The major U.S. indices show negative dynamics in the trading on Friday, November 20, due to disputes between the Federal Reserve and the US Treasury over the extension of a variety of programs during the coronavirus pandemic to support the country’s economy. Thus, Treasury Secretary
XPeng launches its P7 sports sedan with Lidar technology, the first-ever by any automaker. P7 Wing is a limited edition only available in the Chinese market. XPeng Inc., (XPEV) is rising as one of the most promising electric vehicle companies. The company has massive demand
On Thursday, 19 November, the major U.S. indices ended trading in positive territory due to higher prices of high-tech stocks, which, due to the rapid spread of COVID-19, increased expectations of tightening of quarantine measures in several states of the country. The average number of
Sonos Inc (SONO) soared 29.84 percent after the Californian maker of wireless audio speakers posted performance well above estimates for its fourth fiscal year which ended at the end of September. Compared with the $299 million predicted by the FactSet consensus, revenue jumped 15.5 percent
The California utility giant just announced its new CEO as the company aims to come out of problematic circumstances. On Wednesday, PG&E Corp. (PCG) announced a new CEO placing its fate in the hands of a compatible and reliable person. The company after facing heavy
Tesla (TSLA) shares jumped 10.20 percent at the close of trading on Wednesday, up nearly 427 percent since the beginning of the year. The company’s stock kept surging for 2nd day as the S&P Dow Jones Indices on Monday announced plans to include the shares
A Lockheed Martin Corporation (LMT) quarterly report showed that the space segment of the business is increasing at the slowest rate, and its profitability is dropping altogether. Competition with SpaceX is the main reason, but the management of Lockheed claims that the space technology segment
A day after the record highs for the Dow Jones and S&P 500 in anticipation of successful coronavirus vaccines revealed by Moderna (MRNA) and Pfizer (PFE) in the coming weeks, and potentially other laboratories already in the final phase of their clinical trials, the New
Shares of corporate video solutions designer Zoom Video Communications Inc. (ZM), settled at a loss of -1.10 percent to $399.15 on Monday. The stock remained more volatile after emergence of the vaccine news last week. The vaccine announcement by Moderna Inc (MRNA) this week has
Enterprise software developer EPAM Systems Inc. (NYSE: EPAM) has been listed on Fortune’s list of the 100 fastest-growing companies as one of the leaders in its services. AppFolio, Inc. (NASDAQ: APPF), a software and services company for real estate, is the ranking leader. EPAM climbed
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