The Reddit online forum that fired up a global trading frenzy was in a more sober mood on Tuesday, with many retail investors begging others to "buy the dip" as their favourite stocks plunged.
HOUSTON :Exxon Mobil Corp on Tuesday posted a historic annual loss after the COVID-19 pandemic hammered energy prices and reduced the value of the company's shale gas properties by more than US$20 billion.
:Online trading platform Robinhood said on Tuesday it had raised trading limits on stocks of five companies, including GameStop Corp and AMC Entertainment Holdings Inc.
NEW DELHI :An Indian court blocked Future Group's sale of a swathe of assets to rival Reliance Industries on Tuesday after Amazon raised objections to the US$3.4 billion deal, in a battle of the retail titans that could reshape the shopping sector.
WASHINGTON: The Federal Aviation Administration (FAA) said Tuesday that it cleared the way for the flight of SpaceX Starship SN9, saying it complies with all safety and related federal regulations. Prior to the Starship SN8 test launch in December, SpaceX sought a waiver to exceed the maximum ...
Amazon.com Inc has agreed to pay more than US$61.7 million to settle allegations that it failed to pay Amazon Flex drivers all of the tips given by customers over more than two years, the Federal Trade Commission said in a statement on Tuesday.
European airlines buffeted by successive lockdowns have little idea what kind of summer to expect. But they must place their bets anyway.
Volkswagen is looking into buying chip supplies directly from manufacturers, according to a company executive, as automakers battle a global semiconductor shortage.
NEW YORK: GameStop shares sank on Tuesday (Feb 2) and a silver buying spree led by small investors subsided as a Reddit-driven trading frenzy that has shocked global financial markets over the past week started to show signs of fizzling out. The videogame chain's shares, which have see-sawed in...
Tesla Inc has agreed to recall 134,951 Model S and Model X vehicles with touchscreen displays that could fail after U.S. auto safety regulators sought the recall last month, according to a recall posted on a government website Tuesday.
