In this photo TikTok logo.

TikTok Records All-Time High Downloads of 200m in Q1, 2020 led by India

Justinas Baltrusaitis

Popular video-sharing platform TikTok continues to grow at a high rate globally based on the number of new app downloads. Data gathered by Learnbonds.com indicates that during the first quarter of 2020, the platform recorded an all-time high number of downloads at 200 million, a growth of 28.20% from the fourth quarter of 2019 when…

Apple stock

Apple beats expectations despite China disruption

Siraj Sarwar

Apple (NASDAQ: AAPL) stock price retreated despite beating iPhone revenue expectations for the second quarter as the coronavirus spread has dampened consumer demand, raising concerns that iPhone sales performance will suffer later this year. While Apple iPhone sales of $29bn in the second quarter slightly exceeded the consensus guidance of $28bn, investors reacted to a…

Record sales and lower profits at Amazon, Bezos tells investors ‘take a back seat’

Siraj Sarwar

Amazon (NASDAQ: AMZN) reported record first-quarter net sales of $75.5bn as the coronavirus lockdown boosted demand for the firm’s groceries, online marketplace and cloud computing services. But the hiring of 100,000 extra workers and new social distancing measures to protect staff helped swell operating costs at the world’s largest e-commerce retailer to $71.5bn, up from $55.3bn…

Amazon UK website among five blacklisted by US

Galina Mikova

Five of Amazon’s foreign websites were placed on a blacklist by the Trump administration this week. The giant online retaile’s e-commerce platforms in the UK, Germany, France, India and Canada have all been added to a “notorious markets” register due to “facilitating the sale of counterfeit and pirated products”. When reached for comment, Amazon said…

Elon Musk calls lockdowns ‘fascist’ as Tesla posts profit despite virus

Siraj Sarwar

Tesla’s (NASDAQ: TSLA) Elon Musk (pictured) told reporters during the post-earnings conference call that Lockdowns are “fascist” and people should be handed back their “goddamn freedom”. This clashed with the view of a rival big tech billionaire Musk wants to reopen closed manufacturing facilities, as the company added that forced shutdowns could negatively impact 2020…

How to Buy Stocks – A Beginners Guide

Tom Chen

Trading stocks is not a decision that one should take lightly. For some people, trading stocks is a profession, meaning you’ll have to acquire the trading skills and knowledge to match them up and be successful. But the same as any musician or a handyman must have the right equipment in order to function effectively,…

Starbucks boss: “Stir-crazy” Americans ready to end lockdowns

Galina Mikova

Starbucks chief executive Kevin Johnson (pictured) said Americans are going “stir-crazy” due to coronavirus lockdowns, and is confident his chain will thrive once restrictions are lifted. Johnson said:“ We have all been in our homes for six weeks, we have got a little stir-crazy. People want to get out and do something, but they want…

Gilead stock jumps after US says drug ‘can block virus’

Galina Mikova

Despite conflicting data, results from the latest trial of remdesivir shows that the antiviral speeds up recovery from coronavirus, raising hope for a new standard of care in the treatment of the disease. Gilead Sciences released preliminary results on Wednesday of the drug trial, which showed that at least 50% of patients treated with a…