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After raising $3.7 billion for 5 SPACs in 2020, investor Chamath Palihapitiya has reportedly confidentially filed for 7 more with the SEC
Chamath Palihapitiya's enthusiasm for SPACs may run even deeper than his Wall Street disciples and social media foll.....»»
David Tepper is reportedly buying a $73 million mansion in Palm Beach as Wall Street billionaires continue to flock to Florida
Tepper, the founder of hedge fund Appaloosa Management and owner of the Carolina Panthers, is worth $12.9 billion. David Tepper. Scott Cunningham/Getty Images Hedge fund billionaire David Tepper is reportedly buyi.....»»
Apple Car doesn"t require Tim Cook to build an auto-assembly line
The long-rumored Apple Car is reportedly in the works, but it likely won’t be the stand-alone vehicle that fans of the tech giant are hoping for, according to Wall Street analysts. .....»»
Airbnb is reportedly paying a steep 10% interest on the debt it just raised in its $1 billion funding and its valuation is nearly half what it was in 2017
Stephen Lam/Reuters Airbnb will pay more than 10% in interest on the additional funding it just secured from Silver Lake and Sixth Street Partners, The Wall Street Journal reported Tuesday. The investors were also offered warrants that can conver.....»»
Grocery giant Albertsons is reportedly preparing to go public after failing multiple times in the past
Thomson Reuters Albertsons is preparing to go public again, The Wall Street Journal reported Monday. The company will decide in coming weeks whether or not it will proceed. An IPO could value the grocer around $19 billion, The Journal re.....»»
SoftBank is reportedly committing $40 billion for its second mega fund
SoftBank's board is due to meet Thursday to approve the funding, according to the Wall Street Journal, citing people familiar with the matter......»»
The Wall Street Journal: Brazil’s Natura Cosmeticos reportedly set to buy Avon Products
The boards of the two companies have approved the deal, which has been in the works for months, and it is expected to be announced Wednesday, said sources......»»
The new, modernized Chuck E. Cheese is taking on Wall Street
Chuck E. Cheese has been quietly making a comeback. Now the company thinks it's ready to show off to Wall Street......»»
The new, modernized Chuck E. Cheese is taking on Wall Street
Chuck E. Cheese has been quietly making a comeback. Now the company thinks it's ready to show off to Wall Street......»»
Kushner Cos. scales back NYC presence: report
Kushner Cos. is reportedly leaving the city behind and heading back to the suburbs.The Wall Street Journal reports that the firm has sold 10 properties for more than $1.5 billion in New York, while... To view the full story, click the title link......»»
Activist investor ValueAct has reportedly amassed a $1.2 billion stake in Citigroup (C)
Larry French/AP ValueAct Capital has taken a $1.2 billion stake in Citigroup, according to The Wall Street Journal. The activist investor supports CEO.....»»
GE reportedly near deal to sell industrial engines unit to Advent
General Electric Co (GE.N) is close to a deal to sell its industrial gas engines business to private equity firm Advent International for $3 billion or more, The Wall Street Journal reported on Sunday, citing people familiar with the matter......»»
JPMorgan Smashes Expectations with EPS of $4.44 and Revenue Over $42 Billion in First Quarter
JPMorgan Chase & Co. (NYSE:JPM) recently announced its quarterly earnings, surpassing Wall Street predictions and highlighting its significant financial strength. ... Read more.....»»
Bitcoin claws back as Wall Street breaks losing streak
The rebound came after bitcoin suffered brutal losses in a broad sell-off that vaporized several billion dollars in the cryptocurrency market......»»
5 Stocks To Watch For May 20, 2021
Some of the stocks that may grab investor focus today are: Wall Street expects Hormel Foods Corp (NYSE: HRL) to report quarterly earnings at $0.41 per share on revenue of $2.42 billion before the opening bell. Hormel shares gained 0.2% to $46.0.....»»
The Wall Street Journal: Ethereum co-creator donates $1 billion in crypto for India COVID-19 relief
Vitalik Buterin, co-creator of the crypto network Ethereum, donated more than $1 billion on Wednesday to a relief fund to combat the spread of Covid-19 in India......»»
5 Stocks To Watch For May 11, 2021
Some of the stocks that may grab investor focus today are: Wall Street expects TransDigm Group Incorporated (NYSE: TDG) to report quarterly earnings at $2.51 per share on revenue of $1.17 billion before the opening.....»»
The Wall Street Journal: Gates’ divorce had been in works for years; Epstein ties said to be one source of tension
The split between Bill and Melinda Gates, announced last week, has been in the works for a long time......»»
General Motors comfortably beats Wall Street earnings expectations despite chip headwinds
The automaker still expects to bring in between $10 billion and $11 billion in adjusted pretax profit this year, desp.....»»
Pfizer, making billions from vaccine sales, blows past Wall Street expectations
Pfizer now expects to be able to deliver about 2.5 billion vaccine doses this year and already has signed contracts covering about 1.6 billion of those doses. The company also has be.....»»