Friday, January 15, 2021
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.
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 to 21st place...
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 in China, but...
On Friday, the New York Stock Exchange ended marginally lower, following records in its key indices, which increased throughout the week. As Friday approached (the last deadline before a "shutdown"), talks in the U.S. Congress on a proposed $900 billion budget funding package have escalated, which can...
On Tuesday 15 December, in the face of strengthening restrictive measures in a number of Western countries, oil gained about 1.1 percent in price. Moreover the news of continued growth in the production of oil in Libya puts pressure on the prices. The weakening of the OPEC...
In the oil sector, in the expectation of an economic rebound in 2021 thanks to anti-Covid-19 vaccinations, optimism continues to lift prices. U.S. light crude oil (WTI) eventually held up well with the January Nymex contract adding up 2.8 percent to $46.78 a barrel.
On Friday, on the macro-economic front in the United States, amid the rise in the coronavirus pandemic and the return of restrictive measures in many states, American morale was holding up at the beginning of December. As calculated by the University of Michigan, the preliminary U.S. consumer...
On Monday, the oil sector remained under pressure from the U.S. Congress still not coming to an agreement on the stimulus plan as well as suffering the impact of new coronavirus wave in the United Kingdom which raised questions about the economic recovery in all parts of...
Altus stock tripled overnight as the company plans to recommend a quarterly dividend of $1.50 per share beginning in March 2021. Shares of the Permian-to-Gulf Coast midstream oil & gas pipeline company, Altus Midstream Company (ALTM) skyrocketed on positive third quarter results and upgraded future outlook, including...
Signal and Telegram messaging applications are experiencing a sudden rise in demand as the service's terms of use of their largest competitor, WhatsApp, has been revised, a step that caused a backlash on social media. On Wednesday, WhatsApp, which uses Signal's encryption technology, announced...

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