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ExxonMobil Reaches High Profits on Increased Production of Cheap Oil

ExxonMobil Reaches High Profits on Increased Production of Cheap Oil

ExxonMobil can reduce its huge debt and increase revenues and profits by increasing its production of cheap oil offshore Stabroek Block in the Guyana-Suriname Basin, South America. Brent crude oil production price of one of…

Money
How much would you get if you invested $ 10 thousand in Tesla shares in 2010

How much would you get if you invested $ 10 thousand in Tesla shares in 2010

Tesla shares, which debuted on June 29, 2010, have shown incredible gains over the past ten years. 2020 has been a year of dizzying success and ambitious plans for Tesla. Analysts raised their estimates of…

Money
Trump could be impeached for inciting the storming of the Capitol

Trump could be impeached for inciting the storming of the Capitol

The House of Representatives has submitted an article on Trump’s impeachment and plans to vote on it this week. The impeachment will deprive Trump of the opportunity to run for elections in 2024 and hold…

Money
Walmart creates fintech startup with Robinhood venture capitalist Ribbit Capital

Walmart creates fintech startup with Robinhood venture capitalist Ribbit Capital

Walmart shares rose following the announcement of plans to launch a fintech startup to provide digital finance solutions for customers and employees. With the huge customer base of the largest US supermarket chain and its…

Money
Intel to release new chips and increase production of chips for data centers

Intel to release new chips and increase production of chips for data centers

Intel hosted CES 2021 on Monday to unveil four new processor lines for PCs and mobiles. Intel said it will ramp up production of its advanced server processors in the first quarter, and that its…

Money
AMD unveils new Ryzen 5000 series processors

AMD unveils new Ryzen 5000 series processors

AMD has unveiled next-gen Ryzen mobile processors with increased performance for gamers and professional workloads, starting in Q1 2021. AMD expects 50% growth in laptop and PC processor shipments this year. On Tuesday, processor manufacturer…

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Money
Apple Mac shipments up 48% in the holiday quarter

Apple Mac shipments up 48% in the holiday quarter

Apple’s December holiday quarter is expected to be extremely successful in terms of Mac sales thanks to the new M1 chips, analysts and research companies said, citing manufacturing shipments. Strong demand is expected to continue…

Money
Nio unveils ET7 sedan with autonomous driving superior to Tesla

Nio unveils ET7 sedan with autonomous driving superior to Tesla

Nio has unveiled its first premium sedan, the ET7, with deliveries starting Q1 2022. The Nio ET7 onboard computer is powered by Nvidia processors, with more processing power than Tesla’s. Nio also introduced new battery…

Money
Alibaba Shares Drop After Trump Bans Alipay Transactions

Alibaba Shares Drop After Trump Bans Alipay Transactions

Alibaba is facing risk again as transactions from Ant Group’s Alipay digital wallet could be banned in the US by order of Donald Trump, which will take effect in 45 days. Analysts assess the possible…

Money
PayPal has at least two strong growth drivers in 2021

PayPal has at least two strong growth drivers in 2021

PayPal’s latest moves should bring significant customer base growth to the company, which in turn will drive PayPal’s earnings and stock growth in the near term. PayPal (PYPL) stock has seen strong consistent growth in…