OPEC and Russia are missing their oil pumping targets, sending the price close to a seven-year high. Production issues in various countries have prevented the organization from adding back 400,000…
Author archives: Cristian Bustos
What To Look For Ahead Of The Google Earnings Report
Google – Alphabet Inc (NASDAQ:GOOGL) – is set to disclose earnings for the fourth quarter on Tuesday, and investors will be looking to how the internet giant can maintain the…
Google Q4 Results Beat Expectations As Internet Giant Announces Stock Split
Google’s advertising business keeps Alphabet Inc (NASDAQ:GOOGL), its parent company, posting record numbers. Financial results disclosed Tuesday informed of $75 billion in revenue for the fourth quarter of 2021, while…
Deliveries Of Chinese EV Maker Xpeng Increased 115% YoY
January deliveries of Xpeng Inc (NYSE:XPEV), the electric vehicle manufacturer from China, grew by 115% year-on-year. This represents 12,922 units for the month and a 19% drop from December figures….
Walmart Partners With Angi To Offer Home Services
Walmart Inc (NYSE:WMT) will dabble into home services by partnering with Angi, through which the retail giant will offer service professionals to customers in almost 4,000 stores in all 50…
Gambling Giant Entain Eyeing The Metaverse With $133 Million Investment
Sports betting and gaming company Entain PLC (LON:ENT) is set to invest $133 million in an innovation lab to develop immersive gaming in the metaverse. The initiative, known as Ennovate,…
Chevron Shares Dip On Lukewarm Q4 Results
Shares of Chevron Corporation (NYSE:CVX) dropped on Friday after the company disclosed its earnings report for the fourth quarter. Chevron beat revenue expectations but fell short on profit, despite the…
Internal Issues And Regulatory Pressure Kill Off Meta’s Crypto Project “Diem”
Diem Association, the consortium founded in 2019 to build a payment network linked to the cryptocurrency promoted by Meta Platforms Inc (NASDAQ:FB) has reached an agreement to sell its technological…
Elon Musk: Tesla Bot Is The Most Important Project For Tesla This Year
During Tesla Inc (NASDAQ:TSLA)’s fourth-quarter earnings call, CEO Elon Musk revealed that the automotive giant is betting hard on the Tesla Bot, a humanoid robot. Musk said it is “the…
U.S. Economy Grew 5.7% In 2021, Fastest Rate Since Reagan Days
The U.S. Economy had a strong recovery from the Covid mayhem by the end of 2021 as the gross domestic product grew 5.7%. This is the fastest growth rate since…