IAM Newswire

We're in for a seasonally weak period in September. Last week, Oracle Corporation (NYSE: ORCL) officially kicked off the first earnings release of the Q3 earnings season. Oracle reported results for its fiscal quarter ending in August. The reporting cycle notably ramps up this week, with 9 such...

Photo by pan xiaozhen on Unsplash Disney's (NYSE: DIS) blowout third quarter that beat expectations across the board was fueled by growth in Disney+ subscribers and parks returning to profit. But now that Walt Disney World's 50th anniversary is around the corner, things are looking even...

Photo by Markus Spiske on Unsplash The EV revolution is happening with governments and automakers going full speed ahead to combat carbon emissions with all-electric vehicles. Many players joining forces in the attempt to win the race with the power of synergy. Even the almighty Toyota Motor (NYSE...

Photo by Laurenz Heymann on Unsplash Last week, Apple (NASDAQ: AAPL) lost a court case to Fortnite creator Epic Games and was ordered to allow developers to send their app's users to outside payment systems. Opening Apple's ecosystem up to third-party payment options translates to freeing...

The enterprise software maker reported its fiscal first-quarter revenue on Monday, with its top segment, as well as hardware, missing expectations. Revenue came below expectations as Oracle Corporation (NYSE: ORCL) announced a program during the quarter to encourage customers to adopt its public...

Even the world's largest carmaker wasn't exempt from the damage caused by a virus that has been holding the world hostage for more than a year. The delta variant has outpaced Japanese automaker's efforts to deal with the chip supply crisis as Toyota Motor (NYSE: TM) has warned it will...

Reuters reported that Honda Motor Co (NYSE: HMC) and Toyota Motor Corporation (NYSE: TM), are criticizing a new proposal by Democratic lawmakers to expand tax credits for EVs, as they find it discriminating against non-union auto workers. Under the proposal, US union-made EVs would qualify for a...

The corporate earnings calendar remains very thin with probably little, if any, significance for major market movements. However, market watchers are waiting for August U.S. inflation data, which is due to be released on Tuesday, September 14th. As for the corporate world, Oracle (NYSE: ORCL)...

Lululemon Athletica's (NASDAQ: LULU) got its investors excited with its second-quarter results along with a raised 2021 outlook as its sales and margins soared. Q2 Figures For the quarter that ended in early August, the company smashed expectations in style. Adjusted earnings increased 123...

Across the globe, the auto industry is struggling with the ongoing pandemic and the supply shortage of semiconductors. Meanwhile, the demand for electric cars continues to rise, especially in the world's largest auto market. A New Era For Audi As it pivots towards the electrification era,...

On Tuesday, Ford Motor Company (NYSE: F) enjoyed seeing its stock surging after it revealed it hired former Tesla Inc (NASDAQ: TSLA) senior vice president of engineering who was also in charge of Apple Inc's (NASDAQ: AAPL) automotive venture. Doug Field will be taking over as chief advanced...

Last week, Li Auto Inc (NASDAQ: LI) posted a widened second-quarter loss as a cost of selling EVs took a toll but revenue managed to beat expectations as deliveries nearly tripled. Moreover, the automaker provided an upbeat outlook for Q3 that anticipates outselling its rival Nio Inc (NYSE: NIO)...

The EV market keeps expanding with new players joining the race and bringing many innovations such as the Canadian-based tonneau cover manufacturer and recently trading on the Nasdaq Worksport Ltd (NASDAQ: WKSP). Worksport has a new product development in store after already bringing solar...

Despite logging its first billion-dollar quarter, the stock of Zoom Video Communications (NASDAQ: ZM) fell almost 11% on Monday after the company posted a higher-than-expected earnings forecast for the full year. The revenue guidance exactly met expectations, but sales-growth rates fall to new lows...

Last week, Reuters reported that Airbnb (NASDAQ: ABNB) has offered to provide free, temporary housing to 20,000 Afghan refugees across the globe, helping its shares close up 10% after the announcement. Last Thursday, the company revealed it will allow anyone with available space to sign up to...