On Friday, the Chinese group Zhejiang Geely Holding stated it entered talks with Foxconn on providing contract manufacturing services to Faraday Future, the electric vehicle maker.
Walmart is planning to expand the advertising business at US stores in a big push to challenge its rival Amazon.com, the world's biggest retailer said.
General Motors has set a target to sell its new vehicles, light pickup trucks and SUVs with zero emissions by 2035, making a dramatic announcement for the US biggest automaker to shift away from diesel and gasoline engines.
Daimler reported that solid Q4 results helped the carmaker post 2020 operating profit above expectations and make an optimistic forecast for 2021.
Visa reported a better-than-expected quarterly profit, boosted by a rise in online spending that drove the payment volumes recovery from the coronavirus-caused slump.
The US oil industry is planning to form an unusual alliance with biofuel producers and corn growers to fight Biden Administration's electric vehicle agenda, Reuters reported.
On Thursday, the British competition watchdog has begun its initial inquiry into Facebook's completed takeover of Giphy, the GIF website, as the social media giant is under regulatory scrutiny regarding antitrust concerns.
SAP-owned survey-software seller Qualtrics International raised around $1.55B in its public listing and was valued at more than $15B, according to Reuters.
On Thursday, Apple's iPhone shipments in the Q4 soared 22%, hitting a record-high level, making the US company the world's largest seller.
German consumer prices increased 1.6% in January, compared to the same period the previous year, after falling 0.7% in December, the Federal Statistics Office reports.
Shares of American Airlines increased more than 20% after the company reported lower than expected quarterly loss and was mentioned on Reddit as the potential short squeeze target.
New home sales in the US increased 1.6% in December to an annual rate of 842T units, data published by the Commerce Department show.
On Thursday, the Saudi Arabian Crown Prince Mohammed bin Salman announced that Saudi Aramco was set to launch more share sales on the back of its plans to boost the country's key sovereign wealth fund.
At the start of Thursday's US trading, American Airlines Group's shares skyrocketed 22.80%, despite the carrier's record annual loss of $8.9B, caused by lockdowns and travel restrictions amid the pandemic.
On Thursday, McDonald's disappointed Wall Street by reporting its quarterly revenue and profit below expectations, as a new wave of lockdowns across Europe hurt the company's business and affected its sales growth in the US market.
The electric carmaker Faraday Future is planning to go public via a merger deal with the blank-check company SPAC worth $3.4B, according to Reuters report.
On Thursday, European stock indices declined, as a sell off was attributed to large market participants selling of indices to cover this week's GME and AMC short losses.
Apple reported its Q4 revenue topped Wall Street's expectations with a 21% surge to $111.44B, driven by new 5G iPhones that sparked a 57% jump in China sales.
Japan's Toyota Motor beat Germany's Volkswagen in the 2020 auto sales to become the world's number one car seller, with its global sales falling 11.3% to 9.528M vehicles, compared to VW's 15.2% drop to 9.305M cars.
Tesla missed Wall Street's estimates for its Q4 profit on Wednesday and failed to present a clear outlook for its 2021 car deliveries, sending the stock down 5% in the extended trade.
On Thursday, Samsung Electronics stated it was expecting stronger chip demand and solid mobile sales in this quarter after it had brought forward the roll-out of the flagship Galaxy S phone.
Toyota Motor Corp announced that its group-wide global vehicle sales declined 11.3% to 9.528M vehicles in 2020.
Apple Inc stated that new privacy notifications will start appearing on most iPhone devices in early spring, a requirement that is likely to harm major digital firms, including Facebook.
Facebook's total revenue increased to $28.07B in the Q4 of 2020 from $21.08B in the previous year, beating analysts' estimates, thanks to higher ad spending by businesses.