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).
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.
Spotify shares added 57.04% year to date, jumping around 4.25% in the past three months.
As analysts predict, General Electric’s full-year cash burn will total about $2 billion, which means $1 billion in positive free cash flow over the second half of the year.
The Dow Jones Industrial Average rose 36.78 points, or 0.13%, to 28,032.38 yesterday. However, the index has now dropped 1.77% YTD.
Shares of Snowflake, a cloud data warehousing firm that has the backing of Salesforce and Warren Buffett’s Berkshire Hathaway, more than doubled on their first day of trading in the biggest software IPO ever.
Shortly after reaching its all-time high, Nasdaq steps into the AML sector as it launched AI technology to detect money laundering.