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Latest news

Four global companies decide to buy back shares

Share buybacks are what companies choose to do when investors increase their share sales. The move is intended to provide greater stability and make shares a more desirable commodity. Airbnb, Devon Energy, Valvoline and Old Republic International are therefore planning this particular strategy to show shareholders confidence in future growth prospects.

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Electric vehicle prices are rising. Tesla vs. Rivian

Tesla will raise prices of Model S, X by $1,000 and Model Y by $250 in the US. The increase is a single-digit percentage and is the second increase since April 19. Compared to the beginning of the year, they're still cheaper; Tesla has cut prices six times since then to increase sales volume.

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Berkshire Hathaway dropped the EV. Investors trust it

One of the largest investment firms led by the well-respected Warren Buffett has sold 1.96 million shares in BYD, the electric vehicle maker, in a deal worth HK$462.09 million (about US$58.9 million). Currently, investors and analysts consider companies involved in the production of electric vehicles in the market to be less sustainable.

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Microsoft and Google heads meet with Biden over the future of AI

Artificial intelligence has become such an important term in today's technological world that it prompted the CEOs of Google and Microsoft to meet with US President Joe Biden on the subject.

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Morgan Stanley Upgrades Dell and HP Stocks Based on Positive Market Outlook

In a note to clients on Tuesday, analysts at Morgan Stanley upgraded Dell Technologies Inc (NYSE:DELL) from Equal-Weight to Overweight and HP Inc (NYSE:HPQ) from Underweight to Equal-Weight. The analysts also raised their price targets on both stocks, with Dell's target increased from $45 to $55 per share, and HP's target increased from $28 to $31 per share.

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Mondel─ôz still tastes good, candy company exceeded expectations

Mondel├ęz Group, the global snack food company, is known for its Oreo biscuits, Cadbury chocolate, 3bit, Milka or Toblerone, and its repertoire also includes Jacobs or Tassimo coffee. Financial results for the latest quarter beat expectations and earnings per share came in at $0.89, beating forecasts by $0.09

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