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The last week of July was dominated by the Big Tech earnings, but the auto industry, plane makers and retailers were also in the spotlight
The earning season heated up this week (July 18-22), as Tesla, Netflix and Snap released their results, while more news stood out, such as Ford’s EV update and more
The king of the Electric Vehicle market reported overall solid results for Q2, but comparisons with the previous quarter are not flattering
Netflix stock rises in today’s pre-market, after reporting a smaller than expected loss of subscribers, while offering updates on its plans for ad-supported tier and password sharing
The latest earning season got underway, with the banking sector and Delta Airlines in the spotlight, while more developments such as Amazon’s Prime Day, drew our attention this week
The US airliner continues its recovery from the Covid-19 lockdowns that devastated the industry, returning to profits in the second quarter of the year
Banks look to borrow nearer the short-end of the curve and want to make their loans at higher rates. Given that the spread is narrowing, their profit incentive is declining, which implies stricter conditions for loans and headwinds to margins.
The never-ending saga carries on, as Mr Musk notified Twitter that he is terminating the takeover, but the Board of the social media firm is committed to closing the deal
In a holiday-shortened week in the US, there was not a lack of news, as we had the latest sales figures from Ford, Amazon got a stake in a food delivery firm among other developments, as markets prepare for the latest earnings season
A new report suggests that Elon Musk's $44bn deal to buy Twitter is in danger.
The two Chinese electric vehicle (EV) startups released solid deliveries for the second quarter of the year, while China was the biggest market last year
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