Kuaishou Makes Debut with 200% Price Surge in Biggest Tech IPO since Uber
Kuaishou managed to raise $5.32 billion equivalent to 41.28 billion Hong Kong dollars in its Initial Public Offering (IPO).
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Kuaishou managed to raise $5.32 billion equivalent to 41.28 billion Hong Kong dollars in its Initial Public Offering (IPO).
Qualcomm saw impressive growth in its business segments including its handset sales, RF Front end, Automotive, and IoT which collectively represents the QCT Revenue Stream.
With the coronavirus still a threat to our normalcy, Snap stock investors remain optimistic about the company’s ability to deliver better results in the coming quarters.
Sana raised a total of $587.5 million from its Initial Public Offering after ensuring that 23.5 million shares were released into the market.
On January 27, GameStop shares reached their record closing price of $347.51. However, this upturn did not last long. As major hedge funds squared out their positions, the retail interest has dropped.
Leaders of Hyundai-Kia believe collaboration with Apple will set them on a path to accelerate their own plans of developing autonomous electric vehicles.
The performance of Deutsche Bank in the 2020 fiscal year was driven in part by the growth in the Investment Banking Unit.
During the past three months that ended in December, Spotify paying subscribers saw a huge leap to close the year on a positive note.
The integration of cryptocurrency purchase options for Bitcoin (BTC), Ethereum (ETH), and other limited altcoins has proven to be the right move for PayPal as shown in its Q4 results.
GameStop stocks have tumbled all their way down south after last week’s retail frenzy. The SEC has already started investigating the matter looking into the possible players involved in the GME price pump.
The president and CEO of First Boulevard Donald Hawkins expressed his excitement over the partnership with Visa.
As part of the agreement, the Ant Group will club all of its financial wings including blockchain and fintech arms in one holding company. Analysts note that this will, however, slow down the growth of the company.
As the Reddit-fueled frenzy slows down, investor confidence in the broader market seems to be restored again thanks to the tech giants like Amazon and Alphabet whose earnings report suggests phenomenal growth during Q4 2020.
Alphabet (GOOGL) stock enjoyed a profitable 2020 as they jumped approximately 32.77% during the year.
Pfizer raised its earnings guidance for the 2021 fiscal year noting that its revenues will range between $59.4 billion and $61.4 billion, with vaccine sales taking a prominent role in the achievement.