With robust earnings, Nike sees itself at a “much stronger competitive position” from the pre-pandemic levels. Strong demand picking up in North America has helped Nike to overcome the slowdown due to supply chain disruptions.
Oracle intends to expand Cerner’s businesses across many countries globally.
Moderna has come under fire in recent times as many countries in Europe are boycotting its vaccine for that of Pfizer.
When GBTC began experiencing discounts of over 20% in October 2021, it filed for a formal application with the US SEC for a possible conversion of the product.
Prominent Chinese AI firm company SenseTime relaunches its $767M Hong Kong IPO with the exclusion of US investors.
The spread of Omicron variant combined with the Fed’s tapering measures have put pressure on stocks leading to major sell-offs over the last week.
The relentless spread of the Omicron variant has adversely impacted European and Asian markets, even oil prices too.
The Bitwise NFT Index fund is arguably the very first of its kind as the company seeks to bolster its presence as a reliable outfit that offers both retail and institutional investors an alternative avenue to partake in the ongoing cryptocurrency revolution.
Private equity firm TPG states that it specializes in “growth themed companies” and has been investing actively in the entertainment, media, and technology space in recent years.
Offshore creditors whom China Evergrande owes over $19 billion are arguably going to be the last to be paid off, whenever the firm has the capacity to do so.
The Adobe stock faced a major sell-off on Thursday as the company’s projections for the first fiscal quarter of 2022 stood below the analysts’ estimates.
Apple stock is up by 31% year to date and is gradually inching towards new highs.
While many may maintain the stance that they do not know what is next for crude oil, OPEC+ is stepping up its responsiveness and is ready to meet to make any necessary adjustments to oil supply.
Jerome Powell says that crypto does nothing to impede financial balance but still advocates for proper regulation of the sector.
Reddit did not reveal how many shares it will offer and the price range for the offering. But it said that the IPO will take place after the SEC completes its review process, subject to market and other conditions.