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Walmart revealed it spent $11.8 billion the last year on dividends. Amazon doesn’t have such a strategy but AMZN stock price is growing.
The future of Facebook is not in question. However, even as its stock continues to rise, regulatory hurdles mar the company’s journey. Yesterday, the FB stock price increased by 1.69%.
Tesla (TSLA) stock has reacted positively to the news about the company’s talks with CATL, a Chinese producer of cobalt-free batteries.
Alphabet Inc. shows incredible profits during the overall market depression. Google Cloud and YouTube are making a good contribution to the total revenue. Alphabet (GOOGL) stock may reach new highs.
Elon Musk has expressed displeasure with Bill Gates after the Microsoft founder revealed he bought a Porsche Taycan and not a Tesla. TSLA stock is rising.
Bombardier announced it will sell its rail division to Alstom, a France company, for $8.2 billion as it wants to focus on the aviation sector.
Analysts are closely watching Boeing’s plans as it reorganizes itself in coming out the 737 Max crash investigation. Boeing (BA) stock currently looks under pressure but Credit Suisse predicts no further downfall amidst growing positive news.
Binance Cloud will help users and developers to launch their own digital asset exchanges using Binance’s technology and liquidity.
General Motors has announced it will be ceasing its operations in some international markets and concentrate on the profit-making regions. GM stock hasn’t reacted significantly.
Swedish telecom company Ericsson claims it will be a leader in rolling out the 5G network across the world, though Huawei continues making big progress.