to the company’s press release. The company…
Exxon Mobil Corp posted a net loss of $20.1 billion or $4.70 per share in the fourth quarter of 2020, according to the company’s press release. The loss was a…
BMW started on Tuesday to source and use aluminium produced using solar energy, according to CNBC. The company termed the move as an “important milestone” in its goal to cut…
Pfizer expects to sell about $15 billion in coronavirus vaccine doses in 2021, according to the company’s press release. The drugmaker forecasts its revenue to be in the range of…
Alibaba reported revenue of $33.9 billion in the fourth quarter, up from the expected $32.5 billion, according to the company’s press release. Non-GAAP diluted earnings per share was $3.38, up…
UPS recorded a revenue of $24.9 billion in the fourth quarter of 2020, up 21.0% year over year, according to the company’s press release. Q4 diluted loss per share was…