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…
Robinhood Markets’ investors added $2.4 billion on Monday, raising cash infusions to the online brokerage firm to $3.4 billion, according to Bloomberg. The firm aims to use the fresh funds…
Ford has entered into a six-year deal with Google to form a tech giant responsible for the automaker's growing in-vehicle connectivity, according to CNBC. Google will offer cloud computing and…
EU antitrust officers say the court erred when it scrapped their order for Apple to pay 13 billion euros or $15.7 billion in Irish taxes, according to Reuters. The General…
Elon Musk has claimed that one of his startups has a monkey with wire implants into its brain to enable it to play video games, reports Bloomberg. The Tesla CEO…
Citron’s short-seller Andrew Left has warned that his company will no longer publish short-selling reports, according to Reuters. The development follows outrage against Citron by Wallstreetbets after retail traders sent…
Chinese consumer spending is expected to grow by 7.9% a year to hit $12.7 trillion in the next ten years with services leading, according to CNBC. The projected spending is…
Eli Lilly recorded a 41.5% growth in fourth-quarter profits ending December 31, according to the company’s press release. The earnings were boosted by higher demand for its diabetes drugs and…
Retail traders piled into heavily shorted shares of GameStop on Wednesday, which had already gained 276% in the past five days. According to Bloomberg, the Wednesday trading frenzy was propelled…
American Airlines posted a fourth-quarter net loss of $2.2 billion or ($3.81) per share, better than expected $3.86 loss per share, according to the company’s press release. The full-year net…
U.S president Joe Biden caught oil executives by surprise as he revoked the cross-border Keystone XL pipeline permit on his first day in office. Stopping the Keystone XL project is…