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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.

Moderna, Alibaba, Coinbase, Home Depot, Etsy, and Other Stocks to Watch This Week

Moderna, Alibaba, Coinbase, Home Depot, Etsy, and Other Stocks to Watch This Week The Census Bureau publishes its January report on durable goods. The consensus forecast calls for a 1% month-over-month increase in new orders for manufactured durable goods to $270.3 billion.

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Apple Store Unions Could Jeopardize its 'Caring' Reputation

Apple Store Unions Could Jeopardize its ‘Caring’ Reputation However, the decision might backfire on Apple, eroding the company's reputation as a people-focused computer behemoth over the years. This picture contributes to the company's popularity among its billions of consumers.

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Big Oil Is Spending Serious Money On Clean Energy

Big Oil Is Spending Serious Money On Clean Energy For a long time, fossil fuel firms have been scolded for 'greenwashing' and allocating just a small portion of their massive capital expenditures to green sources. However, that tendency looks to be reversing.

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Artificial Intelligence Giant SenseTime Moves Further Beyond Facial Recognition Systems With New Initiative in Manufacturing Sector

Artificial Intelligence Giant SenseTime Moves Further Beyond Facial Recognition Systems With New Initiative in Manufacturing Sector SenseTime, a Hong Kong-based software business that operates the world's biggest artificial intelligence (AI) platform, is expanding beyond face recognition systems by extending its technology to the car components manufacturing industry.

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EU Rolls Out A Red Carpet For TSMC And Other Semiconductor Giants

EU Rolls Out A Red Carpet For TSMC And Other Semiconductor Giants On Tuesday, the European Union unveiled a plan to produce one-fifth of the world's microchips, declaring itself "open for business" to Taiwanese semiconductor companies and other industry heavyweights.

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Homebuyer Sentiment Plummets To Lowest Level Since May 2020

Homebuyer Sentiment Plummets To Lowest Level Since May 2020 Only one out of every four survey participants on Fannie Mae's Home Purchase Sentiment Score, issued Monday, said it's a great time to buy a house, with the total index sliding 2.4 points to 71.8 in January.

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How to Handle Taxes After AT&T’s Spinoff of WarnerMedia

How to Handle Taxes After AT&T’s Spinoff of WarnerMedia They can continue to retain Warner Bros Discovery stock, which is unlikely to pay a dividend in the near future. Alternatively, they can sell their shares and reinvest the money in AT&T. Discover

Disney, Chipotle, Pfizer, Twitter, and Other Stocks to Watch This Week

Disney, Chipotle, Pfizer, Twitter, and Other Stocks to Watch This Week Amgen, Hasbro, Principal Financial Group, Simon Property Group, Take-Two Interactive Software, Tyson Foods, and Zimmer Biomet Holdings all release quarterly results.

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Frontier and Spirit Want to Merge. Why the Deal Makes Sense

Frontier and Spirit Want to Merge. Why the Deal Makes Sense Just when domestic travel is ramping up in the wake of the epidemic, two of America's leading low-cost airlines have decided to join forces to build an airline that might compete with the main ones.

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Americans Ditched High-Tax States During Pandemic, Study Finds

Americans Ditched High-Tax States During Pandemic, Study Finds As a Tax Foundation report showed, regions with high-income tax rates witnessed considerable losses of residents, and areas with low taxes witnessed a rapid rise in population.

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Wordle, Activision, Zynga Ride A 'Tide' Of FOMO Driving Big Video Game Deals

Wordle, Activision, Zynga Ride A ‘Tide’ Of FOMO Driving Big Video Game Deals Wedbush Securities managing director of stock research, Michael Pachter, said last week that the software giant's acquisition of Activision is part of a bolder "vision and plan.

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Rivian, Robinhood, Bumble: How Some Of 2021's Biggest IPOs Are Faring

Rivian, Robinhood, Bumble: How Some Of 2021’s Biggest IPOs Are Faring The largest IPOs of 2021 and 2020, as assessed by the amount of money collected, demonstrate that stocks of the top five IPOs of last year performed worse than those of the largest IPOs to go public in 2020.

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Nvidia Stock Rises and Leads Chip Makers Higher After AMD’s Strong Earnings

Nvidia Stock Rises and Leads Chip Makers Higher After AMD’s Strong Earnings Nvidia led other chipmakers up early Wednesday on the heels of fourth-quarter earnings and a prediction from Advanced Micro Devices that exceeded analysts' expectations.

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Sony Profits Soar on Strength of Spider-Man Franchise Despite PlayStation Problems

Sony Profits Soar on Strength of Spider-Man Franchise Despite PlayStation Problems Sony Group of Japan reported Wednesday that operational profit increased 32% to JPY465.2 billion ($4 billion) in the December quarter, owing to the international popularity of its "Spider-Man: No Way Home" film.

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Air Taxi CEO: Fully-Autonomous Plane Market Could Reach $4 Trillion By 2035

Air Taxi CEO: Fully-Autonomous Plane Market Could Reach $4 Trillion By 2035 Whether you commute by automobile, taxi, or public transit, the hustle-bustle of urban areas may make getting around the city time-consuming and expensive. An advanced air mobility (AAM) firm, Wisk Aero may have the answer — a driverless, electric flying taxi. Discover

Job Openings Are Rising While U.S. Workers Continue to Quit in Droves

Job Openings Are Rising While U.S. Workers Continue to Quit in Droves According to the Labor Department's Job Openings and Labor Turnover Survey, there were 10.9 million empty jobs in December, up from 10.6 million in November. The rate of job opportunities remained stable at 6.8 percent.

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