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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.

Insider News: Amazon Has Been Secretly Testing Its Drone-Delivery Program And Plans To Drop Packages From The Sky

Insider News: Amazon Has Been Secretly Testing Its Drone-Delivery Program And Plans To Drop Packages From The Sky However, according to industry sources, those objectives might yet alter since Prime Air has been extremely slow to start due to regulation obstacles, turnover rates, and safety risks. Because individuals feared punishment from Amazon, these employees wished to remain anonymous. Read More

Insider News: Leaked Slack Messages Show Shopify Plans To Address Pay And Attrition Woes

Insider News: Leaked Slack Messages Show Shopify Plans To Address Pay And Attrition Woes Shopify workers were informed on Tuesday that Thawar would make a statement on payments soon, and the matter would be addressed in an upcoming town hall. An attempt to reach a Shopify spokesperson for comment on this development was unsuccessful. Read More

Insider News: China's E-Commerce Giant JD.Com Is Reportedly Laying Off At Least 400 Workers, Adding To Massive Layoffs Seen At Other Major Chinese Tech Firms Like Alibaba And Tencent

Insider News: China’s E-Commerce Giant JD.Com Is Reportedly Laying Off At Least 400 Workers, Adding To Massive Layoffs Seen At Other Major Chinese Tech Firms Like Alibaba And Tencent JD.com's announcement came after claims that Alibaba, another e-commerce behemoth, was also contemplating cutting off at least 15% of its workforce in 2022. This would result in the loss of almost 39,000 employment, Reuters said, referencing anonymous individuals. Read More

LP Morning Brief — 07 March

LP Morning Brief — 07 March Bitcoin and other cryptocurrencies fell on Monday, with the world's largest cryptocurrency falling below $40,000, as investors abandoned risk assets in the face of Ukraine-related turmoil. Read More

Apple Stock Has Had A Tough Year. That Could Soon Change

Apple Stock Has Had A Tough Year. That Could Soon Change Real rates are the yields on bonds — such as the benchmark 10-year US Treasury note — that have been discounted for the effect of inflation. And they have been declining, as have unadjusted bond rates. Read More

Tesla May Have a Path to a $4 Trillion Market Value. Here’s Why

Tesla May Have a Path to a $4 Trillion Market Value. Here’s Why Gary Black, a Tesla investor, tweeted some fascinating calculations on Friday. He argued that Tesla's market value should soar to a stunning $4 trillion. It is presently valued at around $900 billion. Read More

Semiconductor Sales To Russia Banned, But That Shouldn't Hurt Intel, AMD, And Other Chip Makers

Semiconductor Sales To Russia Banned, But That Shouldn’t Hurt Intel, AMD, And Other Chip Makers Analysts, though, were not concerned, with Bernstein analyst Stacy Rasgon noting that Russia is a "de minimis direct customer of semiconductors by itself," citing a Semiconductor Industry Association report. Discover

Tesla Stock Is Plunging. It’s Probably Musk’s Twitter This Time.

Tesla Stock Is Plunging. It’s Probably Musk’s Twitter This Time. Musk replied on Tuesday to a tweet that referred to an article alleging that the SEC leaked details about the inquiry of Tesla's Chief Executive. Musk commented that this is only "the first layer of the corruption onion." Read More

4 Companies That Can Benefit From Buying Back More Stock

4 Companies That Can Benefit From Buying Back More Stock Businesses now have far more cash than they had before the outbreak. Yet other companies have yet to restore their stock repurchase plans to their pre-crisis levels, creating a potential opportunity for investors. Read More

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. Read More

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. Read More

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. Read More

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. Read More

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. Read More

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. Discover

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. Read More

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