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1067 days ago

NIO delivered strong deliveries despite chip shortage

NIO managed to deliver 7,102 vehicle in April despite the global chip shortage, a 125% increase from April last year, though a 2.1% decline from March. April was the third best month of the company, after January and March 2021. Since their beginnings, the company has delivered over 102,000 vehicles. Company executives expect the third quarter to be the most fragile due to the shortage, but things should rebound from there. 

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NIO delivered strong deliveries despite chip shortage

1070 days ago

Tech profits soared after the pandemic boost

The results are clear, the GAFAM all managed to post double or triple digit increase on their first quarter profit of 2021. 

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Tech profits soared after the pandemic boost

1070 days ago

Microsoft acquires, but prefers R&D

Microsoft recently announced it would buy healthcare software company Nuance for $20 billion, its second biggest acquisition ever. Even if they can afford such massive acquisitions, the company prefers to spend in R&D, with $64 billion invested in the last 4 years, vs $33 billion in acquisition for the same period (not including Nuance). 

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Microsoft acquires, but prefers R&D

1070 days ago

Domestic institutional Indian investors see opportunity from fleeing foreign funds

The virus resurgence has seen a $2.75 trillion equity exodus from India assets this month. Domestic institutional investors, including mutual funds and insurance companies, brought shares worth $1.3 billion this month.

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1070 days ago

Facebook is generating a little more revenue that Twitter

Facebook's  revenue vs Twitter's revenue: one must be better at advertising than the other?

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Facebook is generating a little more revenue that Twitter
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