According to trading data, securities of the microblogging service Twitter Inc. after the close of the main trading session in the US fell in price by more than 17%, also according to financial statements, in the red were the shares of US technology giants Amazon, Apple and Facebook, only Alphabet reporting pleased investors.
Thus, shares of Twitter after the close of the main trading session on the NASDAQ fell by 17.53%, Amazon – by 1.87%, Apple – by 4.22%, Facebook – by 2.65%. At the same time, Alphabet shares rose by 6.5%.
Traders in the Twitter report were disappointed that the number of active users of the network in the third quarter increased by one million or 0.5% quarterly – to 187 million people per month, although analysts expected growth to 195 million people.
Apple reported revenue growth for the fourth quarter of 2019-2020 (the quarter ended September 26) by 1% year on year, to $ 64.7 billion. The indicator exceeded forecasts, but traders could be disappointed by the slowdown in growth compared to the previous quarter, when revenue grew by 11% year on year.
Shares of Amazon and Facebook also fell, despite the fact that their financial performance exceeded analysts’ forecasts.
On Thursday, Amazon announced the release of its updated smart glasses Echo Frames starting on December 10. Now everyone will be able to buy it. The new product from Amazon for $ 250 will go on sale just before the holiday weeks, which is a good time to start the release. Analysts and market experts […]
Shares of Zoom and other companies, which rose amid the pandemic and lockdown, fell in trading on Monday. The reason was the announcement of two biotechnology companies about the successful testing of a promising vaccine, writes CNBC. Shares of the Zoom video conferencing service fell 17.4% by the end of the trading day. Amazon and […]
Apple has announced that it will hold a presentation of new products next week – the third since the beginning of 2020. According to the company’s website, the event will be broadcast from the head office in California on Tuesday, November 10. The company announces the event with the words “One More Thing”. This phrase, […]
Shares of Amazon, which rose by 73.8% since the beginning of the year (more than the growth of Apple, Microsoft, Google and Facebook), fell 2% after closing trading on Thursday, when the company released a report for the 3rd quarter, which ended September 30. Amazon set a new revenue record, e-commerce increased sales by 57% […]
Shares of Alphabet, which rose 18.2% over the past 6 months, rose 9% after closing trading on Thursday when the global advertising giant announced significant improvements in the reporting quarter. Google’s parent financial report far exceeded analysts’ expectations and showed a resumption of advertising revenue growth after reporting a drop in revenue for the first […]
South Korean company Samsung Electronics in the third quarter of this year took first place in the global smartphone market. This was reported on Friday by KBS, citing data from the international research company Counterpoint Research. According to this data, during this period, Samsung controlled 22% of the world market. In second place is the […]
American gadget manufacturer Apple Inc. in July-September reduced net income to $ 12.67 billion, or $ 0.73 per share, compared to $ 13.68 billion, or $ 0.76 per share, for the same period in 2019. Stock analysts forecast a rate of $ 0.71 per share. Apple’s quarterly revenue grew 1% year on year to $ […]
Recently, according to informed sources, the major Korean automakers Hyundai Motor and Kia Motors announced the purchase of the financial corporation Hyundai Capital from General Electric. The transaction price is generally $ 599,5 million. (Hyundai will pay $ 81,800,000 for 3% of shares, and the company Kia Motors will acquire a 20% stake for $ […]
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As “Liga.net” reports, ATB will have finished the transaction on purchase of large West Ukrainian Barvinok retail network until the end of the year. ATB,the largest food retailer buys the Barvinok West Ukrainian network.The network has already changed the owner in 2015. Then Eurotek purchased it. The investment banker who wished to remain unnamed reported:”ATB […]
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The Law of Ukraine “On licensing certain types of economic activity” valid from the 28th of June 2015 states that economic entities may be deprived of licenses if they are controlled by the aggressor country. On the 17th of November 2015 the Commission has deprived a license from “Ukrainian Exchange”, because it is a subsidiary […]
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Chinese companies continue to actively increase their presence in the business world. Recently it became known that the company Dalian Wanda Group, which specializes in the construction of residential and commercial property, acquires the major USA cinema-company Legendary Entertainment for $ 4 billion. After the implementation of the agreement, most of the shares will pass […]
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On Tuesday, JPMorgan Chase announced the launch of its mobile payment service QuickAccept, and on Wednesday, Visa launched its application called Tap to Phone. The purpose of both programs is to offer sellers an easy way to accept contactless payments from customers via a smartphone or tablet. According to Visa, in the context of the […]
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LDaily prepared the short overview of latest news in the sphere of business and finance for last week for the readers. If you missed something, it would a good opportunity to correct it. 1. Epic with e-declarations came to an end, but not for all On October 30, 2016, at 24:00 the stage of the Ukrainian […]
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According to the Wall street journal, the French regulatory authority has fined 20 firms engaged in the delivery for 672 million euro. The reason for this decision of regulators is financial fraud of companies, that administered prices through collusion for six years. The companies violated the law in the financial sector and in the field […]
Next14 famous international airlines, such as British Airways, Air France-KLM, Qantas Airways, Air Canada, etc., were accused of cartel in the area of ??cargo and had to pay a fine of € 790 million. The European court of general jurisdiction, the second most important court in the EU, in its verdict says that the decision, […]
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Банк Англії підвищив базову процентну ставку максимальними темпами з 1995 року, на 50 базисних пунктів – до 1,75% із 1,25%. Про це повідомляється на сайті регулятора. Сама ставка зараз перебуває на максимальному рівні з грудня 2008 року, коли вона становила 2%. Банк Англії прийняв таке рішення на тлі високої інфляції, яка зараз становить 13%. Регулятор прогнозує, […]
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The National Bank did not go out this week with interventions on the interbank market, according to the press service of the regulator on Friday, November 27. The Central Bank has been refusing to buy or sell currency for three weeks in a row. At the same time, since the beginning of the year, the […]
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An art lecturer who had a 25-year relationship and a son with a teenage student said he was not sure he loved her any more than his dog and dismissed her as a mere lodger. Kim Woodward was a talented 19-year-old design student when she fell for artist Rupert Ashmore, a Jaguar-driving 36-year-old lecturer at […]
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Production and supplies of the American manufacturer of the electric vehicles Tesla grew in the third quarter of 2020 by almost 1.5 times a year, the company said in the release. Therefore, Tesla’s deliveries in the third quarter amounted to 139.3 thousand against 97 thousand in 2019, and the production – 145.036 thousand compared with […]
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In his new project, the pharmaceutical giant Bayer wants to unite the genome editing technology crispr with their experience in trying to develop new drugs. Bayer, in close cooperation with Crispr Therapeutics AG on the basis of new technologies will seek to establish modern medicines from hemophilia and heart disease of newborns. In a joint […]
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Ukrzoloto opens the jewelry store under the brand “Golden Place” in Wroclaw (Poland). “For placing the store the company chose a location in the largest shopping center in Wroclaw –“Aleja Bielany” , – says a member of the board of the “Ukrzoloto” Andrei Zhuk. Over 30 thousand jewelry brands: SoVa, Roberto Bravo, Kimberli, Golden Silver, […]
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Following the third phase of trials of its COVID-19 coronavirus vaccine, Moderna said the drug was generally well tolerated and no serious health problems were identified. According to the company, the effectiveness of its vaccine reaches 94.1%, and 100% for preventing severe coronavirus cases. Previously, the manufacturer estimated the effectiveness of its drug at 94.5%. […]
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Large tobacco company Philip Morris couldn’t prove that the new Australian legislation, which involves standardized packs for all manufacturers of cigarettes, violates the intellectual property rights of the brand. The company filed a lawsuit against the Government of Australia to the arbitration court in Singapore, that refused to consider the case on the grounds that […]
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