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Amazon, Alphabet, and Apple report strong earnings; Netflix raises prices for standard and premium plans; ExxonMobil reduces global workforce by 15%; Hurricane Zeta leaves millions without power; Simran Sandhu reports.
Gilead Sciences reports strong earnings from Remdesivir; UPS experience surge in profits due to increased demand for online shopping; All major indexes are on pace for worst week since March 20th; Simran Sandhu reports.
Microsoft reports strong revenue growth from cloud and gaming services; Caterpillar and 3M experience challenges across business units; Topgolf merges with Callaway Golf; Advanced Micro Devices acquires Xilinx in a $35 billion deal; Simran Sandhu reports.
Bayer AG seeks to acquire AskBio for up to $4 billion; Dunkin' Brand Group plans potential sale to Inspire Brands; Facebook enters the cloud gaming space; Stocks struggle due to surging Coronavirus cases; Simran Sandhu reports
Surge in internet usage leads to widespread additional fees; Automakers face difficulty in supplying enough cars to meet high demand; French government forces Microsoft to not share data with US; Blackstone Group reaches $1.2 billion deal with Brookfield Asset Management; Simran Sandhu reports.
Interview with John Dahl. Simran Sandhu reports.
WhatsApp explores new monetization opportunities; AT&T experiences rapid growth in streaming and wireless services; Barbie sales up to highest level in 20 years; U.S. economic data improves; Simran Sandhu reports.
Coronavirus infections rise dramatically; Purdue Pharma pleads guilty and will pay $8 billion+ settlement; Tesla and Chipotle perform strong earnings; Simran Sandhu reports.
IBM looks to double sales from their software acquisition, Red Hat; Netflix reports slower subscriber growth; Snapchat exceeds analyst expectations after reporting significant earnings growth; Goldman Sachs forced to pay $2.8 billion fine; Simran Sandhu reports.
Fewer people have at least 1 bank account; Automakers face challenges with electric batteries; Intel nears $10 billion deal to sell memory-chip unit; Recent study suggests that apprenticeships lead to higher incomes; Simran Sandhu reports.
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