Deal with SPAC
A source familiar with the matter said Pagaya Technologies Ltd. was nearing an agreement to put a value of about 9.90 billion toward a joint public offering through a merger with a specialty acquisition company.
Pagaya, based in New ...
Hello there, folks! Today I’d like to discuss such a valuable topic as wood carving for beginners: how to decide on the tools, what you need and so on. I’m quite sure that if you are here, you’ve already read a couple of articles on...
Unbundling Ant Financial
Beijing makes plans to separate financial giant Alipay Ant Group, which is 33 percent owned by Alibaba. Also, Beijing indends to create a separate credit reporting app that would be partly ...
US GDP forecasts down
The US economy is set to decline sharply in the third quarter Goldman Sachs, Morgan Stanley, Oxford Economics and the Atlanta Fed have all cut their GDP growth forecasts sharply in recent weeks. The effects of the rapid spread ...
Oracle's report
Oracle (ORCL) shares fell 1.9 percent after the report as the company reported quarterly earnings below analysts' average expectations. Oracle continues to grow its cloud business by increasing inve...
Shipping Integration
The consolidation of shipping over the past 5 years has exacerbated supply chain problems caused by the occurrence of Covid-19, further delaying the movement of cargo across the sea.
Cargo owners and forwarders say that a handf...
MTV Awards
Canadian singer Justin Bieber was named MTV Video Music Awards 'Performer of the Year' on Sunday.
Bieber said the past year had been challenging for everyone, including the coronavirus pandemic, and gave special thank...
Tax on share buy-backs
Democrats in the US Congress want to impose a 2% tax on share buy-backs by companies to raise $270bn to fund the $3.5 trillion welfare bill.
On Friday, two senior Democrats in the US Senate introduced a proposal to impose a 2...
UN General Assembly in New York
The ongoing spread of the coronavirus around the world is clearly having an impact on the UN General Assembly regular session which opens on 14 September, but the very pres...
Menu with celebrities
Burger King recently announced its collaboration with Nelly and other celebrities to promote the new menu. This is the main reason why Burger King, McDonald's, has managed to create ...
The situation of Apple shares after the trial
Apple's share price fell more than 2% after the tech giant won a court order on Friday in a legal battle with Fortnite creator Epic Games.
With the ban, developers using the&nbs...
Competition in manufacturing
Intel (INTC) is widely known as the global leader in central processing units, while Nvidia and AMD lead the way in graphics chip sales. However, Intel is preparing to release...
2-in-1 vaccine
Moderna's shares have increased dramatically after the announcement of the development of a comprehensive booster vaccine that simultaneously protects against new strains of the COVID-19 virus and seasona...
Threaten to sue
Coinbase stated the SEC's information of intent to request it in connection with the planned launch of a product that would allow stabelcoins owners to make money.
Coinbase (COIN), the world's only cryptocur...
Payment system from Amazon
Shares in major digital payments companies Square (SQ) and PayPal (PYPL) as well as Shopify (SHOP) fell sharply on Wednesday following news that Amazon (AMZN) is preparing to offer online and offline retailers its new paym...
Losses for three years
GameStop (GME) investor enthusiasm continues to fall, despite the video game company's financial report showing quarterly revenues above Wall Street analysts' forecasts. GameStop is perhaps the best-known 'stock meme', but the...
Producing medicines using artificial intelligence
The Bill & Melinda Gates Foundation is supporting UK start-ups that want to develop new drugs using artificial intelligence.
On Wednesday, the Oxford-based company Exscientia announced the signi...
Nvidia & Arm deal
Nvidia (NVDA) shares fell 0.8% on Tuesday after news broke that EU authorities see not enough concessions from Nvidia on the Arm purchase deal to mitigate potential damage to competitors and gain approval from EU antitrust...
New York Stock Exchange premarket on Tuesday
Shares in Boeing (NYSE:BA) fell 1% after European budget airline Ryanair, one of the US plane maker's biggest customers, broke off talks over a deal to buy the 737 MAX 10 jets over a disagreement over pri...
Meeting with Tesla employees
CEO Elon Musk on Friday revealed Tesla Cybertrack delivery dates, a new low-cost model and Tesla's "craziest deliveries" of electric cars in September.
Tesla (TSLA) CEO Elon Musk held an all-staff meeting on Friday. The...
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