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Softbank"s Vision Fund could go public in a $300 billion SPAC deal, report says
Softbank's Vision Fund is the world's largest tech venture capital firm and could list on the Amsterdam stock exchange via SPAC this year. Reuters/Issei .....»»
Verizon just sold AOL and Yahoo for $5 billion, and the new company will be known as "Yahoo" going forward
Verizon just sold AOL and Yahoo for $5 billion, which officially marks Verizon's exit from the media business. REUTERS/Denis Balibouse Jus.....»»
Warren Buffett"s Berkshire Hathaway sold a net $4 billion of stock and slowed buybacks in the 1st quarter
The famed investor's company spent $6.6 billion on share repurchases, significantly less than in the past two quarters. Warren Buffett. REUTERS/Rick Wilking Warren Buffett's Berkshire Hathaway sold s.....»»
US stocks slip after the Fed maintains its support of the economy
US stocks ended lower on Wednesday after the Fed held rates near zero and maintained the pace of asset purchases of at least $120 billion per month. Kevin Lamarque/Reuters US stocks were lower Wednesday after the Federal Reserve maint.....»»
HSBC beats expectations with 79% jump in Q1 pre-tax profit as cautious outlook prompts credit loss reversal
Europe's largest lender said profit-before-tax came in at $5.8 billion, beating the $3.4 billion expectation of analysts polled by the bank. REUTERS/ Bobby Yip HSBC posted a 79% jump in Q1 pre-tax profit that beat analyst expectati.....»»
Elon Musk Unlocks $11B In Stock Option Awards As Tesla Q1 Report Meets Targets
Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk has qualified for two options payouts, worth a combined $11 billion, after the automaker’s quarterly results hit targets, Reuters rep read more.....»»
Amazon-backed Deliveroo heads to its $2.5 billion IPO facing rider strikes and investor snubs over its business model
Deliveroo is set to float on the London Stock Exchange on March 31. Business Insider Abdelaziz Abdou, a Deliveroo delivery rider, poses with a bag of Aldi groceries, London. Reuters Amazon-backed D.....»»
Report: AvidXchange eyeing more than $5 billion IPO in the second quarter
Charlotte unicorn AvidXchange Inc. is prepping for an initial public offering later this year, according to a Reuters report on Tuesday......»»
Warren Buffett"s Berkshire Hathaway scores $17 billion gain across 5 stocks as value stages a comeback
The famed investor's company has made a remarkable $9 billion on its Bank of America stake since January. Warren Buffett. REUTERS Warren Buffett has racked up $17 billion in gains across just five stocks this year.Berkshire Hathaway.....»»
Amazon-Backed Deliveroo To Offer $1.4B New Shares In IPO: Reuters
Amazon.Com Inc (NASDAQ: AMZN) backed British online food delivery company, Deliveroo, intends to sell shares worth $1.39 billion (£1 billion) in its upsized IPO, read more.....»»
"SPAC king" Chamath Palihapitiya is planning a $1 billion listing of a climate company, according to reports
The billionaire investor's new vehicle won't be a SPAC, but it will aim to make several acquisitions. Chamath Palihapitiya. Brendan McDermid/Reuters Chamath Palihapitiya is eyeing a $1 billi.....»»
Billionaire investors Bill Ackman and Stanley Druckenmiller invested in Coupang years before its $4.6 billion IPO this week
Ackman introduced Coupang founder Bom Kim to another of his key early backers, Founders Collective cofounder David Frankel. Bill Ackman. Reuters/ Allen Fredrickson Bill Ackman and Stanley Druckenmiller were early investors in South .....»»
Mark Cuban says the Dallas Mavericks are the largest Dogecoin merchant in the world - and predicts the token"s price could eventually hit $1
The "Shark Tank" host said if his team sells merchandise worth another 6.5 billion Dogecoin, the digital asset's price could hit $1. REUTERS/Mike.....»»
Bitcoin miners raked in more than $1 billion in combined earnings last month. Here"s how they make money.
As of February 2021, miners gain 6.25 bitcoin for every new block mined - equal to about $330,475 based on current value. Bitcoin miners earned a combined $1.1 billion in January. REUTERS/Colm Fulton Bitcoin mining is the pro.....»»
Glu Mobile soars 34% after Electronic Arts agrees to $2.4 billion takeover
According to Reuters, Glu Mobile received multiple takeo.....»»
Alibaba Seeks To Raise $5B In US Dollar Debt Offering This Week
Alibaba Group Holding Ltd (NYSE: BABA) is planning to raise $5 billion by selling dollar-denominated bonds this week, Reuters reported read more.....»»
Elon Musk says self-driving Tesla robotaxis can help justify the company"s $800 billion valuation
Tesla could double its revenues if it develops a network of autonomous robotaxis as planned, CEO Elon Musk said Wednesday. Tesla's CEO Elon Musk. Mike Blake/Reuters Tesla can double its revenues if it.....»»
TikTok rival Kuaishou aims to raise $5.4 billion in what could be the biggest tech IPO since Uber
The IPO could value Chinese livestreaming and short video app Kuaishou, a TikTok rival, at up to $60 billion. Kuaishou competes with ByteDance's TikTok Reuters/Florence Lo/Illu.....»»
China Evergrande New Energy Vehicle Company Attracts 6 Investors To Raise $3.4 billion
The electric vehicle unit of property developer China Evergrande Group said on Sunday it would bring in six new investors and will raise $3.4 billion to repay debt and fund research, Reuters has reported. read more.....»»
Warren Buffett"s Berkshire Hathaway has scored a 3,000% gain on its BYD investment. Here"s the story of its bet on the Chinese electric-vehicle company.
The famed investor's company spent $232 million in 2008 to secure a stake worth more than $7 billion today. BYD founder and CEO Wang Chuanfu, Charlie Munger, and Warren Buffett celebrate at a car launch. REUTERS/Jason Lee Warren Buffet.....»»