International Business

Google Parent Alphabet Profit Soars To Over $18 Billion

Google Parent Alphabet Profit Soars To Over $18 Billion

Agence France-Presse | Wednesday October 27, 2021

Google's parent company Alphabet announced profits on Tuesday that jumped to $18.9 billion, even as the online colossus faces increased regulatory pressure and shifting of the lockdown lifestyles that have so benefited Big Tech.

HSBC Surprises With 74% Rise In Q3 Profit And $2 Billion Buyback

HSBC Surprises With 74% Rise In Q3 Profit And $2 Billion Buyback

Reuters | Monday October 25, 2021

HSBC Holdings reported a surprise 74% rise in third quarter profit as concerns about pandemic-related bad loan receded, allowing it to announce a share buyback of $2 billion.

Walmart Allowing Some Shoppers To Buy Bitcoin At Coinstar Kiosks

Walmart Allowing Some Shoppers To Buy Bitcoin At Coinstar Kiosks

Reuters | Friday October 22, 2021

Walmart Inc said on Thursday customers at some of its U.S. stores will be able to purchase bitcoin using ATM-like machines installed by Coinstar.

Stocks Rise, S&P 500 Hits Record; U.S. 10-Year Yield Jumps

Stocks Rise, S&P 500 Hits Record; U.S. 10-Year Yield Jumps

Reuters | Friday October 22, 2021

Global stock indexes mostly climbed and the S&P 500 posted a record closing high on Thursday, helped by gains in consumer discretionary and technology shares, while U.S. Treasury yields jumped.

Tesla Beats Q3 Revenue Estimates But Supply-Chain Problems Impacting Factories

Tesla Beats Q3 Revenue Estimates But Supply-Chain Problems Impacting Factories

Reuters | Thursday October 21, 2021

Tesla Inc on Wednesday beat Wall Street expectations for third-quarter revenue on the back of record deliveries as the electric car maker navigated through a prolonged global shortage of chips and raw materials.