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Saudi Aramco's profit plunges 73 percent _ Jeff Bezos sold $ 3 billion worth of Amazon stock
- 2020-08-11
- News
Saudi Aramco's second-quarter net profit fell 73% as the Covid-19 outbreak crippled global crude demand. The company's net profit fell to 24.6 billion riyals ($6.6 billion) in the quarter ended June 30. In the same quarter last year, it was 92.6 billion riyals ($24.7 billion). Saudi Aramco also said that in the first half of this year, the company's net profit fell by 50% to 87.1 billion riyals ($23.2 billion) from 175.9 billion riyals ($46.9 billion) last year.
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China's Huawei is now the largest smartphone maker in the world
- 2020-08-08
- News
Huawei overtook Samsung and Apple in the second quarter of 2020 to become the world's largest smartphone maker for the first time. The latest Canalys report showed that most sales came from China while its international business suffers as a result of US sanctions. The Chinese company sold 55.8 million smartphones, down 5% from a year earlier.
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Apple is now the world's most valuable company, dethroning Saudi Aramco _ The Cost of the Bitcoin Exceeded $ 12,000, hitting 1-year high
- 2020-08-04
- News
Apple inc's surged over 10% to a record high on Friday. The company reported the best results in the last quarter. Thus, the iPhone maker has overtaken Saudi Aramco to become the world's most valuable publicly listed company. Apple's stock is currently at $ 425.04 and has a market capitalization of $ 1.82 trillion. Apple shares rose the most on Friday, March 13, adding $ 172 billion to its market capitalization.
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Amazon posts biggest profit ever at the height of the Covid-19 pandemic in U.S.
- 2020-08-01
- News
Amazon has posted the biggest profit in its 26-year history. The company's online sales and lucrative business in support of third-party merchants have increased during the Coronavirus pandemic. Shares of Amazon, the world's largest online retailer, rose 5 %. While traditional retailers have been forced to close their stores due to government-imposed lockdowns, Amazon has hired 175,000 people in recent months and demand for its services has increased. Amazon said revenue was up 40% from last year to $ 88.9 billion.
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Amazon.com, Inc
- 2020-07-31
- Traiding Idea
Amazon.com, Inc. today announced financial results for its second quarter ended June 30, 2020. After the announcement of this report, the company's shares have risen very well. Technically, the price has broken the triangle in the 4-hour time frame and has done its pullback.
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Best Buy Co, Inc
- 2020-07-28
- Traiding Idea
Best Buy Co, Inc. is an American multinational consumer electronics retailer. The price has just broken the channel and has the potential to move up. It is also being squeezed into an ascending triangle in the 1H time frame. By breaking the upper trend line of the triangle, we can enter the position.
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Bezos, beware! Elon Musk became the fifth richest man in the world
- 2020-07-22
- Traiding Idea
Bezos, beware! Elon Musk became the fifth richest man in the world The net worth of Elon Musk, CEO of Tesla and SpaceX, exceeded $ 74 billion today. According to the Forbes' billionaires list, Elon Musk's fortune has almost tripled since mid-March, making him the fifth richest man in the world.
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BlackRock, Inc
- 2020-07-20
- Traiding Idea
BlackRock, Inc. is an American global investment management corporation. The company performs well fundamentally. Technically, it has broken a channel in the weekly timeframe, and in H4 it is pulling back into the ascending triangle. We are waiting for the completion of the pullback.
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