Author: pluginever
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Travel firm Viking Holdings aims for up to $10.8 billion valuation in US IPO
(Reuters) — Travel firm Viking Holdings said on Monday it is seeking a valuation of up to $10.8 billion in its initial public offering in the United States, as it joins a slew of companies looking to take advantage of a rebound in the capital market. The company and some of its existing shareholders are…
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Tesla cuts prices nearly $2,000 in China, in line with U.S. cuts
Tesla has cut prices by nearly $2,000 across its models in China, after price cuts in the United States, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs), especially against cheaper Chinese EVs. Elon Musk’s EV maker cut the starting price of the revamped Model 3 in China by…
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Anyone an investor in MTTR & holding thru? CoStar Group to Acquire Matterport in cash & stock deal valued 1.6B
Trading at 4.90s as of now and deal is 5.50/share – acquired by CoSTAR group – cash & stock deal: “…reflecting an estimated $1.6 billion of enterprise value. Under the terms and subject to the conditions of the agreement, Matterport stockholders will receive $2.75 in cash and $2.75 in shares of CoStar Group common stock…
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‘Lord of the Rings’ Owner Embracer to Separate Into Three Standalone Publicly Listed Entities
“Lord of the Rings” owner Embracer is separating the group into three games and entertainment companies: Asmodee Group, Coffee Stain & Friends and Middle-earth Enterprises & Friends. Asmodee is a tabletop games publisher and distributor with a studio network and IP catalogue. Coffee Stain & Friends is a gaming entity with a dual focus on…
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Meta opens Quest OS to third-party headset makers, taps Lenovo and Xbox as partners
The mixed reality operating system that powers Meta Quest headsets can officially be used by third-party device makers, the company announced on Monday. Now called “Meta Horizon OS,” the open system allows developers to access technologies like eye, face, hand, and body tracking, high-resolution passthrough, and more. Three major tech players—Asus, Lenovo and Microsoft’s Xbox—are…
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New York Stock Exchange tests views on round-the-clock trading
https://www.ft.com/content/31c3a55b-9af9-4158-8a49-4397540571bf The New York Stock Exchange is polling market participants on the merits of trading stocks around the clock as regulators scrutinise an application for the first 24/7 bourse. The survey by the NYSE, part of Intercontinental Exchange, was put out by its data analytics team rather than its management, but it highlights the growing…
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Tesla slides 3% in premarket, Li Auto sinks 8% as EV makers slash prices amid fierce competition
Tesla slides 3% in premarket, Li Auto sinks 8% as EV makers slash prices amid fierce competition https://www.cnbc.com/2024/04/22/tesla-shares-slide-li-auto-sinks-as-ev-makers-slash-prices.html KEY POINTS Tesla reportedly cut the starting price of its Model 3 in China to 231,900 yuan ($32,000) on Sunday, a reduction of 14,000 yuan. Chinese rival, Li Auto, also cut prices for its models, including the…
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Data confirms Musk’s destruction of the Tesla brand: He’s driving away many of his core customers
last Fall, the proportion of Democrats buying Teslas fell by more than 60%, precisely when Musk became most vocal on X the mix of Democrats, who have been core constituents for the Tesla brand, had remained mostly steady up to that point gains with Republicans and Independents haven't been enough to make up the loss…
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r/Stocks Daily Discussion Monday – Apr 22, 2024
These daily discussions run from Monday to Friday including during our themed posts. Some helpful links: Finviz for charts, fundamentals, and aggregated news on individual stocks Bloomberg market news StreetInsider news: Market Check – Possibly why the market is doing what it's doing including sudden spikes/dips Reuters aggregated – Global news If you have a…
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Trump will get 40 million more shares in DJT in only a few days, if the stock price stays above $17.50
According to today's filing and also explained here Trump will receive 40 million DJT shares if the stock price trades over $ 17.50 ($15.00 / $12.50) for 20 days in a thirty day window. Today is the 14th day of trading if I calculated that correctly. After all these shares are issued and the warrants…