Stock brokers, small investors and hedge funds are all bracing for tougher market regulations in the US, with officials expected to get together this week for assessing the fallout from a trading frenzy driven by social media that roiled silver prices and stocks. In the past two weeks, amateur traders […]
Other News
Bezos to Hand Over Amazon Reins to Jassy
Founder of Amazon.com Inc., Jeff Bezos will be stepping down from his position as CEO of the company to become the executive chairman. His successor will be the head of the company’s lucrative cloud computing division, which highlights the company’s transformation from an ecommerce retailer to an internet conglomerate. The […]
Robinhood CEO and Elon Musk’s Banter Triggers Stampede for Clubhouse App
A surprise chat between Vlad Tenev, the CEO at Robinhood, and Elon Musk, the tech billionaire, about the Clubhouse, a new audio-based social network, has helped in propelling the app to the top of the charts for startups. In fact, it ended up sparking a scramble of invitations to the […]
Sony Raises Outlook Due to Home Entertainment Boom
Japan-based Sony Corp raised its profit outlook for the full-year by one-third, primarily helped by the demand for games, movies as well as other content, fueled by the pandemic. However, the company did disclose that due to a global shortage of semiconductors, they were struggling to build enough PS 5 […]
Alibaba’s Revenues Go up But Ant Group’s Future Remains Uncertain
Strong results have been posted by Alibaba, the Chinese ecommerce giant, for the last quarter of 2020. Founded by Jack Ma, the company saw its revenues increase by 37% against the same quarter back in 2019 to reach a value of 221 billion yuan, which is the equivalent of $34.2 […]
Exxon Plunges to First Loss in Decades due to Pandemic
Last year, Exxon Mobil, the oil giant, suffered from its first annual loss in decades as energy use plummeted because of the global pandemic. Energy prices fell and at one point, they even went below zero, causing the company to lose $22.4 billion. The company was forced to make drastic […]
Pfizer Expecting $15 Billion Sales of the Coronavirus Vaccine
US-based drug maker, Pfizer Inc. has said that it is expecting to make sales of $15 billion of its coronavirus vaccine that it has developed with German company BioNTech. This vaccine was the first one to be authorized by countries for use, including the US and the UK. The sales […]
Have a Creative Business Venture? Here’s How to Get Finances and Investment
Going by studies conducted lately, most businesses suffer significant challenges when starting, some even opting to shut down. Insufficient funding has proven to be one of the chief reasons for this reality. The process of transitioning ideas and strategies into an income-breeding project needs capital to fuel every stage. This […]
Why Outsourcing Work is Best in a Pandemic Era
Work at home opportunities are all the rage in the present generation and the same can be said about outsourcing work in the Pandemic era. Companies are outsourcing both core and non-core works like secretarial works, accounting, outsource video and data entry work to be performed by professionals from other […]
4 Tips for Realtors: Complete Guide
Succeeding as a realtor in the field where everything is new to you may be tough. But there are things you can do to understand the real estate industry’s mysteries inside out. As a realtor, you are tasked with assisting people to sell, buy, and rent properties/ land. Your work […]
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