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Wall Street Searching for Inflation Rate, Airbnb Down After Figures
Airbnb fell sharply on the stock exchanges in New York on Wednesday. The home rental platform performed better than experts expected last quarter, but the outlook for the current quarter was disappointing.
As a result, the stock…
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Unexpectedly Many Jobs in the United States
The US labour market was tighter in April than economists had expected. Employers hired more people than in the previous month, while experts expected a decrease in new jobs. In addition, unemployment remained low, while a slight increase…
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Starbucks Drops on Expectant Wall Street After Numbersv
On Wednesday, Starbucks was among the biggest fallers on the New York stock exchanges. The coffee chain saw turnover and profit rise sharply last quarter, partly thanks to price increases.
Despite the higher prices, the number of…
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Intel Rises, Snapchat Crashes on Wall Street After Quarterly Results
On Friday, Intel was one of the strongest risers on the New York stock exchanges. However, the large American chip producer suffered the largest loss last quarter in the company's history.
However, the loss was not too bad, and…
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Microsoft is Not Allowed to Take Over Games Company From British Watchdog
The takeover of games company Activision Blizzard by Microsoft may not go ahead from the British regulator CMA. He thinks that Microsoft is getting too much power in the market for cloud games.
According to the watchdog, Microsoft…
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Yellen: US Wants Fair Economic Ties With China
The United States seeks "constructive and fair" economic ties with China. US Treasury Secretary Janet Yellen said in a speech on Thursday. In it, she explained the main goals of the Biden administration for the economic relationship between…
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Google Parent Company Sinks on Reluctant Wall Street
On Monday, alphabet, Google's parent company, was among the fallers on the New York stock exchanges. Investors processed a report that South Korean tech group Samsung is considering replacing Google with Bing as the preferred search engine…
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American Teenager Shot After Ringing the Doorbell at the Wrong House
In Kansas City, Missouri, a 16-year-old boy was shot by a homeowner last Thursday after he rang the wrong doorbell. The police announced this at a press conference on Sunday.
The teen's parents had asked him to pick up his younger…
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