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Amazon posts third $100 billion quarter in a row, but still misses expectations

July 29, 2021 by admin

Amazon shares fell more than 7% in extended trading on Thursday after the company reported its first revenue miss in three years and gave weak third-quarter guidance. Here’s how the …

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Pfizer’s CEO says Covid vaccine effectiveness drops to 84% after six months

July 28, 2021 by admin

“We have seen also data from Israel that there is a waning of immunity and that starts impacting what used to be what was 100% against hospitalization. Now, after the …

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Apple demolishes earnings expectations, but stock falls after iPhone chip supply warning

July 27, 2021 by admin

VIDEO 2:36 02:36 Supply chain did impact Mac and iPad sales, Cook says Closing Bell Apple reported strong fiscal third-quarter earnings on Tuesday, demolishing Wall Street expectations. Every one of Apple’s …

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Tesla reports more than $1 billion in net income during Q2, up tenfold from a year ago

July 26, 2021 by admin

The company also reported $801 million in revenue from its energy business, including solar photovoltaics and energy storage systems for homes, businesses and utilities, an increase of over 60% from …

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Stock futures hold steady ahead of a huge week of Big Tech earnings

July 25, 2021 by admin

Stock futures opened little changed after the major averages finished the previous session at record closing highs and ahead of a busy week of earnings reports from technology’s heaviest hitters. …

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Chinaโ€™s digital yuan could pose challenges to the U.S. dollar

July 24, 2021 by admin

China is beating the U.S. when it comes to innovation in online money, posing challenges to the U.S. dollar’s status as the de facto monetary reserve. Nearly 80 countries — …

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After being ravaged by the delta Covid variant, how is India doing now?

July 23, 2021 by admin

A health worker seen preparing the shot of Covid Vaccination to a beneficiary at a vaccination centre at Mandir Marg, on July 21, 2021 in New Delhi, India. Hindustan Times …

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Tech stocks lead Nasdaq to third straight day of gains

July 22, 2021 by admin

Tech shares led U.S. stocks higher Thursday, despite an unexpected jump in jobless claims that resurfaced some concerns about the economy and sent bond yields lower. The Dow Jones Industrial …

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Bitcoin extends gains, climbing above $32,000 as cryptocurrencies rebound from sell-off

July 21, 2021 by admin

A bitcoin sign with a graph pictured in the background. STR | NurPhoto via Getty Images Bitcoin and other cryptocurrencies recovered Wednesday after a brief sell-off, with the world’s biggest …

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Netflix beats on paid subscriber growth, but misses earnings expectations

July 20, 2021 by admin

VIDEO 5:34 05:34 Loup Ventures’ Gene Munster weighs in on Netflix’s quarter Fast Money Shares of Netflix recovered from an initial dip and were up nearly 1% after the bell …

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