Shein Targets $90 Billion Valuation in Upcoming IPO
Shein, the Singapore-based fast fashion giant, is setting its sights high for its U.S
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Stocks Posts
Stock market analysis, trading, and investment insights.
Uber releases Q3 financials
Uber Technologies Inc (NYSE:UBER) has delivered a good performance in Q3 2023, showing a strong recovery with a net income of $221 million
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Lyft Fined $10 Million Over Icahn-Soros Deal
Lyft Inc. has settled a $10 million fine with the SEC for not disclosing a board director's role in a share sale involving billionaires Carl Icahn and George Soros, just before the company's 2019 IPO. The director, identified as Jonathan Christodoro, helped Icahn sell a 2.6% stake in Lyft to Soros at a discounted rate. Christodoro reportedly received fees for the deal and resigned from Lyft's board at the time of the transaction. The case raises questions about Lyft's transparency and disclosure practices.
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Tesla's Q3 Vehicle Numbers Fell Short
Tesla has long been the industry leader when it comes to electric vehicles (EVs), constantly setting the bar high for competitors
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Elon Musk agrees to buy Twitter
Major day for Twitter shareholders, Elon Musk agrees to purchase Twitter at the premium price of $54.20
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Grab aims to break even by H2 2024
Grab's aiming to break even by H2 2024, but making the economics work in Southeast Asia's hyper-competitive market is the hard part
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Adobe plans to acquire Figma
I see this as Adobe is fading into irrelevance with product engineers
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