Reuters reports that Mobileye Global Inc, the unit of chip maker Intel Corp, which develops self-driving systems, raised $861 million in an initial public offering (IPO) without fear of trading volatility.
Reuters reports that Mobileye Global Inc, the unit of chip maker Intel Corp, which develops self-driving systems, raised $861 million in an initial public offering (IPO) without fear of trading volatility.
In the next year, General Electric Co is likely to experience difficulties associated with a less stable operating environment, as stated by the company's Chief Executive Officer Larry Culp, who nonetheless believes his company is capable of coping with this challenging environment.
Analysts at Raymond James upgraded the AT&T stock rating from Outperform to Strong Buy and set a price target of $24 per share. The company’s upgrade of rating was caused by several reasons.
The S&P 500 Index is rising as investors await a wave of quarterly reports from major technology companies.
Due to the fact that the US dollar has fallen relative to other leading currencies, there is an increase in oil prices, although this growth is restrained by concerns about slowing growth of global fuel demand in light of weak economic data from the world's largest oil importers, including China.
The dollar rose on Monday, despite another suspicion of currency intervention by Japan.
U.S. upstream oil companies could see their free cash flows swell by 68% per barrel produced in 2022. Rising prices drive profit to grow, while production growth has remained at 4.5% year to date, as reported by Deloitte consultancy on Monday.
According to Chief Economist Paul Conway, the Reserve Bank of New Zealand (RBNZ) expects inflation to have already peaked, even though third-quarter reports showed it was higher than anyone would have expected.
The Russian ruble strengthened on Monday thanks to a favorable end-of-month tax period and the prospect of upcoming dividend payments, which also boosted equities as investors await the central bank's interest rate decision on Friday.
A software update for electric cars manufactured by Tesla Inc. was released over the weekend.