Amazon announced on Thursday that the company is expecting a surge in holiday sales and costs related to the pandemic, thanks to the consumers who are doing more online shopping online during the pandemic. The company will keep spending more on delivery infrastructures and it can continue over one year. After...
On Friday, before its incorporation into the S&P 500, Tesla Inc (TSLA) declined -2.72 percent to $609.99. Broker Jefferies decreased its recommendation of 'buy' to 'hold', but increased its price target to $650 from $500 previously. NIO Limited (NIO), the Chinese competitor of Tesla, also fell -7.16% to $41.98, giving...
Ocugen Inc (NASDAQ: OCGN), the stock soared 222.90%to $2.60in the post-market hours on ‎Wednesday. OCGN stock was trading 693.38% away from the 20-day Simple Moving Average. ‎The company’s weekly performance was 766.67%, in contrast to the annual version of - ‎‎570.45%. The healthcare sector giant has 16 employees on...
Metalla Royalty & Streaming Ltd. (MTA) recently entered into an equity distribution agreement with a syndicate of agents to establish an at-the-market (ATM) equity program. The companies from both Canada and the United States have been included in the syndicate with BMO Capital Markets Corp.‎ and Cormark Securities (USA) Limited...
Franchise Group, Inc. (FRG) saw attraction of roughly 6.8% in its stock price on Tuesday to conclude trading at a closing price of $25.14. The stock’s weekly performance is currently at 3.84% while is has been 8.36% from year to date. The company recently announced pricing of its...
The quarterly revenue of Fair Isaac (FICO) amounted to $3.25 per share, up from a Zacks Consensus prediction of $2.26 per share. This compares with a year ago 's earnings of $2.01 per share. For non-recurring products, these statistics are adjusted. These financial earnings mark a 43.81...
Robot cars will have a huge impact on the U.S. aviation industry and also on commercial aircraft and helicopter manufacturing. This is particularly true after the crisis of COVID-19, which dealt a significant blow to the airline industry. The benefit of aircraft speed, which can generate fantastic business prospects for manufacturers of...
HSBC Holdings PLC announced on Tuesday that it will accelerate its restricting plan, reducing cost further than previously suggested. The bank wants to overturn its model from generating income mainly from interest rates to fee-based business, and shrinking in size. The announcement came after HSBC revealed its financial...
Airbus, the European plane maker announced on Tuesday that it is hopeful to reach cash break-even in the current quarter, giving the first hint to the investors about their future performance. The company suffered hard due to the current pandemic and had to take measures to stop the cash outflows in...
The German automaker Volkswagen announced its quarterly results and returned into positive as demand for their luxury cars increased in China. The demand from China also helped them to cover the 1.1% drop in vehicle deliveries due to the current pandemic. The Company is expecting a profit for the full year...