[ad_1] Amazon said Friday that the biggest impact it faced due to the Covid-19 pandemic was in India. During the company’s earnings call on Friday, Brian T. Olsavsky, Amazon’s senior vice president and chief financial officer, said the e-commerce company was only delivering essential goods, such as groceries, cutting many …
Read More »Elon Musk stated that he is selling ‘almost all’ his physical belongings and ‘will not own a house’, and that Tesla’s stock price is ‘too high’
[ad_1] Elon Musk announced Friday that he is selling “almost all” of his physical belongings, including his homes. The billionaire CEO of Tesla added that “he will not own a house” in a tweet on Friday morning. Musk also used Twitter to continue to criticize government shutdowns amid COVID-19, adding …
Read More »Bitcoin (BTC) price in danger of another major drop after recovering from COVID-19 sell-off
[ad_1] Alex Dovbnya After recovering from the terrible coronavirus crash, Bitcoin (BTC) faces another significant drop due to its grim technical outlook Content A pullback seems imminent Can half fix this? Just days after erasing its coronavirus-driven crash, the price of Bitcoin (BTC) is already at risk. According to Bloomberg, …
Read More »Dow Falls; Trump stokes tensions between the United States and China by Investing.com
[ad_1] © Reuters. By Yasin Ebrahim Investing.com – The Dow declined on Friday, accompanied by declines in Amazon and Apple, after its earnings reports failed to meet investor expectations and new concerns about tensions between the United States and China. He fell 2.37%, the lost 2.76%, while he fell 3.07%. …
Read More »Tanks rant on Elon Musk’s Twitter Tesla’s stock price: Really, what’s up?
[ad_1] Elon Musk is portraying some of his biggest and strangest successes: manipulating Tesla’s stock price, questioning the coronavirus pandemic, and being generally chaotic on Twitter. On Friday, the South African-born businessman released a series of missives on Twitter. The declared he is selling all his possessions and his home, …
Read More »ExxonMobil Reports Its First Quarterly Loss Since 1999
[ad_1] ExxonMobil (NYSE: XOM) reported a surprise first-quarter loss on Friday as a result of strong writedowns amid falling oil prices, recording its first quarterly loss since the Exxon and Mobil merger in 1999. Exxon posted a loss of $ 610 million for the first quarter of 2020, compared to …
Read More »Tesla falls 13% after Elon Musk says stock price is “too high”
[ad_1] Ringo H.W. Chiu / Associated Press Tesla CEO Elon Musk at Friday tweeted that the stock price is too high. Tesla shares fell as much as 13%, extending previous losses. Musk also tweeted that people should be given their freedom back and share the lyrics to the US national …
Read More »India hit hardest among global markets: Amazon
[ad_1] BENGALURU: Amazon has seen the ‘biggest impact’ of the virus outbreak in India in its international markets due to the Indian government allowing the sale of essential products only through e-commerce, its chief financial officer Brian Olsavsky said during the earnings call Friday, even when Your global sales led …
Read More »Covid-19 crisis: Coal India sales fall at fastest pace in at least 6 years
[ad_1] Customer acquisition as power generators fell 25.5% to 39.06mt, the world’s largest coal miner said on Friday. Production fell 10.9% to 40.38 million tons. Reuters Updated:May 1, 2020 9:08 PM IST Image for representation. (Reuters) Chennai Coal India Ltd’s sales to customers fell by more than a quarter in …
Read More »India’s foreign exchange reserves drop $ 113 million to $ 479.45 billion: Report – business news
[ad_1] After increasing over the past few weeks, the country’s foreign exchange reserves decreased from $ 113 million to $ 479.45 billion in the week to April 24, due to a drop in foreign currency assets, according to the latest data from the Bank of the Reserve of India. In …
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