U.S stocks rallied on Thursday as major averages hit new records amid easing fears of inflation and rates. According to CNBC, investors were cheered by slightly better-than-expected weekly jobless claims…
BAT Group has entered into an agreement with Organigram Inc. to expand its portfolio “beyond nicotine,” according to the company’s press release. The collaboration reinforces BAT's consumer-centric multi-category approach, which…
Johnson & Johnson’s coronavirus vaccine has been cleared by the European Medicines Agency, according to Bloomberg. The clearance paves the way for the first single-injection shot that will bolster the…
U.S jobless claims in the week ending March 6 was 712,000, a fall of 42,000 from the previous week, according to the Department of Labor press release. The total claims…
Forward Health reached a valuation of more than $1 billion after funding rounds that saw the healthcare startup raise $225 million, according to Reuters. The late-stage funding was from investors…
JD.com reported a net revenue increase of 31.4% to RMB224.3 billion or $34.4 billion year over year, according to the company’s press release. Revenue growth was driven by the company’s…
Apple Inc. has started an iPhone 12 assembly line in India, the company’s second-biggest smartphone market in the world, according to Reuters. The Indian unit of Apple’s Taiwanese contract manufacturer…
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…