U.S. Pfizer and its German partner BioNTech have applied to the European Medicines Agency (EMA) for the authorization of the BNT162b2 vaccine candidate, according to press release. If approved, the…
Nikola shares fell by more than 24% after the company announced a reworked agreement on fuel-cell partnership with General Motors on Monday, according to Reuters. The partnership eliminates an equity…
S&P Global Inc. has agreed to acquire IHS Markit Ltd for about $39 billion in stock, according to Bloomberg. S&P will offer 0.2838 shares for each IHS Markit share, about…
HSBC Holdings plc (HSBC) will delist its shares from Euronext Paris on December 22, 2020, following approval by the Euronext Paris S.A., according to the company’s press release. HSBC's decision…
Best Buy’s same-store sales rose 23%, more than expected 13.6%, while online sales in the U.S. grew by 174% in the third quarter, according to the company’s press release. The…
Nike announced on Friday it would raise its quarterly dividend by 12% or 3 cents per share, a rare reflection of financial strength in the middle of COVID-19 pandemic, according…
Walmart’s revenue in Q3 was $134.7 billion, up to $6.7 billion or 5.2%, year over year, according to WMT earnings report. U.S. e-commerce sales rose 79% with strong results across…
Vehicle recalls and investigations are facing major electric vehicle (EV) makers worldwide, according to Reuters. The EV makers are facing challenges after a series of fires from overheating batteries in…
The Federal Aviation Administration issued an order on Wednesday allowing Boeing 737 Max to carry passengers again, sending stock up 5% in premarket trading, according to the FAA press release.…
NIO’s stock was trading at only $7 two years ago when Citron recommended a “buy”, targeting $25, according to Citron Research. Now, Citron believes NIO’s stock is vulnerable after a…
Xpeng recorded 165.7% quarter over quarter and 265.8% year over year vehicle deliveries surge to attain 8,578 units in Q3 2020, according to the company’s press release. Deliveries of the…
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…