Tag Archives: Investors

Elon Musk’s SpaceX is going to raise an impressive sum of $250 million. It will help to add around $3 billion to the company’s valuation and bring it to the level of $36 billion.SpaceX is seeking to raise $250 million. The new funds sought reportedly will be valued at $220 per share. Sources indicate that this new valuation after raising funds would be at $36 billion. This will be an increase from $33.3 billion. The funding round is expected to close in the second week of the next month....

Over the last few years, the giant stake in Apple (AAPL) stocks acquired by a prominent investor Warren Buffett has paid off significantly with more than 80% returns.Warren Buffett‘s Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) is an investment behemoth with a great ability to select the right purchases. Regardless of the general volatility in most financial markets, Berkshire Hathaway has pulled in significant results from its investments over the last couple of years. Last year, Warren...

As part of its portfolio reshuffling strategy for 2020, investment giant David Selected Advisors decided to dilute its stake in Microsoft (MSFT) while simultaneously seeing a strong potential and increasing its stake in the Intel (INTC) stock.Since the beginning of 2020, the markets have been soaring massively making fresh highs every week. Earlier this week on Wednesday, both S&P 500 and Nasdaq made their record highs. While the Dow Jones Industrial Average (DJIA) continued to soar a...

Tesla (TSLA) stock is moving higher and regularly conquers new peaks despite all the negative expectations. One of the reasons is the fact that top investors believe in it.Amidst rumors of experiencing a fatal collapse in its stock, a technology giant Tesla (NASDAQ: TSLA) proved critics wrong once again that it is still gaining momemtum. Its shares doubled what was initially projected by market analysts. But this record-breaking achievement would have been a pipe dream, if not for the loyalty...

BlockFi has raised $30 million from a group of investors, including Morgan Creek Digital, Winklevoss Capital, Arrington XRP Capital and others.New York-based cryptocurrency-lending firm BlockFi has bagged up to $30 million from a host of investors during its Series B funding. The list of them includes Winklevoss Capital, Arrington XRP Capital, and Morgan Creek Digital among others. The company aims to use the funds it received to enhance its staff and expand its offerings, reports revealed on...

The coronavirus death toll is spreading fears to investors who are trying to turn to gold, the U.S. dollar and also Bitcoin as a safe haven.Investors are seeking safety in gold, the dollars and also Bitcoin as the coronavirus outbreak death toll in mainland China alone hit 1000. The virus has spread in a dozen other countries across the globe, raising a red alert to investors who are wary of the likelihood of an economic recession.As a result of the coronavirus outbreak, big investment...

Venture divisions of Salesforce and Samsung joined a second Series C funding round for a startup called Digital Asset that had already gathered $35 million from investors.Digital Asset, a New York-based financial technology company that builds products based on distributed ledger technology for regulated financial institutions, has acquired investments from Salesforce Ventures and Samsung Venture Investment Corp in the second closing of its Series C funding round. It was revealed on Tuesday,...

Recently, the UK fintech startup Currencycloud ran a series E funding round. Among the participants were Sapphire Ventures, Notion Capital, Anthemis, Accomplice, and Google’s venture wing GV. All of them supported Currencycloud earlier. Besides, the startup boasted it had attracted new investors. Visa, World Bank arm International Finance Corporation, BNP Paribas, Siam Commercial Bank and former Softbank spinoff SBI Group joined the round and invested as much as $80 million.The round has...

A global fitness F45 Training community is rumored to have filed for an Initial Public Offering (IPO) in the U.S. The community has not provided any comment yet. The information is confidential, and those familiar with the matter have preferred to stay anonymous.Goldman Sachs Group Inc. and JPMorgan Chase & Co. are allegedly working with F45 Training community on the listing. However, their representatives have declined to comment. F45 Training co-founder Adam Gilchrist has also refused...

QuadrigaCX creditors’ claims have caught the eye of Argo partners. Argo Partners is a New York investment firm whose niche includes creditor’s claims, bankruptcies, insurance liquidations among others. Sources indicate that the investment firm is already communicating with impatient creditors. Ernst & Young that is the court-appointed bankruptcy trustee is still sorting things out. The death of Gerald Cotten in India has complicated things further.Zeeshan Aziz who is the co-manager for...