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Tag Archives: NYSE

Nvidia Prepares to Be Anchor Investor in Arm IPO

CoinspeakerNvidia Prepares to Be Anchor Investor in Arm IPO Sources familiar with the matter said that the two players have been negotiating over valuations. They also stated that SoftBank's founder Masayoshi Son is trying to find big investors for Arm, as SoftBank has plans to liquidate its stake. Nvidia Prepares to Be Anchor Investor in Arm IPO

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SoftBank Vision Fund Records $32B Loss in Its Fiscal 2022 Year amid Weakening Economy

Vision Fund, SoftBank’s tech investment arm, posted a loss of 4.3 trillion yen for its fiscal year that ended March 31st.  SoftBank sustained a $32 billion record loss for its Vision Fund tech investment arm amid a challenging period for tech stocks. For its fiscal year ending March 31st, the Japanese investment holding company’s Vision Fund posted a 4.3 trillion yen ($32 billion) deficit. This loss surpassed the 2.55 trillion yen that SoftBank sustained in the same period last year....

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US Officials in Urgent Talks to Rescue First Republic Bank

In case of a scenario where the First Republic Bank fails, the FDIC will likely want to avoid systemic risk and offer insurance to all the bank’s depositors, even those not covered by insurance. The banking crisis unfolds further, with the US officials trying to coordinate with the private sector to reach an agreement on the future of First Republic Bank (NYSE: FRC) which is under scrutiny as a result of a loss of almost $72 billion in deposits within three months. Currently,...

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World’s Wealthiest Cities Increase Their Millionaire Populations, with New York City and China’s Hangzhou as Best Performing

New York City and Hangzhou are the world’s wealthiest cities considering number of HNWIs and millionaire population growth. A new report on wealth growth in some of the world’s largest cities has revealed new figures for the world’s wealthiest cities. According to London-based investment migration consultancy firm, Henley & Partners, there is still some growth in millionaire numbers in several cities despite a biting recession. The report uses data recorded up to December last year....

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Fiverr-Aktie 90 Prozent im Minus: Jetzt ein Kauftipp?

Die Fiverr-Aktie war mal mehr als 300 Franken wert. Jetzt bekommt man das Papier für gerade mal 30 Franken. Fiverr war mal das ganz grosse Ding. Fiverr war dabei, richtig hoch zu skalieren und weltweit lokale Webseiten und Niederlassungen zu gründen. Fiverr hatte gar eine Zeit lang Bitcoin akzeptiert; doch die Bitcoin-Bezahlmethode ist verschwunden. Seit da geht es mit dieser Firma bergab. Die Kunden wechseln massenhaft zu Konkurrenten wie...

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Bank of America (BAC) Stock Price Down 3.23% as Its Small Business Loan Portal Opens

Bank of America (BAC) has opened its small business loan portal. This comes as its stock is down in the market due to the COVID-19 situation.Bank of America Corporation (NYSE: BAC) stock price has fallen since the opening bell of the New York Stock Exchange (NYSE). Bank of America (BAC) stock has dropped to around $19.90, -$0.66 (3.23%).This comes at a time that the bank is seemingly “all-American” in its response to the business malaise that is currently occurring due to COVID-19.Bank of...

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Bitcoin Price Must Test $20,000 in 2020, Mike Novogratz Believes

Mike Novogratz, CEO of crypto merchant bank Galaxy Digital and a well-known Bitcoin bull, has once again reiterated his bullish stance to the biggest cryptocurrency, predicting that Bitcoin should retest its $20,000 highs by the end of 2020.Mike Novogratz, the CEO of crypto merchant bank Galaxy Digital, said he might give up on Bitcoin (BTC) if the price of this cryptocurrency doesn’t touch new highs in 2020.Just for the reminder, in January 2020, reflecting on the proliferation of crypto...

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Dow Futures Add 4% Today, S&P 500 and Nasdaq Futures Are Also in Green

Dow Jones futures and S&P 500 futures have changed little this morning, while Nasdaq futures rose modestly after California issued a “stay-at-home” order to slow the Covid-19 spread.U.S. stock futures started good on early Friday morning, showing potential for a positive opening after an also positive Thursday session. Investors are obviously still watching over coronavirus developments. The Donald Trump administration proposed an $850 billion stimulus package to stabilize the economy,...

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