BMW AG CEO Oliver Zipse hinted on Wednesday that the company is considering options for its mobility services joint venture with Daimler AG, according to Reuters. The deal could also…
Rising coronavirus cases and weaker-than-expected economic outlook have prompted OPEC on Wednesday to lower global oil demand forecasts for the end of 2020 and for 2021. According to press release…
1life Healthcare Inc. (One Medical) recorded net revenues of $101.7 million in Q3 2020, a 46% rise year over year, according to the company’s press release. Ending membership hit a…
Goldman Sachs sees a “very bullish” stock market in the wake of a coronavirus vaccine, according to Yahoo! finance. David Kostin, Goldman’s chief strategist, raised the year-end S&P 500 price…
Alibaba Group Holding Ltd kicked off its annual Single's Day mega-shopping event on Wednesday, as the company seeks to cash on discount seeking consumers in the post-pandemic period, according to…
The shares of First Solar Inc. fell 6.9% on Tuesday morning trading, following Raymond James analyst’s double downgrade from bullish to bearish, reports MarketWatch. Pavel Molchanov, Raymond's analyst, cited concerns…
Corsair Gaming Incorporate recorded net revenue of $457.1 million, up 60.7% year over year, according to the company’s press release. Gamer and creator peripherals segment net revenue rose 128.8% to…
American Airlines Group on Tuesday announced a proposal for a public offering of 38.5 million shares of common stock, according to the company's press release. The public offering comes after…
On Tuesday, the EU regulators charged Amazon for distorting online retail competition and initiated a second investigation into the online retailer’s business practices, according to the Financial Times. Investigations into…
McDonald's will test a meat-free burger in several markets next year, as plans to add plant-based menu offerings get underway, according to CNBC. Coined “McPlant,” the plant-based menu also includes…
Pfizer and BioNTech SE’s mRNA-based vaccine candidate BNT162b2 is 90% effective in preventing COVID-19 in participants without prior evidence of SARS-COV-2 infection, according to the company’s press release. The results…
Goldman strategists believe that the financial markets have moved a long way towards pricing in the U.S. election outcome, according to Bloomberg. The strategist points out that attention is now…