Twitter Inc reported it had missed the Wall Street's forecasts for new subscribers, adding it was expecting expenses growth to accelerate in the Q4, sending its shares down 16%.
Apple reported the sharpest decline in its iPhone sales in the last two years, caused by the delay of the new iPhone 12 launch that prompted the customers to postpone buying new devices.
Alphabet's Google reported its sales growth revived, topping analysts' estimates for its Q3 as the pandemic had resumed advertising with internet's largest supplier of ads.
Exxon Mobil Corp announced on Thursday that the company would cut its global workforce by approximately 14,000 jobs.
Electronic cigarette maker Juul announced on Thursday that the company would decrease its valuation to $10 billion from $38 billion.
On Thursday, crude oil prices declined, as demand continued to decrease due to global coronavirus measures.
During Thursday's US trading hours, the Euro reached a four-week low level against the US Dollar.
Siemens agreed to sell Flender mechanical drives unit to the US buyout company Carlyle Group for €2.025B, the German engineering group stated.
Sony and OmniVision Technologies were granted US licences to resume shipping image sensors to China's Huawei Technologies, Nikkei Asia reported.
American Express announced that it invested $1B to advance gender and racial and equality, aiming to promote social justice.
Car production in the UK declined 5% to 114,732 units in September, compared to the same period the prior year, the British Society of Motor Manufacturers and Traders reports.
The US economy expanded at an annualized rate of 33.1% in the third quarter of 2020 after a slump in the previous quarter, data published by the US Commerce Department show.
Marvell Technology Group announced on Thursday it would acquire the Inphi peer in a $10B cash-and-stock deal to broaden the chip supplier's footprint in 5G network infrastructure and data centres.
The US economy showed record growth in its Q3 after the government had poured out over $3 trillion worth of the pandemic relief that boosted consumer spending, Reuters reported.
Tesla is planning to open about 52 new service centres in 2021, according to Electrek's report published on Thursday.
LVMH and Tiffany have agreed on a reduced price of $131.5 per share for the planned acquisition of the US luxury jeweller, bringing the final valuation of the deal to around $15.8B.
On Thursday, the Supervisor of the European Central Bank Kerstin af Jochnick stated that the euro zone faces a possible double dip recession due to coronavirus restrictions.
On Thursday, Nokia reduced its full-year profit outlook despite the company's quarterly underlying profit had met forecasts in its earnings under the new Chief Executive Pekka Lundmark.
J.C. Penney has signed an asset purchase deal with Simon Property Group and Brookfield Asset Management and many of the firm's first lien lenders.
China's Ant Group has halted staff and funding support for some of its overseas e-wallet partners in strategy rethink ahead of its planned listing.
Ford Motor reported a stronger-than-expected quarterly profit of $2.4B amid strong US demand for SUVs and pickups.
Visa reported lower-than-expected quarterly profit of $2.4B, as high unemployment amid the coronavirus-induced recession kept weighing on consumer spending.
CoStar Group and private equity firms GTCR, Warburg Pincus were among the bidders aiming to acquire CoreLogic, the US property data and analytics firm, sources said.
Germany's largest lender Deutsche Bank made a net profit of $213M in the third quarter of 2020, a statement published by the bank shows.