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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.

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.

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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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It’s Another Big Week for Big Tech. What to Expect From Google, Meta, and Amazon

It’s Another Big Week for Big Tech. What to Expect From Google, Meta, and Amazon Investors endured a wild week last week, defined by huge intraday price fluctuations as traders battled the potential of increased interest rates and tighter monetary policy from the Federal Reserve.

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Some U.S. Companies Depart Hong Kong. There Are Worries Over Politics And The Pandemic

Some U.S. Companies Depart Hong Kong. There Are Worries Over Politics And The Pandemic At the same time, the number of mainland Chinese enterprises, who were long minor participants in the financial hub's commercial landscape, has risen to almost equal that of the United States (252) and is set to exceed businesses in 2022.

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Goldman Sachs Expecting Five Rate Hikes This Year

Goldman Sachs Expecting Five Rate Hikes This Year After this week's statistics, analysts changed their inflation path predictions, as "Chairman Powell's statements previously this week openly admitted that the Federal Reserve authorities are ready to a more aggressive tempo of tightening." Discover

Robinhood Reports Earnings Today — Here's What To Expect

Robinhood Reports Earnings Today — Here’s What To Expect Robinhood Markets (HOOD) is slated to announce fourth-quarter earnings after the bell on Thursday, despite the fact that the commission-free trading platform's shares have been trading at all-time lows.

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With critical online and physical infrastructure, the authorities want Shenzhen-based enterprises to group with each other and acquire bigger influence when purchasing hardware, electronic parts, and raw materials.

Chip Armageddon Reveals How Terrifyingly Fragile the U.S. Supply Chain Actually Is According to a new report issued Tuesday by the Department of Commerce, the average inventory of semiconductor chips has decreased from 40 days in 2019 to less than five days in 2021. Certain critical industries were particularly strained.

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Us-China Tech War: Shenzhen To Establish International Sourcing Platform

Us-China Tech War: Shenzhen To Establish International Sourcing Platform For Semiconductors As Global Chip Shortage Persists With critical online and physical infrastructure, the authorities want Shenzhen-based enterprises to group with each other and acquire bigger influence when purchasing hardware, electronic parts, and raw materials.

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Stock Market News Live Updates: S&P, Dow Close Slightly Lower Following Fed Decision

Stock Market News Live Updates: S&P, Dow Close Slightly Lower Following Fed Decision "With inflation well over 2% and a healthy employment market, the Committee believes it will be reasonable to raise the target range for the federal funds rate," the Federal Open Market Committee declared in a report.

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Binance to End Freeze on Deposits From Key EU Payments Network

Binance to End Freeze on Deposits From Key EU Payments Network According to a source close to the subject, Binance Holdings Ltd. is about to resume taking euro bank deposits from a big European payment network, ending a months-long restriction.

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Tesla Earnings Are Coming. They Better Be Good.

Tesla Earnings Are Coming. They Better Be Good. Tesla stock trading has been a wild ride recently. It's about to become much crazier, as the electric car business is scheduled to publish fourth-quarter profits after Wednesday's closing of the market.

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Chip Shortage Leaves U.S. Companies Dangerously Low on Semiconductors, Report Says

Chip Shortage Leaves U.S. Companies Dangerously Low on Semiconductors, Report Says Commerce Secretary Gina Raimondo stated that the survey findings demonstrate the critical significance of Congress approving the U.S.'s The Innovation and Competition Act which contains a $52 billion investment to stimulate domestic semiconductor manufacturing.

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Can Microsoft Acquisition Cure Activision Blizzard’s Toxic Workplace?

Can Microsoft Acquisition Cure Activision Blizzard’s Toxic Workplace? While the gaming industry has long suffered from a culture that "denigrates women," Ann Olivarius, a women's rights lawyer, views Activision ATVI, as one of the worst cases of toxic workplaces. Discover

GameStop apes are all talk: Webull CEO

GameStop apes are all talk: Webull CEO "If you look at the prices today [at GameStop], it tells me that whether it's diamond hands or monkeys, I believe it's just chatter," Denier remarked on Yahoo Finance Live. "We are witnessing our traders and our investors take money off the table in GameStop."

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