After Rolls-Royce confirmed plans to raise £2.25 billion ($3.23 billion) through an equity issue, shares fell over 7%. RR is currently down 14%.
In a leaked email from Tesla CEO Elon Musk to company employees, the billionaire CEO has asked to accelerate the deliveries to register another record deliveries in Q3 2020.
In a massive revelation, the Deutsche Bank reportedly allowed suspicious transactions worth $1.3 trillion in the period between 1999 and 2017 that have been flagged by the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN).
The implication of the WeChat ban largely implied that U.S. businesses cannot transact or do any business with this social messaging app.
Despite President Trump’s assertions of U.S. companies to have complete control over TikTok operations, the parent company ByteDance confirmed that it will have 80% control on TikTok Global operations. Oracle gets 12.5% and Walmart 7.5%.
Two exchanges, Poloniex and KuCoin, thatare known to be rivals on the market have taken a decision to become partners. They intend to co-invest in researching and to explore new industry opportunities together.
Since the 2008 Visa IPO, Snowflake has so far made the largest “money left on the table”.
The news about the victory in the lawsuit filed 2 years ago has pushed the price of Tesla (TSLA) stock higher.
Amid recent expansions, Apple has announced the commencement of its first online store in India on the 23rd of September. AAPL stock is up less than 1% in the pre-market trading.
Facebook shares reached their all-time high of $304.67 during the pandemic. However, yesterday the FB stock price went down.
According to BlackRock CEO Larry Fink, the company may never again have 100% office attendance. Fink thinks that the company will support 60-70% of its employees on a rotational basis.
The Dow Jones dipped by 130 points as tech stocks plummeted during the Thursday’s volatile trading session. Pharmaceutical stocks are doing better these days.
Herman Miller shares closed Thursday trading at $34.55 and were approximately 0.72% up during Friday’s pre-market. The company’s market capitalization is around $1.52 billion.
Moderna COVID-19 vaccine candidate dubbed mRNA-1273 has entered its late-stage trials. The company noted that as of Wednesday, September 16, 2020, about 25,296 participants have been enrolled.
For ChargePoint, a reverse merger is an attractive opportunity to go public and a good strategic option. According to internal sources, the deal could value the company at over $2 billion.