The proposed public listing of Nubank has given a deep peek into the company’s growth as it revealed it has over 48.1 million across the countries it operates in.
The $54.6 billion valuation at the debut will position Rivian amongst the crop of electric automakers that are already in the game.
US stock market kickstarted November with record gains. Tesla continued to rally to new all-time highs surging past $1200 levels on Monday.
Tesla stock has gained approximately 201%, 71%, 70%, and 54% in the past year, YTD, three months, and one month respectively.
Harley-Davidson (HOG) saw its shares soar as high as 9.4% in the pre-market, following the announcement from the EU and the US.
Several Twitter users have been mulling of a change in the elite tech group’s name. Some users have also proposed introducing Tesla and Microsoft to this group. Netflix could be dropped.
As Jes Staley proceeds to clear his name of his connections to Jeffrey Epstein and the crimes he committed, Barclays noted that subject to regulatory approval, C.S. Venkatakrishnan will take over as the firm’s new boss with immediate effect.
The automaker’s deliveries in October included over 6000 sport sedans, 3657 G3 and G3i SUVs, as well as 437 units of the newly launched P5 smart family sedan.
Amid global economic reopening, strong demand, and fuel scarcity, Saudi Aramco finds itself in a sweet spot with its median net income shooting nearly 3 times over the last year.
Although the Exxon quarterly report shows the highest profit in years for the oil and gas giant, revenue fell short of Wall Street’s expectations.
Huawei noted that it dominated 8% of the Chinese smartphone market during the third quarter, 30% down from what the company recorded the same time last year.
Unlike Apple and Amazon, Microsoft reported its 11th straight profitable quarterly results exceeding analysts’ estimates.
The world’s largest BTC fund, Grayscale is baking on SEC approval for a spot Bitcoin ETF instead of the recently launched futures ETFs.
Insight Partners is one of Udemy’s biggest investors, and it now owns over 30% of the company’s shares after the listing.
Amazon’s e-commerce sales jumped 3% in the past year to $49.94 billion, thereby missing analysts’ estimates of $51.53 billion.