Latest Articles
Sweden’s Payments Firm Trustly Planning $11 Billion IPO
By Darya Rudz
• 3 mins read
Trustly’s parent company, Nordic Capital, is working with Goldman Sachs, JPMorgan Chase, and Carnegie on the IPO. Besides, it is reportedly in the process of hiring more banks to launch the IPO in late April or early May.
UAL Stock Plunges 2% in Pre-market, United Airlines Suffers Huge Q4 2020 Loss
By Darya Rudz
• 3 mins read
In 2021, United Airlines is going to focus on preparing for a recovery. It targets to fully get back to normal by 2023.
Virgin Galactic (SPCE) Stock Soars 20% After ARK Investment Files for Space ETF
By Darya Rudz
• 3 mins read
According to ARK Investment’s SEC filing, its Space Exploration ETF will focus on companies that are “leading, enabling, or benefitting from technologically enabled products and/or services that occur beyond the surface of the Earth.”
GM Stock Hits Record $50 on General Motors Electric Vehicle Push
By Darya Rudz
• 3 mins read
Following all the announcements made at the CES event, General Motors stock rocketed. On Thursday, it hit a new record close, topping $50.
Affirm Raises $1.2B in IPO, AFRM Stock Soars 98% on First Trading Day
By Darya Rudz
• 3 mins read
Within the IPO, Affirm has offered 24,600,000 shares of its Class A common stock. The offering will close on January 15.
General Electric (GE) Stock vs Bitcoin: What Is to Invest?
By Darya Rudz
• 3 mins read
On key earnings and sales metrics, GE stock earned a poor EPS Rating of 11 out of 99. However, the stock still has strong, rising institutional support. Therefore, some experts recommend considering investing in GE stock instead of buying Bitcoin.
ZM Stock Up 5.66%, Zoom Targets to Raise $1.5B in Secondary Share Sale
By Darya Rudz
• 3 mins read
As per Zoom, the offering is “subject to market and other conditions, and there can be no assurances as to whether or when the proposed offering may be completed.”
Eli Lilly and Co Stock Rises 11% as Experimental Alzheimer’s Drug Slows Rate of Decline in Trial
By Darya Rudz
• 3 mins read
The next step will be a trial with 500 patients included. Eli Lilly and Co is planning to replicate the results and continue to research the drug’s effectiveness.
Nio Launches Its New Electric Sedan Model to Compete with Tesla
By Darya Rudz
• 3 mins read
With a new electric sedan, Nio seems to take on Tesla that has just started selling its Model Y vehicles from its Shanghai factory. However, Nio itself says their main rivals are BMW’s X3 and Audi’s Q5 sports utility vehicles.
Analysts’ Prognosis on FAANG Stocks in 2021: Will Their Rally Continue or Will They Lag Behind?
By Darya Rudz
• 3 mins read
In 2021, analysts are mostly betting on coronavirus vaccine stocks. Besides, they believe in Tesla that advanced 743%, Nvidia which climbed almost 122%, and PayPal that gained 116.5%.