Samsung Electronics Co Ltd (005930.KS) on Thursday forecast strong demand for memory chips in the second half and a recovery in the mobile market to 2019 levels, in a sign the global economy is getting back on track from the coronavirus pandemic.
Shares of PayPal Holdings Inc(PYPL.O) fell 8% on the payment company’s downbeat current-quarter profit outlook that outweighed a better-than-expected profit in the second quarter from a pandemic-driven shift to digital spending.
SoftBank (9984.T) is selling about 45 million of its shares in Uber Technologies Inc (UBER.N), a source familiar with the matter told Reuters on Wednesday.
Language learning app Duolingo Inc (DUOL.O) notched a valuation of $6.5 billion after its shares surged nearly 40% in the company’s Nasdaq debut on Wednesday, becoming the latest education technology startup to impress Wall Street.
Robinhood Markets Inc (HOOD.O) thrived thanks to the popularity of so-called meme stocks such as GameStop Corp (GME.N) with retail investors. Becoming a meme stock itself comes with trading volatility that is giving pause to some potential investors in its initial public offering.
Tesla Inc (TSLA.O) showed signs of divergent strategies in the world’s two biggest automotive markets, raising prices to boost profit margins in the United States while keeping prices steady in China and hoping to grow sales there.
U.S. stocks and the dollar slipped on Wednesday in listless trade after the Federal Reserve gave no clue about when it might start reducing its purchases of government bonds, even as it said the economic recovery is on track.
Google parent Alphabet Inc’s (GOOGL.O) quarterly revenue and profit surged to record highs, the company reported on Tuesday, powered by a rise in advertising spending as more consumers shopped online.
Microsoft Corp (MSFT.O) posted its most profitable quarter on Tuesday, beating Wall Street expectations for revenue and earnings, as PC sales declines stemming from a global chip shortage were more than made up for by a boom in cloud services.
Robinhood Markets Inc disclosed on Tuesday it has received inquiries from U.S. watchdogs asking whether employees traded GameStop Corp. (GME.N) and AMC Entertainment Holdings, Inc. (AMC.N) before the online broker publicly announced it was restricting trading in those and other meme stocks on Jan. 28.
Samsung Electronics Co Ltd (005930.KS) on Thursday forecast strong demand for memory chips in the second half and a recovery in the mobile market to 2019 levels, in a sign the global economy is getting back on track from the coronavirus pandemic.
Shares of PayPal Holdings Inc(PYPL.O) fell 8% on the payment company’s downbeat current-quarter profit outlook that outweighed a better-than-expected profit in the second quarter from a pandemic-driven shift to digital spending.
SoftBank (9984.T) is selling about 45 million of its shares in Uber Technologies Inc (UBER.N), a source familiar with the matter told Reuters on Wednesday.
Language learning app Duolingo Inc (DUOL.O) notched a valuation of $6.5 billion after its shares surged nearly 40% in the company’s Nasdaq debut on Wednesday, becoming the latest education technology startup to impress Wall Street.
Robinhood Markets Inc (HOOD.O) thrived thanks to the popularity of so-called meme stocks such as GameStop Corp (GME.N) with retail investors. Becoming a meme stock itself comes with trading volatility that is giving pause to some potential investors in its initial public offering.
Tesla Inc (TSLA.O) showed signs of divergent strategies in the world’s two biggest automotive markets, raising prices to boost profit margins in the United States while keeping prices steady in China and hoping to grow sales there.
U.S. stocks and the dollar slipped on Wednesday in listless trade after the Federal Reserve gave no clue about when it might start reducing its purchases of government bonds, even as it said the economic recovery is on track.
Google parent Alphabet Inc’s (GOOGL.O) quarterly revenue and profit surged to record highs, the company reported on Tuesday, powered by a rise in advertising spending as more consumers shopped online.
Microsoft Corp (MSFT.O) posted its most profitable quarter on Tuesday, beating Wall Street expectations for revenue and earnings, as PC sales declines stemming from a global chip shortage were more than made up for by a boom in cloud services.
Robinhood Markets Inc disclosed on Tuesday it has received inquiries from U.S. watchdogs asking whether employees traded GameStop Corp. (GME.N) and AMC Entertainment Holdings, Inc. (AMC.N) before the online broker publicly announced it was restricting trading in those and other meme stocks on Jan. 28.
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