China’s manufacturing purchasing managers’ index plunged from 51.9 in March to 51.1 in April, according to the National Bureau of Statistics press release. The index was below the projected 51.8…
Twitter recorded a revenue of $1.04 billion, a gain of 28% year over year, according to the company’s press release. Revenue was fueled by robust brand advertising in March and…
Amazon posted a first quarter revenue of $108.5 billion, a 44% jump from the same period last year, according to the company’s press release. Net income in the quarter more…
China’s internet giant Tencent faces more than 10 billion yuan or $1.54 million penalty for failing to report past business deals, according to Reuters. Tencent is also accused of anticompetitive…
US jobless claims for the week ending April 24 came at 553,000, down 13,000 from the previous week revised level, according to the Department of Labor press release. The jobless…
The US recorded an annual rate of growth of 6.4% in Q1 2021, less than the expected 6.5% according to the Bureau of Economic Analysis press release. First-quarter growth reflected…
Samsung Electronics had revenue of KRW 65.39 trillion in Q121, a record 6% jump from the previous quarter, according to the company’s press release. Operating profit gained 4% from the…
The Federal Reserve maintained near zero interest rates and retained the pace of asset repurchases, according to the statement. The central bank acknowledged uptick in economic recovery. Fed chair Jerome…
Shell raised its dividend by about 4% for a second time in six months after Q1 earnings of $3.2 billion, according to the company’s press release. The earnings were a…
Moderna is funding plans to raise the global supply of COVID-19 vaccine to 3 billion doses by 2022, according to the company’s press release. The company has also raised its…
Facebook recorded a revenue of $26.171 billion in the first quarter of 2021, up 48% from the same quarter of 2020, according to the company’s press release. Diluted earnings per…
Apple’s revenue rose by a record 54% year over year to $89.6 billion in the quarter ending March, according to the company’s press release. 67% of the quarter’s revenue was…