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Month: January 2021

Money
Apple Reports Record iPhone Sales Amid Booming Chinese Demand

Apple Reports Record iPhone Sales Amid Booming Chinese Demand

Apple beat Wall Street analysts’ high expectations by posting a new all-time high for the holiday quarter. The company has seen a boom in iPhone updates in China and strong growth in each of its…

Money
Tesla didn’t reach Q4 earnings estimates, but surpassed in revenue growth

Tesla didn’t reach Q4 earnings estimates, but surpassed in revenue growth

Tesla shares fell after the release of its Q4 report despite a 45% rise in earnings. Tesla showed pictures of factories under construction and new interiors of Model S and Model X, but did not…

Money
Facebook’s holiday quarter has been strong, but there are risks for ad targeting

Facebook’s holiday quarter has been strong, but there are risks for ad targeting

Facebook shares declined after the release of their holiday quarter financials despite 52% growth in earnings per share and 33% growth in earnings. Facebook expects the privacy changes in Apple’s iOS 14 could hurt its…

Money
SpaceX in a new round of funding could reach an estimate of $ 60 billion.

SpaceX in a new round of funding could reach an estimate of $ 60 billion.

Elon Musk’s space company SpaceX, after completing a funding round in February, could be valued at $ 60 billion, according to media reports. Analysts are speculating about the company’s share price. SpaceX, a privately held…

Money
McDonald’s quarterly report was worse than Wall Street expectations

McDonald’s quarterly report was worse than Wall Street expectations

McDonald’s reported a stronger decline in fourth-quarter earnings than analysts had predicted, and also missed earnings estimates. While US sales were up 5.5%, international sales were down 7.4%. McDonald’s ended 2020 with declining annual revenues…

Money
15 companies that could benefit from the growth of the electric vehicle market in 2021

15 companies that could benefit from the growth of the electric vehicle market in 2021

In the fast-growing electric vehicle market, apart from Tesla, there are a number of companies worthy of investor attention. Interest is growing amid both Tesla’s success and expectations of stimulus from the US government. 2020…

Libertex [CPS] WW
Money
Netflix reports subscriber growth above expectations and plans to buy back shares

Netflix reports subscriber growth above expectations and plans to buy back shares

Netflix posted fourth-quarter results above analyst estimates and reported positive cash flow for the year. The company said it did not need loans and could afford to buy back shares while continuing to actively invest…

Money
Microsoft partners with GM’s Cruise self-driving car division

Microsoft partners with GM’s Cruise self-driving car division

Shares of Microsoft and General Motors rallied on Tuesday after the companies announced that Microsoft was joining Cruise institutional investors. Cruise will rely on the Azure cloud platform to launch its self-driving cars. General Motors…

Money
US stocks rise on Joe Biden’s inauguration day

US stocks rise on Joe Biden’s inauguration day

The S&P 500, Dow and Nasdaq closed with strong gains on Wednesday as investors anticipate a positive impact from the $ 1.9 trillion US economic aid program. Biden’s candidate for Treasury Secretary Janet Yellen has…

Money
Top Stocks to Benefit from Joe Biden’s Presidency

Top Stocks to Benefit from Joe Biden’s Presidency

Joe Biden’s program and plans as the 46th President of the United States include large-scale payments to the public and assistance to enterprises during the pandemic, as well as investments in infrastructure and green energy,…