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01 Apr, 2020
Facebook Announces Third Quarter Results
Facebook, Inc. (NASDAQ: FB) reported financial results for the third quarter 2018. Daily active users were 1.49 billion, a 9% increase year over year. Mobile advertising revenue which represented 92% of advertising revenue this quar..
Tesla Shares Dip After Saudi Arabia Invests USD 1 Billion in Lucid Motors
Shares of Tesla Inc. (NASDAQ: TSLA) slid as much as 2% after Saudi Arabia's public investment firm announced a USD 1 Billion investment in rival Lucid Motors.The Kingdom's Public Investment Fund had previously been in talks with Tesla around..
Yum China Shares Jumped After It Rejects Private Buyout Offer
Yum China Holdings Inc. (NYSE: YUMC) shares jumped for a second day after Wall Street Journal reported that the Company had rejected a private buyout offer from group led by investment firm Hillhouse Capital Group, citing a person familiar with the ..
Tesla Inc. has extended $1.1 billion loan agreement
Tesla Inc. (NASDAQ: TSLA) has extended its $1.1 billion warehouse loan agreement. The loan meant to finance the innovative company’s growing inventory.Tesla wrote in the recent filing published:On August 16, 2018, certain subsidiaries of Tesla..
Local Startup Investment Not Profitable as Stocks
Investments made by New Mexico in small companies located in the state are not showing the desired results. Startup companies funded by New Mexico's State Investment Council are not giving back the same returns as stock index funds managed by Wa..
Nordstrom to Go Private in a Potential Partnership with Leonard Green, Shares Jumped
Nordstrom family members was closing in on a deal with Leonard Green & Partners, a private equity firm, to help take the department store private. After the news, shares of Nordstrom, Inc. (NYSE: JWN) jumped more than 8% in afternoon trading hou..
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