Biotechnology Giant Moderna Reaches New Expanded Supply Deal with Canada
Moderna reports a new supply deal with the Canadian government for more doses of Covid-19 vaccine through 2024, according to a new release by Moderna on Monday. The agreement provides...
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Solana Carves Fresh Record-High to Enter Top 10 Cryptos
Solana took off as it rocketed by over 41% on Monday to hit a fresh record and enter the top 10 cryptocurrencies, Forkast reported. Solana carved a new record-high of...
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Saudi Arabian Oil Giant Aramco Finalizing a $25 Billion Deal to Acquire Stake in Reliance
Saudi Aramco is in discussion for an all-stock deal to buy a stake in Reliance Industries Ltd.’s oil refining and chemicals unit, according to a report by Bloomberg on Monday....
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SoFi Stock Stumbles on Second-Quarter Loss
SoFi Technologies reported a loss for the second quarter even as revenue doubled at the online personal finance site, according to a press release by SoFi Technologies on Friday. Revenue...
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U.K. Job Ads Soars to Near-Record Highs in the First Week of August
U.K. wages are increasing as companies struggle to hire workers to assist them with recovery after the easing of the Covid-19 restrictions in July. FTSE 250 Index up +0.33%, GBP...
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FDA Clears Third Shot for Americans with Weak Immune Systems
U.S. regulators approve Americans with weakened immune systems to be allowed to get three shots of Covid-19 vaccine, according to a report by Bloomberg on Friday. The U.S. Food and...
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Cathie Wood’s ARK Invest Buys Over 5.6 Million of Palantir Technologies Stocks
One of the Ark Invest exchange-traded run by ETF star Cathie Wood made a huge purchase of Palantir shares on Thursday. On August 12, Ark’s ETF fund purchased 5,602,325 shares...
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Microsoft Protests NSA’s Decision to Award $10bn Cloud Computing Deal to Amazon
Microsoft Inc has filed a suit with the GOA against the NSA, challenging the award of its cloud computing contract to Amazon, according to a report by CNBC on Thursday....
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Palantir Posts 49% Growth in Revenue, US Commercial Revenue Soars 90% YoY
Palantir Technologies Inc. posted a Q2 jump in total revenues by 49% YoY to $376 million, driven by higher US commercial revenue, according to a report by Palantir on Thursday....
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Baidu’s Q2 Revenue Increased 27%, Backed by Cloud Business
Baidu Inc. reported its core revenue in the second quarter rose by 27% from last year, driven by a 71% increase of AI cloud services, according to a report by...
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NIO Posts Record-High Quarterly Delivery of 21,896 Vehicles, Net Loss Drops 50%
NIO Inc., a leading company in the electric vehicle market in China, posted a 111.9% increase in deliveries of vehicles in Q2 this year, according to a report by NIO...
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eBay Posts 14% Jump in Revenue to $2.7 Billion as Operating Margin Drops
eBay Inc’s second-quarter revenue was $2.7 billion, up 14% on a reported basis and up 11% on a foreign exchange basis, according to a report by eBay on Wednesday. The...
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