Dyson pouring 3.67 billion dollars on modern tech and expansion
UK’s manufactures of household appliances Dyson said it will spend an extra $3.67 billion over the next five years on emerging technology and goods. The investment would make it easier for the business to double the number of goods it offers and grow into new markets. Investments will be centered in Singapore, the United Kingdom, […]
Salesforce (CRM) is in talks to acquire Slack (WORK)
Shares of slack jumped 38% higher on Wednesday after it was reported by many sources that Salesforce is in talks to acquire Slack and a deal can be finalized next week. On other hand,Salesforce, whose stock closed down 5% on Wednesday will be announcing its third quarter’s fiscal results next week. Still, there is no […]
Nikola Corporation (NKLA) Share dropped 8% after speculations about its $2 billion deal with G.M
Shares of electric vehicle start-up Nikola Corp.declined 8% in after-hours trading on Tuesday after company’s CEO Mark Russell unbale to provide assured to investors that the GM will not step back from the $2 billion deal with Nikola. Russell also confirmed that the discussions are ongoing on with the G.M if a deal is not finalized […]
Oxford- AstraZeneca (AZN) vaccine is 70% effective against Coronavirus
British pharmaceutical giant AstraZeneca announced on Monday that its Coronavirus vaccine has shown 70% efficiency in protecting against the virus.AstraZeneca is working with the University of Oxford to develop the vaccine and it was assessed over two different dosing regimens. The news came after Pfizer and Moderna also revealed encouraging vaccine trial results in recent weeks showing […]
Dollar Index Improved While Treasury Market Marginally Dropped On Friday
In the U.S. foreign exchange sector, the dollar index ended the week in the green on Friday. On the dollar index, which tests its progress against a basket of six currencies (euro, pound sterling, yen, Swiss franc, Canadian dollar and Swedish krona), the dollar appreciated by 0.1 percent to 92.40 points. Since the beginning of […]
Metlife Inc (MET) announced their quarterly performance beating all profit estimates and Britain Lloyds sacked more workers, despite recent profit
MetLife Inc which is the biggest life insurer in the united states announced its quarterly results and announced the earnings of $1.73 a share, beating all the estimates of analysts.The company earned $652 million in variable investment income which is double from last year. The Chief Executive Officer of MetLife, Michel Khalaf said that the […]
Blue Hat Interactive Entertainment Technology (BHAT) Progressed To Acquire 51% Stake in Fuzhou Csfctech Co., Ltd.
Blue Hat Interactive Entertainment Technology (BHAT) signed an updated Letter of Intent with Fuzhou Csfctech Co., Ltd. The Chinese producer, developer and operator of augmented reality (“AR”) interactive toys, educational materials and entertainment games, signed the LoI to acquire 51% stakes in Csfctech and two of its subsidiaries. Blue Hat will directly purchase 51% of […]
Two Pet Stocks to Track As the Industry Continues to Grow
The novel coronavirus pandemic was a stimulus for the ever-evolving pet industry. Pet adoption grew significantly as millions of Americans were forced to stay home. All this compels investors to find the right pet stocks to buy. At least 67% of American households are animal owners, according to the American Pet Products Association. This number […]
Why Tesla and Apple are in headlines these days
Tesla (TSLA) and Apple (AAPL) recently grab the attention of investors when the two companies shared their plans of next stock split as they sought to make their shares available to a large number of investors. Over the past 12 months, the shares of both the companies have been performing well, which has been significant […]
