Retail powerhouse Walmart had impressive second-quarter earnings which beat expectations and surged due to grocery and school-related sales.
The decline in the company’s same-store sales is attributed to customer’s reduced interest in do-it-yourself undertakings.
The indexes hit a record high as nearly 87% of S&P 500 companies have reported positive EPS during the second quarter of 2021. This is the fastest 100% growth in S&P 500 since World War 2.
The United States National Highway Traffic Safety Administration (NHTSA) has opened a probe into electric vehicle manufacturer Tesla in relation to its autopilot system.
The declining trend in the jobless claims and under-control inflation data has spurted optimism in the market.
As China gets stricter with its regulatory rules, a lot of issuers get more panicking, but Hong Kong’s IPO pipeline continues to remain strong.
With digital currencies gaining increasing awareness by the day, there is a high likelihood that more inflow of funds will be coming into the space.
Despite great results in Q2, Coinbase stock plunged yesterday. It closed at $269.67, or 3.85% down, with a $58.98 billion market cap. After hours, its price slightly rebounded to $271.88.
In its first appearance in the market after raising $3.8 billion in its IPO, the shares of Krafton, Tencent-backed South Korean company behind blockbuster video game PlayerUnknown’s Battlegrounds (PUBG), dropped by as much as 20 percent. It later was trading at 13.5 percent lower at 10:48 a.m. in Seoul, thereby giving it a market valuation […]
Stocks of major vaccine makers rose on Monday amid renewed outbreak of COVID-19. Moderna CEO adds that vaccine makers have a huge opportunity for growth.
Additionally, AMC company noted that it will begin accepting Apple Pay and Google Pay by the end of this year.
The company has spent up to $750,000 in liability insurance from Liberty Mutual and secured through Turo Insurance Agency.
The business niche Deliveroo operates in has many rivals, with the biggest including Delivery Hero.
The report comes at a time when the Chinese regulatory authorities are imposing strict measures on local tech companies over concerns of data security.
Berkshire Hathaway has made a big bet on a market recovery in most of its recent investments.