Lucid Motors has strategically partnered with Churchill Capital IV in an effort to go public. Sources close to the matter revealed that Churchill Capital IV plans to raise around $1B and the deal could be announced this month.
Wedbush noted the probability of less than 5% that public companies will adopt BTC over the coming 12 to 18 months.
The Wedbush analyst has positively rated Microsoft shares for the past 2 years. During this period, the tech company has had a one-year high of $245.92 and a one-year low of $132.52.
Notably, the World Health Organization has approved two different versions of the AstraZeneca vaccine that were found out to be approximately 63% effective.
JLR revealed that it would spend about $3.5 billion yearly on electrification technologies. The cost would also cover developing connected vehicle services.
In the new proposed law, Uber envisions an ecosystem that offers an “industry-wide level playing field” and sets a “consistent earnings baseline” for workers across different platforms.
The Paris-based company Vivendi stated that its board had set a “minimum target of €30bn” of valuation for Universal Music.
The last days were not very successful for the FAANG stocks, however, Google and Netflix enjoyed some gains.
Economies all over the world are beginning to recover. Asia seems to be leading the world. For Japan’s Nikkei 225 in particular, reaching a major milestone, topping 30,000, a first in over 3 decades.
Over 260 million Rolls-Royce preferred shares exchanged hands on Friday.
ING said that it is working on its loan provisioning as the provisions for bad loans dropped 51%. The slowdown in the economic activity also affected the bank’s total lending business.
The entire business model of Virgin Galactic is ambitious, as the company is working hard to make space travels a reality, not just for astronauts, but also for every global citizen.
Interestingly, Disney (DIS) stock jumped approximately 35% last year despite the coronavirus crisis.
The boost the shares of Bumble (BMBL) received on their public debut day comes amid the company’s plans to take the business globally.
CEO Dan Schulman noted that the volume of crypto transactions on PayPal exceeded expectations.