JDE Peet’s is the largest IPO that’s been filed in the region this year, followed by the March flotation of Saudi eponymous health care company in Tadawul for $699 million.
Auto manufacturing giant Daimler plans to invest $480 million in Farasis IPO to produce batteries for use in electric cars. DAI stock is up today.
Apple (AAPL) stock is up 1.50 % in the pre-market to trade at $324. The company is expected to release a larger iPhone 12 Pro later this year if the production line is not affected by coronavirus disruption.
American biotech company Novavax said it had started the first human study of its experimental coronavirus vaccine, with initial results on safety and immune responses expected in July. The U.S. futures positively reacted to the news.
In March, when the coronavirus pandemic was most widely unwrapping, some experts said it was time to buy FAANG stocks. And as we see now, they were right.
Regeneron Pharmaceuticals is going to repurchase $5B of its shares from Sanofi without changing their over-a-decade-long partnership as the race for coronavirus vaccine development intensifies.
Activision Blizzard (ATVI) stock attracts investors and its price may go up as “Call Of Duty: Modern Warfare” is the best-selling game in 2020 so far.
Airfox, a Boston based fintech company, was acquired by the Brazilian retailer Via Varejo. Two years ago the companies worked together on an online bank application banQi that shows a rise in the user number amid the coronavirus pandemic.
Alibaba (BABA) stock price is down as the e-commerce giant expects that its revenue growth will slow this year due to the coronavirus pandemic.
National carrier Lufthansa will receive a 9 billion Euro coronavirus palliative from the German government to help cushion the economic impacts of the novel pandemic.
A cybersecurity firm Under the Breach reported that Ethereum forum hacker is now selling the databases of Trezor, Ledger, and BnkToTheFuture. However, Trezor and Ledger claim that their systems are secure but have taken the matter seriously.
Aston Martin (AML) stock price is falling. Meanwhile, the company has indicated that its CEO Andy Palmer is leaving and Tobias Moers, CEO of Mercedes-AMG, will replace him.
Tesla (TSLA) stock price was slightly down on Friday. Tesla has asked the Chinese government for approval to build Model 3 cars in the country with LFP batteries.
While AMD accelerates its developments shows its preparation in making the next-generation CPU and GPU chips, the company’s financials also indicate a strong position. AMD stock is up.
Facebook (FB) stock has been in the green lately. On Friday, it hit a new all-time high at the close, ending the session at $234.91.