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72 Stock Sharks News articles in Trending.
CP to pilot hydrogen-powered train to decarbonize freight transport
Canadian Pacific says it will pilot a new project to build a hydrogen-powered train. The railway company says the line-haul locomotive will be the first of its kind in North America once it is retrofitted with hydrogen fuel cells and new…
Airbnb, DoorDash rally after new bull touts market dominance
Airbnb Inc. and DoorDash Inc. have an analyst advocating for both firms after strong trading debuts last week. Shyam Patil at Susquehanna Financial Group initiated coverage on both companies with buy-equivalent ratings and 12-month share…
UiPath Says It Filed Confidentially for IPO, Could Be Valued at More Than $20 Billion
UiPath Inc., an automation software maker that could be valued at more than $20 billion, said it has filed confidentially for an initial public offering. The size and price of the offering hasn’t been determined yet, UiPath said in a…
Goldman Sachs Reportedly Picked to Lead Coinbase IPO
One day after cryptocurrency market operator Coinbase announced that it confidentially filed the regulatory paperwork with the Securities and Exchange Commission (SEC) for an initial public offering (IPO), a report indicates that the…
Trump Signs Bill That Could Lead To Delisting Of Chinese Stocks Including Nio, Li, Xpeng, Alibaba
U.S. President Donald Trump has signed a bill calling for the delisting of foreign companies that don’t adhere to the same accounting transparency standards that securities regulators impose on public U.S. firms. Why It Matters: The…
Virgin Galactic planning to launch suborbital test flight this month
Virgin Galactic will reach space again just two weeks from now, if all goes according to plan. Virgin Galactic aims to launch its VSS Unity space plane on its third piloted test flight to suborbital space between Nov. 19 and Nov. 23,…
IAC Shares Rally On Vimeo Funding, Possible Spinout
IAC/InterActive Corp shares are trading higher after reporting third-quarter earnings and announcing a possible spinoff of its Vimeo business. Q3 Earnings: Third-quarter revenue was up 12% year-over-year. The company reported revenue up…
Maxar eyes September 2021 launch for WorldView Legion satellites
Maxar Technologies plans to launch its first two WorldView Legion satellites as early as September 2021 on a SpaceX Falcon 9 rocket from Vandenberg Air Force Base in California. Before the COVID-19 pandemic, Maxar planned to begin…
Volkswagen’s Traton Acquires Truck Company Navistar For $3.7 Billion
Traton SE has paid $3.7 billion to acquire the US truck company Navistar International Corp. What Happened: Traton SE, Volkswagen AG’s truck division, will acquire $3.7 billion worth of outstanding shares of Navistar International Corp.…
Apple, Sony both held talks about buying podcaster Wondery
Apple Inc. and Sony Music Entertainment have each held talks about potentially acquiring Wondery, the producer of “Dirty John” and “Dr. Death,” according to people familiar with the matter, setting the stage for the biggest deal yet in…
BOJ Official Says Digital Currency Needs Public Support First
A Bank of Japan move to launch a digital currency would be conditional on public support, according to a senior BOJ official who says no final decision has been made even after the announcement of testing to start next year. “There is no…
Air Canada slashes price of Transat deal, citing COVID impact
Air Canada slashed the purchase price for tour operator Transat AT Inc. to almost a quarter of its earlier offer, citing the impact of the COVID-19 outbreak on the air transport industry. The Montreal-based airline said it’s cutting the…