
Xpeng Raises $1.5 Billion via NYSE IPO, XPEV Stock Rose Over 41% on Debut Day
Xpeng (XPEV) stock price jumped over 41% at the end of the first trading day and is up 7.59% in the pre-market today.
Xpeng (XPEV) stock price jumped over 41% at the end of the first trading day and is up 7.59% in the pre-market today.
Klarna Bank released its interim report for the first half of 2020. The report indicated that the company experienced growth in some sectors despite a net loss of $59.8 million.
Amazon steps into the fitness wearables market by announcing its fitness tracker Amazon Halo Band and its smartphone subscription services. The Amazon Halo Service prioritizes more on lifestyle changes associated with individuals’ daily habits and routines.
With the new approach to inflation, the Fed aims to support the labor market and broader economy by keeping interest rates lower for a longer period of time.
Stevan Bunnel is joining the Libra Association to replace Stuart Levey as the organization’s lead counsel.
Abbott Laboratories’ coronavirus test, known as the BinaxNOW COVID-19 Ag Card, costs just $5 and provides results in 15 minutes without any lab equipment. It is highly reliable, with 97.1% sensitivity and 98.5% specificity.
Electric vehicle stocks are climbing consistently, with Tesla hitting a market cap over $400 billion, which also increased Elon Musk’s net worth.
Amazon (AMZN) stock jumped 2.85% on Wednesday but today the stock is down. The company announced that it had opened its first Amazon Fresh grocery store in Los Angeles, with many more anticipated to be opened in different places to compete with Walmart.
Details of the acquisition show that Delivery Hero which valued InstaShop at $360 million made an upfront payment of $270 million with plans underway to pay another $90 million to complete the deal.
Elon Musk has seen his net worth skyrocket in recent months as Tesla (TSLA) shares have more than tripled.
Bison Trails announced today extending of collaboration with Coinbase Custody. This integration combines Coinbase Custody’s institutional-grade offline storage solution with the Bison Trails infrastructure platform, allowing Coinbase Custody clients to seamlessly stake their DOT to Bison Trails’ validators.
Futures trading offers an abundance of possibilities for traders including leveraged trading, speculation, and the ability to create strategies that offer uncorrelated returns to the general market.
Salesforce (CRM) stock recorded a 26.04% increase yesterday to close the day trading at $272.32. The rise is highly attributed to the better than expected fiscal 2021 second-quarter results.
The SEC did not reveal the number of additional investors that the new amendment covers. However, it said it will target people with knowledge about private offerings.
TikTok U.S. general manager Vanessa Pappas will replace Kevin Mayer who served as TikTok CEO for less than three months.