The CEOs of four of the world’s largest and most influential tech companies are set to testify Wednesday before a House of Representatives antitrust panel, and plan to emphasize how their products improve the lives and jobs of Americans. Jeff Bezos of Amazon.com Inc. AMZN, + 0.95% , Tim Cook …
Read More »Tesla plans a $ 780 million bond deal linked to vehicle leases, its first offer of its kind during the pandemic
Telsa Inc., after reporting a surprising second-quarter profit, plans to raise $ 779.53 million this week in the asset-backed bond market. The Palo Alto, California-based electric vehicle maker is offering eight classes of bonds to investors maturing in 2.7 years or less and most of which have the best AAA …
Read More »Ant may be the biggest IPO in history, but it will overlook the US.
Text size Jack Ma Phillippe Lopez / AFP via Getty Images The US stock exchanges will not boast of what could be the largest initial public offering in history. Chinese financial technology giant Ant Group Co., which owns the mobile payment network Alipay, plans a dual listing in Hong Kong …
Read More »Amazon shares rise when Goldman sets new high street price target
Text size Ina Fassbender / AFP via Getty Images Shares of Amazon.com were trading strongly higher on Monday in a pair of bullish analyst notes as Wall Street raises expectations ahead of the company’s earnings report to be released on July 30. The company is an obvious beneficiary of both …
Read More »Nikola Stock could have a wild week ahead
Text size Courtesy of Nikola. Investors must prepare for volatile week of stock trading by heavy-duty fuel cell truck pioneer Nikola. Stock guarantees, issued in some of the transactions that eventually brought the company to the public markets, can now be exercised. Shares slumped on the news on Friday, but …
Read More »