Markets were pleased in terms of U.S. policy to see Donald Trump taking another step towards acknowledging his defeat in the November 3 presidential election to Joe Biden. In the short session on Friday, after remaining closed for Thanksgiving on Thursday, Wall Street took an
This month, markets have benefited from many comfort factors, beginning with the positive outcomes of many coronavirus vaccine trials, but also the approval by Donald Trump of the presidential transition, or the insistent reports of former Fed boss Janet Yellen as head of Joe Biden’s
European Union Aviation Safety Agency (EASA) set up the conditions and regulations on Tuesday for grounded Boeing 737 MAX to back into the service. The new conditions include training and updating MCAS software implicated in the crashes. Following the footsteps of EASA, Brazil’s top regulator
The software company Paylocity Holding Corporation (PCTY), which provides cloud based HR and payroll solutions, has acquired another tool related to the field of remote working. The move came as Paylocity expects the growth of this field to continue even after the end of the
The Chinese e-commerce network is on a roll following a new collaboration deal that will leverage Yunji’s online store and video account on Douyin. Shares of Yunji Inc. Skyrocketed on Tuesday as the stock soared above 100%. The Chinese leading social e-commerce platform is set
Chico’s FAS Inc. (CHS) declined by -10 percent on Tuesday. The apparel retailer posted solid third quarter sales growth of 14.8 percent compared to the previous quarter, and an expanding gross margin of 740 basis points. The year-on-year digital growth was 67 percent. Best Buy
Streaming TV solutions provider Roku Inc. (ROKU) has released deals which will be available to customers for a limited period of time including Black Friday. The offers are related to reducing the cost of set-top boxes, which will also include premium subscriptions giving preferential access
The Chinese automaker Xpeng is facing a lawsuit for possibly stealing the source code of the plaintiffs. Tesla’s owner Elon Musk is one of the most active persons on Twitter. In a recent debate on the social network, Musk claimed the Chinese automaker Xpeng had
On Monday, oil prices continued to grow at their highest level in almost three months, hoping for a demand rebound in 2021 and an extension of OPEC supply cuts past 31 December. On 30 November and 1 December, the representatives of the OPEC+ will meet.
The U.S. manufacturer of augmented reality glasses, Vuzix Corporation (NASDAQ: VUZI) concluded the week losing 2.51 percent to settle at $3.88, but the stock was up 3.19 percent over the past 5 sessions. Over the past few years, Vuzix has successfully sold its augmented reality
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