Ant Group Prepares for Hong Kong IPO with Strategic Restructuring
Ant Group’s IPO was halted in 2020 after the Chinese government intervened, citing rising concerns about the company’s growth and potential systemic threats to the financial industry.
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Ant Group’s IPO was halted in 2020 after the Chinese government intervened, citing rising concerns about the company’s growth and potential systemic threats to the financial industry.
The latest report marks Deutsche Bank’s 12th straight quarterly profit since it implemented a restructuring plan back in 2019.
Sundar Pichai revealed that the company was planning to use new AI models to automate some customer services.
Stellantis reaffirmed its 2023 guidance and raised its growth outlook for Europe, the Middle East, and Africa from 5% to an impressive 7%.
The merger with Banc of California is adding to the general health of PacWest stock and will help the company avoid crashing.
The impressive revenue performance was largely driven by the Microsoft Cloud segment.
In addition to the better-than-expected Q2 2023 revenue, Alphabet did better than predicted in its ad profits.
Robinhood may soon be ready to launch a UK business as it recruits a CEO and publishes vacancies for other roles.
General Motors reported strong financial results for Q2 2023, with a 52% increase in net earnings compared to the previous year. Despite potential labor stoppages, the company is optimistic about its future outlook.
Spotify’s Q2 2023 figures shows a strong quarter as its revenue and monthly active users both beat the company’s guidance.
Adidas is able to alleviate the impact of operational losses as the clearance of the massive Yeezy inventory takes turn for the good.
The changes in BlackRock’s Asia-Pacific team come amid the SEC’s decision on the future of the company’s spot Bitcoin ETF.
Apple noted that only account holders in the Apple Developer Program can apply for the Vision Pro kit, which should be returned upon request.
Armstrong said lawmakers are again looking to create crypto legislation in the US following Ripple’s court win and the increase in Bitcoin ETF applications.
Moving on from the Q1 2024 result, Vodafone reiterated its guidance for fiscal 2024.