In one of the largest equity offerings ever to be offered by a company in the retail sector, GameStop announced its intention to sell up to $1 billion worth of shares. Jeffries is reported to be managing the offering of approximately 3.5 million shares, with the proceeds of the...
Not long after online education company Coursera posted a strong initial public offering for investors, its stock began trading at a very high level with a double-digit gain. It opened last week on Wednesday at an impressive $39, which was around 18% higher than its initial offering price of $33....
If Apple wasn't powerful enough as it is, this should give the tech giant an extra boost. Speculation about a self-driving Apple car isn't just getting consumers excited—it also has investors planning full-scale stock upgrades. UBS analyst David Vogt is one who is particularly optimistic about the stock potential this...
Whitney Tilson invested in Netflix when it was only at $7.78 a share. Now that Netflix is the massive streaming giant it is today, everyone wants to know what this man's secret is. Thankfully, he's more than willing to give his pearls of wisdom. But investing in Netflix wasn't his...
Home sales have been plunging dramatically as of late. In fact, February saw home sales plunge throughout all regions of the United States. The National Association of Realtors has determined that home sales went down 10.6% from the previous month, making it the second month in a row in which...
After performing a new in-depth analysis of its major U.S. trial, pharmaceutical corporation AstraZeneca has declared its COVID-19 vaccine to be 76% effective at preventing serious cases of the illness. This figure is slightly lower than the rate that was mentioned earlier this week in a report that relied...
Facebook Inc announced on Thursday that it is currently developing a wristband that will be able to control the Augmented Reality (AR) glasses that the company is expected to launch sometime this year. According to a blog post, Facebook's wristband users will be able to interact with the virtual...
With inflation concerns and a cooling Asian market rocking economic conditions, the value of oil continues to decline, resulting in the longest losing streak in over a year. This comes as U.S. benchmark West Texas Intermediate endures its fifth straight day of losses. The price of crude oil had decreased...
An array of European stock markets opened higher on Tuesday morning, despite the ongoing challenges faced by European Union member states in terms of their vaccine rollout campaigns. Following reports of blood clotting, several European nations including France, Germany, Italy, and Spain have suspended their rollout of the AstraZeneca...
Digital payments provider SumUp revealed on Tuesday that it has borrowed a sum of 750 million euros ($894 million) from backers led by Goldman Sachs. These funds will be used to fuel the London-based company's acquisitions and new product efforts, with the end goal of continuing its global expansion. In...