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.
Levi Strauss & Co reported that its quarterly revenue grew 34% in the quarter amid higher online sales, including sales through third-party apps and websites.
The world's biggest asset manager BlackRock could gain nearly $2.4B on the investment in GameStop, owning about 9.2M shares, or almost 13% stake, Reuters reported.
BMW's free cash flow was better-than-expected at about €3.4B in the core automotive division, the carmaker stated, citing good cost management and recoveries in many markets.
Google's iPhone apps, such as YouTube and Maps, are set to stop using a tool for ads personalisation to avoid a new Apple warning that user's browsing was tracked.
Boeing's 737 MAX jets are safe to return to the service in Europe, according to the EASA statement, lifting a two-year flight ban following two deadly crashes involving the jets.
The truck manufacturer Navistar International is set to collaborate with the US carmaker General Motors and others over the development of a hydrogen fuel-cell commercial truck, it stated on Wednesday.
Wall Street is still expecting a near-record iPhone quarterly sales, despite Apple shut down some of its stores and postponed the iPhone debut for a few weeks due to the coronavirus pandemic.
On Wednesday, JPMorgan announced it would join the British online banking chain by launching UK digital consumer bank under the Chase brand in coming months.
At the start of Wednesday's US trading, Microsoft shares rose 2.33% due to the tech giant's earnings report results, driven by solid Xbox and cloud computing sales.
On Wednesday, Boeing reported a record $12B annual loss as the jet maker postponed its new 777X aircraft again as well as booked a $6.5B charge for this programme.
On Wednesday, LVMH's shares surged as much as 1.3% on the French luxury goods giant's report showing solid fourth-quarter results.