General Motors investors are arguably betting big on the company’s stock as the firm is set to spinoff about five new products beginning from this year.
Investors have been waiting on the sidelines with the impeachment developments of President Donald Trump as well as on the hope of the next stimulus package announcement by upcoming President Joe Biden.
The move of MicroBT to go public in the United States will be a big win for the ambitious company amid the growing demand and the ongoing rise in the adoption of Bitcoin by institutional investors.
Bob Swan will be stepping down two years after his promotion to the CEO position. The latest decision of ouster comes as Intel has been lagging behind in rolling out its next-generation chips and losing ground to its competitors.
GameStop seeks to increase its e-commerce sales away from physical stores in the coming quarters.
Airbnb saw its market valuation surge above $100 billion for the first time ever.
Within the IPO, Affirm has offered 24,600,000 shares of its Class A common stock. The offering will close on January 15.
Engaging an app with a wide reach like Uber to the initiative could help counter the negative impact of the misinformation.
Tesla is planning to expand its operations in Asia’s second-largest economy and has already registered an office in India. The company is likely to start manufacturing its cars already in 2021.
The Chairman of Foxconn Technology Group stated that the partnership aligns with the company’s visions and reemphasizing the leading position Foxconn holds in today’s technology ecosystem.
Despite his exposure to the potentials inherent in cryptocurrencies, many people are divided on the probable approach of Gary Gensler if he is finally affirmed as the new boss of the Securities and Exchange Commission.
The Checkout.com Series C funding was led by Tiger Global Management.
General Motors is accelerating the development of all-electric vans produced by its new business unit BrightDrop. On the other hand, the company has also revealed its ambitions to bring flying car taxis into the market.
On key earnings and sales metrics, GE stock earned a poor EPS Rating of 11 out of 99. However, the stock still has strong, rising institutional support. Therefore, some experts recommend considering investing in GE stock instead of buying Bitcoin.
As per Zoom, the offering is “subject to market and other conditions, and there can be no assurances as to whether or when the proposed offering may be completed.”