Tag Archives: Stocks

Uber Technologies Inc. has had its fair share of woes since its initial public offering (IPO) some months ago in May as it has not been profitable ever since. Now, the ride-sharing company is about to fall deeper into its problems as it has lost the license to operate in London, after several issues.Now Uber is a long way down from its $45 IPO price in May. At the moment, UBER is trading just under $30, representing a 33% loss in about six months. The level is the end result of a 6.3% loss in...

In what seems to be a comeback for Tesla’s Cybertruck after a mishap involving the breaking of its windows which was supposed to be “unbreakable” CEO Elon Musk has indicated that the electric automaker has received about 200,000 orders so far.However, TSLA stock hasn’t reacted seriously. In premarket it is 3.47% up, however, at the close, it was -6.14%.While Musk didn’t distinguish between “pre-orders” and final “orders” where people have committed to purchase the Cybertruck, the interest in...

Coinspeaker World Chess to Issue Digital Tokens in ‘Hybrid IPO’ World Chess is going to issue tokens that will use blockchain ledgers to simplify the fundraising process and will be convertible to shares at a later point. World Chess to Issue Digital Tokens in ‘Hybrid IPO’ Continue reading at Coinspeaker

Co-founder and former Uber Chief Executive Officer Travis Kalanick, has been in the news recently as he has been offloading his shares in the ride-hailing company, at an alarming rate. Earlier this week, Kalanick disposed approximately $578 million of his Uber shares over a few days notably after a binding lockup period expired on Wednesday, Nov. 6. It would seem like Kalanick might be well on his way to dispose of a lot more of his holdings.According to a Bloomberg report, the ex-CEO’s total...

After years of teasing, they have finally done it. Tesla has unleashed its futuristic Cybertruck. Cybertruck is its real name and it does not resemble any other real truck in existence today. However, despite all the excitement during the launch, the TSLA stock just responded slightly gaining around 0.74% currently trading at $354.83.With an angular design that almost resembles Christopher Nolan’s Batmobile, Tesla’s Cybertruck is designed to be tough. It comprises of an “ultra-hard”...

Back in September, Apple released new products including the long-awaited iPhone 11 and its variations. In October, the tech giant released new Airpods Pro, with a few more features and more costly as well. Since the release, Apple has sold a lot more units than initially planned for in both cases and now, reports show that Apple is in for a bigger end of the year, especially with the Airpods.At the same time, Apple stock is climbing higher. Now AAPL is trading at around $262. Just to...

As previously reported by CoinSpeaker, China’s Bitcoin mining giant Canaan Creative conducted its IPO with its shares going public on the Nasdaq platform on Wednesday, November 20.Well, things have certainly not gone the way Canaan thought and it looks like the decision to go public was all done in haste. In its filing to the United States Securities and Exchange Commission (SEC) Canaan marketed its shares for $9 to $11, as per the Bloomberg report.Previously, Canaan planned to raise around...

Coinspeaker Mercedes-Benz Unveils $67,900 Pricing for Forthcoming All-Electric SUV EQC 400 4MATIC About a year after Mercedes announced its EQC all-electric vehicle, the company has now placed a price tag on the car. Mercedes-Benz Unveils $67,900 Pricing for Forthcoming All-Electric SUV EQC 400 4MATIC Continue reading at Coinspeaker

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Chinese e-commerce giant Alibaba is making swift moves to list its shares on the Hong Kong Stock Exchange. However, amidst high demand, Alibaba has planned to close its books early for institutional investors, reports CNBC.As per the report, the e-commerce giant plans to close its books by 12 PM ET on Tuesday, November 19. The sources familiar with the matter said that the book’s closure will happen half-day before the earlier schedule. This is clearly indicative of the fact that investors...