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The Latest

  • Kohl's Pressured To Sell Or Split Its E-Commerce Business
    Kohl's Department Store
    Hedge fund Engine Capital is urging Kohl's to consider selling or splitting its e-commerce unit to boost its stock prices.
  • Xpeng Motors Aiming To Sell Half Of EVs Outside Of China
    Xpeng Motors
    Xpeng Motors is aiming to deliver half of its total production to markets outside of China as part of its global expansion strategy.
  • Zoom Reports Better-Than-Expected Earnings, Warns Of Headwinds
    Zoom
    Zoom issued a warning to investors, stating that it may experience a decline in revenues in the coming quarters as demand for its services declines.
  • Authentic Brands Group Cancels IPO Plans, To Sell Major Stake Instead
    Forever 21
    Authentic Brands Group is finalizing a major stake sale estimated to be worth around $12.7 billion.
  • China Evergrande Raises $273.5 Million Through Sale Of HengTen Stake
    China Evergrande
    China Evergrande will sell its 1.66 billion shares in HengTen, netting the company $273.5 million
  • Beyond Meat Shares Drop By 18% Following Poor Q3 Performance
    Beyond Meat
    Beyond Meat reported a $54.8 million loss for its fiscal third quarter, which is significantly higher than the $19.3 million expected.
  • DoorDash To Acquire Finnish Food Delivery Rival Wolt For $8.1 Billion
    DoorDash
    DoorDash is set to acquire Finnish food delivery rival Wolt through an all-stock deal worth an estimated $8.1 billion.
  • Rivian To Raise $11.9 Billion Through NASDAQ IPO
    Rivian
    At Rivian's announced IPO price, the company would be valued at around $66.5 billion.
  • SoftBank Shares Jump Following $8.8 Billion BuyBack Program Announcement
    DIRE STRAITS
    SoftBank Group's shares jumped by around 10% Tuesday, its highest gain in the last two months.
  • Rivian Targets $53 Billion Valuation Through IPO
    Rivian
    Rivian plans to offer its shares at a price range of between $57 and $62 per share, raising up to $8.4 billion through the deal.
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