stocks

Ford’s stock was lifted by over 5% yesterday as it looks to lead the way to a conversion to electric vehicles. Ford released its September sales report, and said that its EV offerings are gaining new customers at a higher rate than the…
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PepsiCo raised its full-year forecast after its latest quarterly earnings and revenue topped analysts’ expectations. This came despite higher costs and recent problems in the supply chain, as shares rose less than 1% in early trading.…
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Facebook’s stock took a dive as the site suffered one of its worst outages of the past decade. Services across its entire suite of products went offline as the stock ended yesterday down nearly 5%, losing over $6bn. Some users have…
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A former Facebook whistleblower responsible for a series of bombshell leaks has revealed her identity. Revelations included documents showing that the company treated celebrities, politicians, and high-profile Facebook users differently.…
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The takeover battle for supermarket chain Morrisons will be settled by an auction process. US private equity firm CD&R is vying with Fortress Investment Group for control of the grocer. Tesco has warned that the recent panic buying…
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Amazon unveiled a host of devices at a live-streamed media event yesterday. The company showed off a handful of new Amazon-branded products, including an Echo device and a new robot equipped with cameras named Astro. Apple iPhone…
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Ford has announced a major investment in electric vehicle production in the US. Under the $11.4bn plan, the carmaker said it will build zero-emission cars and pickups at scale, creating 11,000 jobs. Tesla stock jumped 2.5% as they…
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US sportswear giant Nike and US retail giant Costco both say they are facing product shortages and delays due to global supply chain problems. Nike said production and delivery of its merchandise would be impacted until next spring, as…
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The closure of some petrol stations has reignited a row over lorry driver shortages in the UK. While the UK does not lack petrol and diesel at refineries, getting it to forecourts has been a problem in some areas. Oil giant Royal…
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Boeing is being called out by Ryanair, one of its major customers, for not selling its jets more cheaply. So far Boeing is standing fast and refusing to meet Ryanair's price demand, despite the sales hit over the last two years. CEO…
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