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Companies News - Liquidity Provider: Business & FinTech Media

News: Companies

In this section, we delve into the dynamic corporate world, bringing you the most recent updates from global companies. Our coverage spans a broad spectrum, encapsulating latest quarterly results, unveiling of new products, corporate amalgamations, and acquisitions. We also keep you informed on changes in analyst ratings, adjustments in price targets, submissions to regulatory bodies, and acquisition of new licenses, amidst a host of other significant business events.

Intel Signs Contract with Brookfield to Financing Chip Factories

Intel Signs Contract with Brookfield to Financing Chip Factories Intel keeps its promises. Technological titan scores a $30 billion deal with Brookfield to fund chip factories to fulfil its chip-making ambitions.

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NFL Sunday Ticket is The New Goal of Apple. A Victory Will Reshape the Streaming Industry

NFL Sunday Ticket is The New Goal of Apple. A Victory Will Reshape the Streaming Industry Apple thinks that sports are one of the last holdouts of scheduled content with mass market appeal and significant advertising potential for its Apple TV+. Apple is said to be looking for the NFL Sunday Ticket subscription service. Here the issues come in.

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Rivian and Li Auto Stocks Were Purchased by the Largest Pension in the US. However, Sirius and Zoom were sold

Rivian and Li Auto Stocks Were Purchased by the Largest Pension in the US. However, Sirius and Zoom were sold The biggest pension fund in America has increased its interest in producers of electric vehicles but reduced positions in videoconferencing and broadcasting. Let’s see what is going on.

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Tesla Could Be Expanding Its Charging Network. Why That Dangerous

Tesla Could Be Expanding Its Charging Network. Why That Dangerous Move Is Justifiable Charging for Everyone: Tesla seems to be letting owners of other EVs use its charging network. That has one hazard, even though it's probably a wise choice.

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Meme Stock Parade is Here. GameStop and More

Meme Stock Parade is Here. GameStop and More Meme stocks are rising. But here is some “BUT.”

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A Milestone Is Reached By Tesla Production in China

A Milestone Is Reached By Tesla Production in China Elon Musk claims that Tesla has produced 3 million vehicles. The electric car manufacturer has already created 3 million vehicles, with 1 million coming from its 'gigafactory' in China.

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7 Companies at Risk of Liquidity Squeeze: What You Should Know

7 Companies at Risk of Liquidity Squeeze: What You Should Know Royal Caribbean Group (RCL) is an example. At the end of June, the cruise line had $5.5 billion in short-term debt but $2.1 billion in cash. Royal Caribbean recently issued $1.15 billion in convertible notes to cover some of its current debt, stretching the maturity date from 2023 to 2025. However, it has a higher interest rate - 6% vs. 4.25% and 2.875% for retired debt. Discover

Morning Brief: From Inflation, Investment in Crypto to Taiwan Semiconductor Manufacturing

Morning Brief: From Inflation, Investment in Crypto to Taiwan Semiconductor Manufacturing This week's inflation figures could either boost or derail the market's summer momentum. Investors will get the most recent indication of how swiftly prices are growing across the US economy from three upcoming releases: PPI, CPI, and unit employment costs.

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Coinbase and the SEC Are Facing Off. What’s at Stake

Coinbase and the SEC Are Facing Off. What’s at Stake The industry has been grappling with the question of whether tokens should be classed as currencies, commodities, or securities. Some tokens, according to the SEC, most likely fit the definition of security. According to the SEC, Ripple – a payments network coin — is security, though Ripple Labs and the regulator are involved in a court dispute over this distinction.

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Twitter Wants to Force Musk to Buy It. But There’s a Hitch

Twitter Wants to Force Musk to Buy It. But There’s a Hitch When Elon Musk chose to back out of his $44 billion offer to buy Twitter, the social media giant filed a lawsuit in the Delaware Court of Chancery. Twitter has filed a lawsuit seeking "particular performance," an unusual remedy that would oblige Musk to finish the deal.

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Intel Could Be Worth More Dead Than Alive. Why This Analyst Sees 50% Upside

Intel Could Be Worth More Dead Than Alive. Why This Analyst Sees 50% Upside "This quarter's performance fell below the expectations we had for the firm and our shareholders," stated Intel CEO Pat Gelsinger. "We must and will do better." The most significant reason was the unexpected and fast downturn in economic activity, but the shortfall also reflects our own execution difficulties."

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China’s Video Game Market Is Shrinking as Regulators Crack Down

China’s Video Game Market Is Shrinking as Regulators Crack Down A combination of variables has resulted in the Chinese video gaming industry's first revenue and user falls in 14 years. According to analysts, the losses may prompt major firms such as Tencent Holdings and NetEase to expand further into international markets.

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Coinbase Needs Congress to Save It From a Crackdown. Don’t Count on It

Coinbase Needs Congress to Save It From a Crackdown. Don’t Count on It Congress is the only body that can prevent a crackdown by American law enforcement authorities on Coinbase Global Inc. (COIN) and other cryptocurrency companies. Still, it's becoming less likely that such relief will be provided anytime soon.

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Meta’s Earnings. Wall Street Is Cutting Its Revenue Forecasts

Meta’s Earnings Are Wednesday. Wall Street Is Cutting Its Revenue Forecasts The social media titan is still battling a less aggressive advertising market, competition from TikTok, and the continuing impacts of Apple's (AAPL) more aggressive approach to safeguarding iPhone users' privacy. In an effort to make its Facebook experience more like TikTok, Meta recently scaled back its employment goals and released a new version of its main Facebook experience.

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Ford Plans Up to 8,000 Job Cuts to Help Fund EV Investment

Ford Plans Up to 8,000 Job Cuts to Help Fund EV Investment People who asked not to be named, revealing internal discussions, described the layoffs will be made in Ford Blue, the newly formed unit responsible for producing internal combustion engine vehicles, as well as other salaried positions across the corporation. Details of the plan have not yet been finalized, so they could change at any time. Discover

Ex-Coinbase Employee and Two Others Charged in Insider Trading Case

Ex-Coinbase Employee and Two Others Charged in Insider Trading Case As part of what federal prosecutors in Manhattan are calling the first-ever insider trading prosecution involving the digital currency market, a former employee of Coinbase Global and two other people have been charged with wire fraud.

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