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.
Rivian Is ‘The One’ That Can Challenge Tesla: Morgan Stanley
Electric car maker Rivian (RIVN) has been publicly traded for over a month now, with an initial offering price of $78 per share. The firm's equity price soared to more than $165 shortly after the IPO but has subsequently dropped to slightly over $110 today.
Read More
New Tech Regulations Are Coming. Buy Meta And Alphabet Stock Anyway
The carefully crafted document states that the "bear case," with significantly more stringent US regulations, would almost likely harm values in the internet sector — but Zezas believes the chances of such scenario materializing are slim.
Read More
Stock Market News Live Updates: Stocks Mixed After Two-Day Rally Amid Pfizer’s Omicron Vaccine Update
Stocks traded neutral, taking a breather following a two-day rise, as investors continued to consider more information on the Omicron strain and assessed the possibility of a Federal Reserve policy shift.
Read More
China to Close Loophole Used by Tech Firms for Foreign IPOs
China is planning to ban companies from going public on foreign stock markets through variable interest entities, according to people familiar with the matter, closing a loophole long used by the country’s technology industry to raise capital from overseas investors.
Read More
