Netflix released its fourth-quarter results after the stock market bell on Thursday. Read more.
Tags : european markets
Ford Motor's market value surpassed $100 billion for the first time as the automaker's stock hit a new 52-week high Thursday.
It has been called "the most scrutinised transport plane in history," but some critics believe Boeing's 737 Max is still not safe. Read more.
Ford Motor and Rivian no longer plan to jointly develop an electric vehicle, the companies confirmed Friday. The two companies had originally announced plans to develop a joint vehicle when the automaker invested $500 million in Rivian in 2019. Read more.
Alibaba on Thursday missed revenue and profit expectations for the September quarter as slowing economic growth in China weighed on results, adding to regulatory headwinds. Read more.
Royal Dutch Shell has announced plans to move its headquarters to the UK as part of proposals to simplify its corporate structure. The oil giant will ask its shareholders to vote on moving its tax headquarters from the Netherlands to the UK. It also wants to ditch its dual share structure in favour of a single class of shares to "increase the speed and flexibility" of distributions to shareholders. Read more.
Shares in electric vehicle maker Rivian will trade in New York later today after raising around $10.5bn (£7.75bn) from investors. According to media reports, the shares were trading at $78 apiece. This would make it the largest initial public offering by a US company since Facebook's initial public offering (IPO) in 2012, even though Rivian only started delivering its first electric pick-ups to customers in September. Read more.
Coca-Cola announced Monday that it has acquired full control of sports drink maker Bodyarmor for $5.6 billion. This makes it the company's largest brand acquisition to date. Read more.
Tesla reported third-quarter results after the bell Wednesday, posting record sales and profits. The company reported net income of $1.62 billion (GAAP) for the quarter, topping the $1 billion mark for the second time. Read more.
Shares of Netflix fell about 1% in after-hours trading Tuesday after the company reported its third-quarter results, showing investors that the streaming service continues to add subscribers. Read more.
Facebook plans to create 10,000 jobs in the European Union over the next five years to build a digital world known as the "Metaverse". Read more.
Boeing reported an eighth straight month of net aeroplane sales on Tuesday, but deliveries of its Dreamliner planes remain suspended as they undergo quality checks. Read more.