Ant Group had anticipated raising up to $35 billion in a dual listing in Hong Kong and Shanghai stock exchanges.
As part of the deal, $56 per share will be paid to Aerojet Rocketdyne. Also, after the pre-closing special dividends have been paid by the company, Lockheed will only pay $51 per share as the purchase price.
As Tesla prepares to make an entry to the S&P 500 index later today, here’s how it will impact the index movements.
The ongoing Brexit trade negotiations hit another deadlock further contributing to the decline seen in the British Pound Sterling.
Tesla stock closed at $695 on Friday which shows a 5.96% growth.
Despite recording constant gains over the last twelve months, SPCE has dropped over 20% in the last five days.
While Chinese firms eventually become successful trading in US markets after making their public debuts, some firms underperform with even getting kicked out due to one scandal or another.
Bank of America predicts that Alphabet will experience better stock recovery than its FAANG peer Facebook in 2021.
Many market analysts believe that the addition of Tesla to the S&P 500 may signal the beginning of the end of the TSLA bubble.
There are lots of factors that can drive FAANG and other tech shares in 2021. The most interesting of them include developments in gaming, cybersecurity, 5G, edge computing, and data analytics.
The shares of Alphabet Inc fell after the Attorney Generals are asking the court at least to restrict or stop the search engine giant Google from engaging in anti-competitive practices.
Morgan Stanley has asked investors not to make any fresh entry in MRNA stock citing potential downside in the short-term. Moderna is having a meeting with the FDA officials later today for approval of its COVID-19 vaccine candidate.
After a critical analysis, Zacks Rank gave Tesla shares a ‘Hold’ rating, citing notable fundamentals that are yet to materialize.
On Wednesday, TWTR stock price surged past $55 levels for the first time since October 2014. JPMorgan expects Twitter’s advertising revenue to surge by 20% in 2021 and thus has updated the stock price.
Bitcoin mining stocks shined bright soon after the BTC price crossed $20,000 levels on Wednesday. Bitcoin has surged over 20% in the last 24 hours and has moved past $23,500 levels hitting a new all-time high.