Such a surge in Amazon’s revenue resulted from the coronavirus pandemic that made people stay at home and order online instead of doing shopping in stores.
Alongside the earnings release, Facebook also gave an overview of the user activity and data on its platforms and revealed a dip in the Daily Active Users and Monthly Active Users in the U.S. and Canada.
Apple registered a 20% drop in the sales of its flagship iPhone smartphone during Q4 2020. Probably, enthusiasts have been waiting for the release of the latest flagship iPhone 12 5G, announced earlier this month.
All Ford factory workers and dealers have expressed with the new management in place that focuses on transparency and better performance efficiency. Streamlining the supply chain and cost reduction are key focus areas for the automobile giant.
If the deal with Plaid takes place, Visa will have access to 2,600 fintech apps and about 200 million bank accounts of users.
The strong Q3 performance of First Solar is reflected in its stock price as the shares have upturned the loss seen on Tuesday and now are over 14% up.
Microsoft and Alphabet search revenue have been noted to have a direct correlation. GOOGL stock price may go down in the nearest future,
For the September quarter, Microsoft managed to comfortably beat Street estimates driven by a significant surge in the demand for its Azure cloud and software services.
Despite the Deutsche Bank group’s impressive earnings, the firm’s stock price is down. With a 3.09% drop at the end of trading on Tuesday, it closed at $9.25.
As the agreement closes in 2021 expectedly, AMD investors will possess 74% of the combined company, leaving Xilinx shareholders with 26%.
Volatility has once again ensured the stock markets which are facing a double whammy with the rising coronavirus cases on one end and the halting stimulus talks. Markets are losing confidence with a gloomy outlook ahead.
As HSBC has reported, its third-quarter profit before tax is down 36% year-on-year, at $3.1 billion. The after-tax figure is $2 billion (46% down), adjusted profit before tax is down 21% to $4.3 billion.
The dip in the shares of SAP was further compounded by the company’s update of its Business Outlook for 2020.
In a bid to bolster its stocks’ future, Tesla is aiming to venture into the market of Europe.
According to the latest analysis, major U.S. equity benchmarks Like Dow Jones recorded a decline of 180 point. This decline has been linked to the 83,000 new coronavirus cases recorded in Sun Belt State over the weekend.