ASML, the Dutch lithography systems provider for the semiconductor industry, has seen its share price rise sharply by over 80% this year. Since January, the stock has risen from under $500 to nearly $900 in September. After a small correction at the beginning of October to almost $700, the stock is now back at around…
Unity Software Inc. (trading as Unity Technologies) is a U.S. video game software development company based in San Francisco. Unity Technologies was founded in Copenhagen in 2004 by Icelander David Helgason, Dane Nicholas Francis and German Joachim Ante under the name Over the Edge and renamed Unity Technologies in 2007. Unity Technologies is best known…
Last Tuesday, Lemonade Inc. The business figures from the 3rd quarter of this year are known. The insurance company, which aims to use artificial intelligence and machine learning to reshape the insurance market, saw its revenue rise 101% year-on-year to $35.7 million, beating estimates by $2.3 million. Net loss increased from $30.9 million to $66.4…
The Siemens share is trading significantly higher today. This is because the Group is exceeding its own forecast and is preparing to divest further Group units. The group increased its net income by 59 percent last year. This brings the total to EUR 6.7 billion, which is significantly higher than the expectation raised in the…
The world-renowned ride-hailing company Uber recently released its financials from the third quarter of this year. Uber reported a 72 percent year-over-year increase in revenue to $4.8 billion after the U.S. stock market closed in San Francisco. The main business with driving services, which had almost come to a standstill at times during the pandemic,…
Ford, the second-largest U.S. automaker, posted better-than-expected third-quarter results and raised its profit targets despite the global chip crisis. Ford Motor Company, headquartered in Dearborn, USA, is the world’s sixth largest automaker after Toyota, Volkswagen, General Motors, Hyundai and Stellantis. Ford’s 2020 revenue was $127.1 billion and it reported a profit of $4.8 billion. Full-year…
Following news from Pfizer on Friday, several pharmaceutical companies were among the significant losers on Friday. BioNTech was one of them. Biontech SE is a German biotechnology company based in Mainz that has been listed on the stock exchange since the end of 2019. It is focused on the development and manufacture of active immunotherapies…
The stock of Paypal, the popular payment service provider for online shopping, has been in a strong downtrend since the summer. Since the high in July, the company’s stock has lost over 25%, falling from over $260 to $195. Among the culprits were the reports of a Pinterest acquisition that emerged and then were denied…
Deutsche Post was again able to increase its forecasts for 2021 and 2023. Deutsche Post AG, headquartered in Bonn, is a listed logistics and postal company that emerged from the former Deutsche Bundespost authority in 1995. The Group has been operating under the name “Deutsche Post DHL Group” since 2015, previously as “Deutsche Post DHL”…
TaskUs is an international company that provides outsourcing solutions to more than 100 clients in e-commerce, social media, gaming, ridesharing, FinTech, HealthTech and other industries. High customer and employee satisfaction, automation of consumer support services and relocation of offices to lower income countries, has helped TaskUs achieve a CAGR of 60% during 2017-2020. The company…
