Text size Ncino headquarters. Courtesy of nCino. NCino, which provides cloud-based software for financial institutions, experienced more than a 150% increase in its shares on its first day of trading. NCino shares opened at $ 71 and were trading at $ 77.20, a 150% increase in the Nasdaq stock market …
Read More »
Despite the gravity-defying Tesla surge so far in 2020, the action has more room to run, according to a Monday note from Piper Sandler. Sandler raised its Tesla price target from $ 939 to a high of $ 2,322, implying a potential upside of 55% since Monday’s close. The company …
Read More »
Warren Buffett may have repurchased more than $ 5 billion in Berkshire Hathaway stock in recent weeks. The famous investor revealed its stake in Berkshire in a presentation last week, suggesting that the number of shares outstanding fell by about 1.2% between April 23 and July 7. “It involves relatively …
Read More »
Warren Buffett’s Berkshire Hathaway struck a $ 10 billion deal to buy Dominion Energy’s natural gas transmission and storage business. The Berkshire energy unit will pay about $ 4 billion in cash and take on $ 5.7 billion in existing debt in exchange for more than 7,700 miles of pipes, …
Read More »
Text size Daniel Slim / AFP via Getty Images American Airlines Group and other companies are queuing for more rescue funds under the Care Act, as the industry faces an increasingly precarious situation due to an increase in coronavirus cases. Five major airlines signed a letter of intent with the …
Read More »