1.JPMorgan: –JPMorgan (NYSE:JPM) reported on Wednesday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations. JPMorgan announced earnings per share of $4.5 on revenue of $33.12B. Analysts polled by Investing.com anticipated EPS of $3.06 on revenue of $30.46B. JPMorgan shares are up 21% from the beginning...
1.JPMorgan: –Investment bank JPMorgan(NYSE:JPM) recommended selling emerging market currencies on Tuesday, completing a 180-degree pivot from the start of the year when it was backing them to have a good run. After forecasts of a strong run for emerging currencies at the start of the year, many big banks...
1.Uber Technologies Inc: –They said U.S. drivers on their ride-hail platforms should take advantage of pay hikes as trip demand temporarily outstrips driver supply, but warned the windfall will not last. Uber (NYSE:UBER)’s Vice President of U.S. & Canada Mobility, Dennis Cinelli, in a blog post told drivers to...
1.KKR :-Box Inc said on Thursday private equity giant KKR & Co Inc would lead a $500 million investment in the company and get a board seat, marking an end to the cloud services provider’s strategic review. The KKR-led investment will be executed through convertible preferred stock and comes...
1.FACEBOOK :-The Federal Trade Commission and a big group of U.S. states asked a federal court on Wednesday to deny Facebook Inc)’s request to dismiss major antitrust lawsuits filed against the social media giant in December. The FTC, in its filing, said Facebook bought the photo-sharing app Instagram because...
1.BYTE DANCE –An Indian court on Tuesday dealt a blow to China’s ByteDance by dismissing its plea to unblock its bank accounts which have been frozen by federal authorities investigating alleged tax evasion. An Indian tax intelligence agency in mid-March ordered HSBC and Citibank in Mumbai to freeze accounts...
1.AMAZON – Amazon.com Inc has apologized to U.S. Representative Mark Pocan, admitting to scoring an “own goal” in its initial denial of his suggestion that its drivers were sometimes forced to urinate in bottles during their delivery rounds. “We know that drivers can and do have trouble finding restrooms...
1.GOOGLE – Microsoft Corp on Wednesday said it has won a deal to sell the U.S. Army augmented reality headsets based on its HoloLens product and backed by Azure cloud computing services. The contract could be worth up to $21.88 billion over 10 years, a Microsoft spokesman told Reuters....
1.GOOGLE – Alphabet Inc’s Google has reached licensing deals with over 600 news outlets around the world and is seeing a “huge increase” in users requesting more content from specific publications as part of a new program, it said on Wednesday. The update comes as big internet service providers...
1.GOOGLE -Google’s Maps app will start directing drivers along routes estimated to generate the lowest carbon emissions based on traffic, slopes and other factors, the company announced on Tuesday. Google, an Alphabet Inc unit, said the feature would launch later this year in the U.S. and eventually reach other...