The Biden administration will leave the retail stock surge to financial market regulators at the US Securities and Exchange Commission, the White House spokeswoman Jen Psaki said on Friday.
France's GDP declined 8.3% in 2020, as the COVID-19 epidemic took a toll on economic activities, the INSEE stated on Friday.
Revenues of SAP decreased 1% year-over-year to €27.34B in the past fiscal year, the German software giant stated.
Three BlackBerry executives, including the CFO, sold $1.7M of the company's stock this month, as the share price peaked, filings with securities regulators revealed.
On Friday, SoftBank Group's CEO Masayoshi Son stated he was expecting mass production of driverless cars to in about two years, adding he would continue to invest in AI tech giants.
On Friday, Toyota Motor revealed its research unit Woven Planet will deliver the world's safest drive amid rising competition for the connected and self-driving car development.
On Friday, UK competition regulator stated it had launched a probe into Uber's acquisition of the British tech company Autocab that was deemed to substantially cut competition in the market.
On Friday, Johnson & Johnson announced the company's COVID-19 vaccine was nearly 66% effective in the large global trial.
US consumer spending plunged for the second consecutive month in December due to resumed business restrictions to curb the coronavirus spread and expiration of the benefits for unemployed American citizens.
Morgan Stanley's E-Trade platform was hit by an outage late on Thursday, joining several trading websites, including Robinhood, which were experiencing technical issues after the GameStop-linked stock market frenzy.
China's smartphone shipments dropped as much as 4% in the Q4, as deliveries at Huawei Technologies tumbled amid US sanctions imposed against the Chinese company's component and chip suppliers.
On Friday, the price for Bitcoin surged almost 14%, as the CEO of Tesla Elon Musk tagged it in his online Twitter biography.
Roblox Corp has delayed its plans for a public listing due to the US SEC scrutiny over how the company recognises its finances revenue, Reuters reported on Thursday.
On Friday, London Stock Exchange announced it had finalised its $27B deal to acquire data provider Refinitiv.
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.