
Silicon Valley’s Agora Set to Raise $425 Million in IPO to Debut on Nasdaq
While it is generally expected that Agora in its IPO will not raise below $315 million, the maximum amount raised may turn out to be a big surprise.
While it is generally expected that Agora in its IPO will not raise below $315 million, the maximum amount raised may turn out to be a big surprise.
AWC revealed the launch of Amazon Honeycode builder. But this news did not help Amazon stock to make big gains on Wednesday. AMZN closed 1.09% down, $2734.40 per share, and is down in the pre-market.
Tesla has promised, among many other things, to create 5,000 jobs for the Texas county of Travis, as it proposes to build a new factory there. TSLA stock is down today.
Yesterday, Peloton stock closed at $54.88 per share, which marked its new all-time highest closing price. In the early trading today, PTON shares were 3.5% up. The opening price today totaled $55.98, at the moment of writing, it makes up $54.83.
Tencent stock price is moving higher and the company has good chances to be ranked as the biggest Asian company.
Facebook (FB) stock price rose slightly yesterday but was down in the pre-market today. But further growth is expected.
AstraZeneca’s COVID-19 vaccine clinical trials gave possible results. Hopes to see the speedy release of the vaccine boost AZN stock.
With the U.S. government showing the readiness to pump more stimulus in the economy, the investors are hopeful of faster recovery than expected. The latest data shows that the U.S. manufacturing contraction has slowed post the reopening of the economy in June.
A hopefully profitable move away from Intel, announced by Apple CEO Tim Cook, has pushed the company’s stock to a new all-time record high. Today in the pre-market, AAPL managed to hit $370.
JPMorgan (JPM), Texas Instruments (TXN), and Air Liquide (AI) stocks are highly cyclical businesses and best in class quality according to Latitude Investment Management CEO Freddie Lait.
Etsy stock price is rising amid the coronavirus pandemic. Facemask sales have been a core driver of this growth.
Previously underperforming DELL and VMW stocks got massive boosts as Dell considers options for its $50 billion stake in VMware. Dell stock added over 18% after hours, while VMware shares gained nearly 9%.
Both Visa and Mastercard are strong market players. And it is up to you to decide which one is a better buy now. In the long run, both seem to be a good way to invest.
Fastly (FSLY) stock prices seem on the edge of a massive rally. There are several factors that are responsible for this. FSLY is said to perform better than Zoom (ZM) stock.
The Abu Dhabi National Oil Company said it attracted significant capital from Global Infrastructure Partners, Brookfield Asset Management, GIC, Ontario Teachers’ Pension Plan Board, NH Investment & Securities and Snam.