Tesla’s China-made Model Y was the third best-selling electric car in February at 4,630 vehicles, reports CNBC. The mid-size SUV was the ninth-best seller among new energy vehicles, including electric…
Roblox co-founder David Baszucki's stake in the company rose to about $4.6 billion after the company's shares gained more than 50% on debut, according to Bloomberg. The NYSE set the…
Oracle shares fell 6% on Wednesday after a guidance of $1.20 to $1.24 earnings per share and 5% to 7% revenue growth in Q4, according to the company’s press release.…
Apple is cutting orders for all iPhones by around 20% for the first half of the year compared to its plans in December, according to Nikkei Asia. Majority of the…
Mortgage refinance demand has plunged 43% from the same period last year, having declined 5% last week from the previous week. According to CNBC, the recent sharp rise in interest…
Tilray Inc. has obtained approvals from the New Zealand government to launch medical cannabis products across the country, according to the company’s press release. The company’s product offering in New…
Adidas introduced a new strategy, 'Own the Game,' to create a unique customer experience and build sustainability, according to the company's press release. The new strategy is designed to significantly…
U.S stocks rose while the dollar fell after U.S consumer prices rose less than expected. According to Bloomberg, the less than expected surge in consumer prices eased inflation worries fueling…
U.S Consumer Price Index for All Urban Consumers increased 0.4% in February after gaining 0.3% in January, according to the Bureau of Labor Statistics press release. The all items index…
President Joe Biden is expected to name Lina Khan, a critic of Big Tech’s market power, for a seat on the Federal Trade Commission, according to Seeking Alpha. If confirmed,…
Swedish battery maker Northvolt has acquired U.S startup Cuberg, according to Reuters. Northvolt aims to gain access to technology that would boost the range of electric vehicles that can use…
Zara owner Inditex posted a net profit of 1.1 billion euros less than forecasted 1.3 billion euros in 2020, according to the company’s press release. The net profit is a…