Facebook beat analysts' estimates for quarterly revenue on Wednesday (Jan 27), powered by increased ad spending by businesses to capitalise on a holiday shopping season driven online by the pandemic.
Tesla's fourth-quarter profit fell short of Wall Street expectations on Wednesday (Jan 27) and the company failed to provide a clear target for 2021 vehicle deliveries, sending shares down 3 per cent in extended trade.
AMC Entertainment Holdings said on Wednesday (Jan 27) it had raised US$304.8 million by selling shares during an unprecedented social media-driven rally in its stock, though the US movie theatre firm could have raised about four times more by waiting one more day.
Microsoft Corp is investigating an issue that is causing connectivity problems with its Outlook email app for users in North America, it said on Wednesday.
THE cryptocurrency space may have been abuzz with activity in recent times, but the startup frenzy hasn't directly translated into fund or asset flow.
DESPITE the pandemic, UBS' AsiaPacific (Apac) business has streaked ahead to achieve a record growth in assets under management (AUM) and pre-tax profits.
THE European Union (EU) is determined to wrest control of euro, European securities and derivatives trade from London, with the British capital already experiencing some leakages.
U.S. stocks suffered their biggest one-day percentage drop in three months on Wednesday, adding to losses after the latest Fed statement as major indexes were also pressured by a slump in Boeing and a selling of long positions by hedge funds.
Apple Inc on Wednesday reported holiday quarter sales and profits that beat Wall Street expectations, as new 5G iPhones helped push handset revenue to a new record and sparked a 57per cent rise in China sales.
Denim maker Levi Strauss & Co beat analysts' estimates for quarterly revenue on Wednesday, as higher online sales cushioned the blow from a slump in store traffic due to the COVID-19 pandemic.
