The death toll from the coronavirus epidemic reached one million on Saturday, as many countries continue to struggle to eradicate the virus that has overwhelmed health care systems, weighted economies and daily life around the world. Covid-19, a virus-causing disease, kills an average of more than 70,000 people every day …
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 »The increase in Snowflake IPO makes it a pricey tech stock by a mile
Snowflake shares began trading on the New York Stock Exchange on Wednesday. NYSE Snowflake Inc. The record’s initial public offering gives the company an eye-popping appraisal that looks cheap to other obscure technology names by comparison. Snowflake share, + 111.60% The company rose 111.6% in Wednesday’s session after making the …
Read More »Snowflake brings in about 4 4 billion to start the big week for the IPO
Snowflake Inc. Made a warm start to the busiest weekend of early public offerings in more than a year. Snowflake SNOW, + 2.05% Its IPO on Tuesday night is valued at $ 120 billion, which means it will raise at least. 86. billion billion in offering fur, and possibly more …
Read More »Exxon’s debt burden is expected to increase as it commits to paying dividends
Investors had braced themselves for the bad news for Exxon Mobil Corp. and Chevron Corp., and their fears were confirmed on Friday when both power companies reported second-quarter results that showed sharp declining sales and losses amid economic destruction caused by the coronavirus. Exxon XOM, -0.58% reported an adjusted loss …
Read More »