Tencent Holdings Ltd. WeChat app will be displayed in the App Store on a smartphone in an arranged photo taken in Arlington, Virginia, on Friday, August 7, 2020. Andrew Harrer | Bloomberg | Getty Images Tencent on Wednesday reported results for the three months to end-June that beat analyst expectations …
Read More »Largest wind turbine maker Fewer in the world hit record highs as US demand sells
Text size Getty Images Vestas Wind Systems‘s stock hit record highs on Tuesday as strong demand in the US for wind turbines in the second quarter drove upward sales. The world’s largest wind turbine manufacturer restored its lead year-on-year as sales rose to € 3.5 billion – a 67% increase …
Read More »Tesla, Eastman Kodak, Shutterstock and more
Tesla Motors CEO Elon Musk responds to the company’s first public offering on the NASDAQ market in New York June 29, 2010 Brendan McDermid | Reuters Check out the companies that make headlines around the clock: Tesla – The electric automaker jumped 7% in trading after hours after announcing a …
Read More »Cisco revenue to show how coronavirus affects small and large businesses differently
Cisco Systems Inc. will expect to benefit from technical expenditures of large companies despite the COVID-19 pandemic, but the struggle of smaller companies could take its toll. Cisco CSCO, -1.13% is scheduled to report fourth-quarter fiscal revenue on Wednesday afternoon, always a crucial barometer for IT spending, which turned out …
Read More »NIO Beat expectations about profit. Here’s why his forehead falls.
Text size NIO sells its electric cars only in China. Greg Baker / AFP via Getty Images Shares in Chinese electric car maker NIO fell Tuesday morning after the company reported second-quarter sales that were better than expected. Despite the reaction, the report is another good data point for the …
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