Pfizer reported growth of its quarterly revenue and profit by 45%. Sales of the vaccine against COVID-19 yielded $3.5 billion, which was 59% than forecast. However, after the report was published, the shares grew by 0.3% only.
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6 min
In this article, I’d like to tell you about an IPO of The Honest Company, which popularizes a healthful lifestyle and conscious consumption. The company’s founder is a Hollywood celebrity, Jessica Alba.
6 min
Amazing quarterly reports of US IT giants - Alphabet, Apple, Facebook, Amazon, and Microsoft – made the S&P 500 and NASDAQ indices grow. The former grew by 0.8% to 4211.47 points during a week and the latter – by 0.5% to 14082.55 points.
3 min
Elon Musk's company reported the results of Q1, 2021. Tesla's quarterly profit increased 27 times and reached an all-time high of $438 million. However, Tesla shares dropped by 4.53% due to vague forecasts.
6 min
In this article, I’ll tell you about the IPO of Privia Health Group, the company involved in the development and improvement of the US healthcare system. Unlike many other companies that enter the market, Privia Health is already generating a net profit.
3 min
Spotify shares grew by 7.15%. What are the reasons? Firstly, the service launches paid podcasts. Secondly, Jefferies increased the target share price of Spotify and changed its rating for “buy”. Thirdly, Spotify CEO is ready to buy Arsenal.
4 min
Let’s go on reviewing quarterly reports of US companies. On Wednesday, April 21st, and on Thursday, April 22nd, reports were presented by NextEra Energy, Verizon, Intel, AT&T – and I’ll speak about them below.
8 min
NVIDIA presented its new processing unit called NVIDIA Grace. This means that in the future, the company might do without the products of Intel and AMD, while the merger of Arm Limited will make NVIDIA a monopolist of the processing units market. Further reading – in our article.
4 min
On Monday and Tuesday of the one but last week of April, Coca-Cola, IBM, Johnson&Johnson, Netflix, United Airlines, and other US companies issued their quarterly reports. What were their results? Read our article.
6 min
In this article, I’ll tell you about an IPO of KnowBe4, a company that has been providing its clients with a platform for teaching cybersecurity to their employees for more than 10 years. The company’s target market in 2020 was over $15 billion.
4 min
Dell Technologies didn’t stop on selling RSA and plans to get rid of Bloomi and single out VMware in a separate structure. The first operation can bring $3 billion and the second one - $9.3-$9.7 billion. Dell stock price grew by 6.71%.
10 min
A story with Non-Fungible Tokens (NFT) on the stock market has started to pick up steam. Shares of some companies skyrocketed by thousands of percent. In this article, we’ll try to find out what an NFT is and how one can make money on it.
4 min
NVIDIA announced it was building a high-performance Arm-processor Grace for data processing center servers and AI computations. NVIDIA shares rose by almost 6%, while Intel shares dropped 4%. The GPU release is scheduled for 2023.
6 min
In this review, I’ll tell you about an IPO of UiPath, which has been harnessing robots for the betterment of mankind since 2005. CNBC believes the company’s applications and inventions wield a major influence on global competition.
3 min
Alibaba Group was obliged to pay the biggest corporate fine in the history of China for $2.8 billion for violating the anti-trust law. In this light, Alibaba shares showed an 8% growth. Chinese authorities tighten control over operations of IT companies.