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Companies News - Liquidity Provider: Business & FinTech Media

News: Companies

In this section, we delve into the dynamic corporate world, bringing you the most recent updates from global companies. Our coverage spans a broad spectrum, encapsulating latest quarterly results, unveiling of new products, corporate amalgamations, and acquisitions. We also keep you informed on changes in analyst ratings, adjustments in price targets, submissions to regulatory bodies, and acquisition of new licenses, amidst a host of other significant business events.

Apple to Keep iPhone Production Flat as Market Grows Tougher

Apple to Keep iPhone Production Flat as Market Grows Tougher Additionally, Apple will strive to impress consumers with a more advanced model than last year's one. New screen sizes, including satellite-based text messaging, are expected to be offered in the upcoming iPhone 14 handsets. The iPhone 13 was viewed by consumers as a minor upgrade.

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GM Newest Weapon in the EV Wars Is a Factory Liquidity Provider

GM’s Newest Weapon in the EV Wars Is a Factory The facility is located in both Detroit and Hamtramck, Michigan. The term Zero represents GM's goal for an automotive future with zero emissions, zero accidents, and zero traffic congestion. Accidents and congestion reductions are the results of GM's autonomous-driving initiatives. EVs contribute to emissions.

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Walmart Flashes a Warning Sign to the Entire Consumer Economy

Walmart Flashes a Warning Sign to the Entire Consumer Economy There are other retailers as well who suffer from high prices. Even though Home Depot reported better-than-anticipated sales for its first quarter and saw the average amount consumers spent increase by 11%, the number of customer transactions declined by 8%.

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Insider News: Citigroup Is in Talks to Buy Deutsche Bank Mexico for License

Insider News: Citigroup Is in Talks to Buy Deutsche Bank Mexico for License According to people familiar with the matter, Citigroup Inc. is considering buying Deutsche Bank AG's Mexican bank in order to launch a new local entity as it exits retail operations in the country.

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Twitter Is Stuck Between Musk and Snap. It Will Be an Anxious Annual Meeting

Twitter Is Stuck Between Musk and Snap. It Will Be an Anxious Annual Meeting The hard place: Macroeconomic conditions for technology businesses have been less than ideal, and Twitter (TWTR) has felt the pinch. Snap's (SNAP) news on Monday that it was lowering its revenue estimate raised fears that the industry may be in for a lengthier period of suffering than anticipated.

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Nomura Creates Digital Asset Company

Nomura Creates Digital Asset Company As for Nomura, it already has a foothold in the digital asset sector with Komainu, a cryptocurrency storage joint venture with CoinShares, and Ledger, which is expected to begin in June 2020. Komainu concluded a $25 million Series A financing round in March, when assets under control surpassed $3 billion.

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Here’s How CEOs from PayPal and Nasdaq, Plus a Senator, View the Risk of Recession

Here’s How CEOs from PayPal and Nasdaq, Plus a Senator, View the Risk of Recession "I think the market will play an important role: the boost in yields, the strength of the dollar… we're already witnessing some demand destruction, and the margins of big retailers are already starting to compress," Toomey noted. Discover

TikTok Plans Big Push into Gaming, Conducting Tests in Vietnam

TikTok Plans Big Push into Gaming, Conducting Tests in Vietnam According to the sources, TikTok, which is owned by ByteDance of China, plans to expand its gaming offerings in Southeast Asia. Two of the sources said the move could happen as soon as the third quarter.

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Netflix Layoffs Just The Start as Streamer Stages Rebound

Netflix Layoffs Just The Start as Streamer Stages Rebound: ‘It’s Time to Be a Real Company,’ Says Media Exec "In our quarterly report, we indicated that slowing revenue growth forces the company to slow its cost growth. As a result, approximately 150 employees will be laid off today, mostly in the United States," the company stated in an announcement.

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Largest U.S. Pension Bought AMC, AMD, and Block Stock. It Sold Netflix

Largest U.S. Pension Bought AMC, AMD, and Block Stock. It Sold Netflix Calpers purchased 155,992 AMC shares in the first quarter, bringing its total to 775,392 shares. Calpers has purchased the shares for the third quarter in a row. It announced a 116,400-shareholding at the end of the third quarter of 2021, then more than doubled that investment in the fourth.

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Robinhood Launches New No-Transaction Fee Crypto Wallet

Robinhood Launches New No-Transaction Fee Crypto Wallet There is already a web-based custody wallet on Robinhood's website for users' assets. As with most cryptocurrency companies, the assets are not covered by any government guarantee, such as that provided by the Federal Deposit Insurance Corporation.

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Insider News: Samsung in Talks to Hike Chipmaking Prices by Up to 20%

Insider News: Samsung in Talks to Hike Chipmaking Prices by Up to 20% At a recent earnings conference, Kang Moon-soo, vice president of Samsung's foundry division, stated that the company had already received orders for the next five years totaling eight times the previous year's sales. "We expect our order book to expand much further.

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Musk Suggested Twitter Deal Was on Hold. Law Expert Says It's Not So Easy

Musk Suggested Twitter Deal Was on Hold. Law Expert Says It’s Not So Easy "Generally, these types of claims aren't very convincing," Quinn notes. "There's a lot of bravado, a lot of back and forth, but they're not very strong. Sometimes people renegotiate prices, but not by a great deal."

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Elon Musk Expected To Serve As Temporary Twitter CEO After Deal Closes

Elon Musk Expected To Serve As Temporary Twitter CEO After Deal Closes According to a Securities and Exchange Commission filing on Thursday, Musk secured about $7.14 billion in equity commitments from friends and other investors to purchase Twitter.

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VW Aims to Launch Scout, an EV Off-Roading Brand Volkswagen Group is preparing to launch Scout, a new specialized EV business that will create an all-electric truck and a tough off-roading SUV for the American market. The business intends to build a rugged SUV and pickup truck by 2026. Discover

PayPal Trims 2022 Outlook But Beats Revenue Forecast

PayPal Trims 2022 Outlook But Beats Revenue Forecast Holdings said its first quarter was a "good start," but it lowered its full-year forecast, expecting payments volumes to fall. Its adjusted earnings per share expectation are now $3.81 to $3.93, down from a previous range of $4.60 to $4.75.

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