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US retail sales hit record in March

US retail sales hit record in March

Record high retail sales in March and a sharp decline in US jobless claims show a strong positive momentum from mass vaccinations in the country, lower quarantine restrictions and government incentives with direct payments of…

Money
Dell spins VMware into a separate company, expecting to receive up to $ 9.7 billion.

Dell spins VMware into a separate company, expecting to receive up to $ 9.7 billion.

Dell shares surged 6.7% on Thursday after news of VMware’s spin-off. Dell will receive up to $ 9.7 billion, with shareholders receiving approximately 0.44 VMware shares for each Dell share. This will allow Dell to…

Money
UnitedHealth Shares Soar To New High Amid Jumping Profits And Earnings

UnitedHealth Shares Soar To New High Amid Jumping Profits And Earnings

UnitedHealth, the largest insurer in the United States, reported 43% profit and 9% revenue growth in the first three months of 2021, beating Wall Street’s expectations. UnitedHealth has raised its financial outlook for 2021. UnitedHealth…

Money
US suspends use of J&J Covid-19 vaccine due to risk of blood clots

US suspends use of J&J Covid-19 vaccine due to risk of blood clots

J&J shares fell 3% after the FDA and the Centers for Disease Control and Prevention suspended vaccine use to investigate a link to blood clots in six women receiving the J&J vaccine. Johnson & Johnson…

Money
Apple likely to unveil new iPad Pro and TV box at April 20 event

Apple likely to unveil new iPad Pro and TV box at April 20 event

Apple shares surged 2.4% after the company announced its Spring Loaded event on April 20. While Apple itself does not disclose details, market experts are making predictions about what new items will be announced. Apple…

Money
Coinbase share price in anticipation of direct listing on Nasdaq valued at $ 250

Coinbase share price in anticipation of direct listing on Nasdaq valued at $ 250

The entry into the market of the Coinbase crypto exchange today caused another jump in cryptocurrencies, bitcoin grew by 5% to $ 63.22 thousand.Analysts have different opinions, and the company’s valuation ranges from $ 60…

Libertex [CPS] WW
Money
JPMorgan, Goldman Sachs and Wells Fargo Publish Reports Better Than Market Expectations

JPMorgan, Goldman Sachs and Wells Fargo Publish Reports Better Than Market Expectations

Major US banks JPMorgan, Goldman Sachs and Wells Fargo reported better-than-expected 1Q2021 results amid recovery in the US economy thanks to government stimulus packages and massive COVID-19 vaccinations. US banks reported their first three months…

Money
Xpeng Motors unveils P5 sedan with new autopilot at a price cheaper than Tesla Model 3

Xpeng Motors unveils P5 sedan with new autopilot at a price cheaper than Tesla Model 3

Xpeng Motors is increasing competition in China’s electric vehicle market with the new P5 sedan, which features improved autopilot and LIDAR sensor systems for autonomous driving on city roads. Besides advanced technologies, Xpeng is gaining…

Money
Warren Buffett’s Berkshire Hathaway investment portfolio for early 2021

Warren Buffett’s Berkshire Hathaway investment portfolio for early 2021

Berkshire Hathaway, the investment company of the legendary Warren Buffett, generated $ 26.7 billion in net profit for a challenging 2020. This suggests that in 2021, investors should take a closer look at the stocks,…

Money
Bank of America’s quarterly report beat expectations, but bank shares plummet

Bank of America’s quarterly report beat expectations, but bank shares plummet

Bank of America reported a jump in earnings and better-than-expected first-quarter earnings and freed up $ 2.7 billion in reserves, but shares fell 4.45% in early trading on Thursday, likely for two reasons. Shares of…