In the latest sign of investors ’bad appetite for new shares, Palantier Technologies Inc. Despite an unusually aggressive governance structure, the transition to public company is expected to receive a high appraisal. The data-mining-software software expert is directing the traditional IPO route and revealing it by direct listing, in which …
Read More »Nicola’s talks with major energy companies have stalled following a short-selling report
Electric-truck makers Nicola Corp and BP have been accused of misleading investors. P.L.C. Conversations between several potential partners, including, have stalled, people familiar with the matter said. The shock is the first external indication that the onset of controversy surrounding the report affects its ability to implement its business plan. …
Read More »Moderna’s Covid-19 vaccine shows promise in older adults. His supply climbs.
Text size Dreamstime Older adults who participated in Moderna‘s Phase 1 trial of its Covid-19 vaccine responded just as well as younger adults, according to data, the biotech company presented Wednesday morning to a key Centers for Disease Control and Prevention Advisory panel. This is important because Covid-19 is not …
Read More »Qualcomm stock jumps to court over antitrust reference. here is Why.
Text size Pau Barrena / AFP via Getty Images Shares of mobile device maker Qualcomm jumped into trading on Tuesday after the U.S. Court of Appeals for the Ninth Circuit ruled against the Federal Trade Commission in a major anti-trust case. Qualcomm (ticker: QCOM) stock gained 3.6% to $ 110.24 …
Read More »The CEO of Royal Caribbean says that cruise will differ to Covid-19. Here’s how.
Text size Skip Royal Caribbean’s Liberty of the Seas on May 19 in Miami Beach, Fla. Cliff Hawkins / Getty Images Royal Caribbean Group CEO Richard Fain continues to see a slow return to business, at least initially, if that happens. Several companies have started operating cruises in Asia and …
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