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Snap Stock Drops As It Reports Worse-Than-Expected Earnings
Snap's stock fell by more than 25% in after-hours trading Thursday following the release of its latest quarterly earnings. Snap's stock fell by more than 25% in after-hours trading Thursday following the release of its latest quarterly earnings. -
Apple Shares Fell As Chip Shortage Reduced Its iPhone Production Target
Apple's share price fell by as much as 1% following the news that it may miss its production target of 90 million units due to the ongoing global chip shortage. Apple's share price fell by as much as 1% following the news that it may miss its production target of 90 million units due to the ongoing global chip shortage. -
Star Entertainment Group Shares Plummet Following Money Laundering Allegations
The Sydney Morning Herald, the Age, and 60 Minutes accused Star Entertainment Group of allowing illegal activities at its establishments for years. The Sydney Morning Herald, the Age, and 60 Minutes accused Star Entertainment Group of allowing illegal activities at its establishments for years. -
Fitch Ratings Downgrades Two Other Chinese Developers Amid Evergrande Crisis
Fitch Ratings downgraded the ratings of Fantasia Holdings and Sinic Holdings due to increased risks of the companies defaulting on their bonds. Fitch Ratings downgraded the ratings of Fantasia Holdings and Sinic Holdings due to increased risks of the companies defaulting on their bonds. -
Volvo Set To Announce Stockholm IPO Details This Week
Volvo's planned IPO in Stockholm could skyrocket its market valuation to more than $25 billion. Volvo's planned IPO in Stockholm could skyrocket its market valuation to more than $25 billion. -
Zoom And Five9's $14.7 Billion Merger Collapses
Five9 shareholders had reportedly voted against the deal because of the small premium Zoom was willing to pay. Five9 shareholders had reportedly voted against the deal because of the small premium Zoom was willing to pay. -
Second-Largest China Evergrande Shareholder To Offload Entire Stake
Chinese Estates Holdings said it plans to sell its stake in China Evergrande and exit the company completely. Chinese Estates Holdings said it plans to sell its stake in China Evergrande and exit the company completely. -
Singapore To Create $1 Billion Fund Aimed At Attracting More Public Listings
State-run investment firm Temasek Holdings with the help of the country's stock exchange plans to use the funds to attract more companies to go public. State-run investment firm Temasek Holdings with the help of the country's stock exchange plans to use the funds to attract more companies to go public. -
Soho China Stock Falls By More Than 40% Following Failed Blackstone Deal
Nearly $830 million was wiped out from Soho China's market value after its stock dropped by more than 40% Monday. Nearly $830 million was wiped out from Soho China's market value after its stock dropped by more than 40% Monday. -
Sea Limited Aims To Raise $6.3 Billion Through Equity Sale
Sea Limited plans to offer up to 11 million shares, worth an estimated $3.8 billion, and another $2.5 billion of equity-linked debt. Sea Limited plans to offer up to 11 million shares, worth an estimated $3.8 billion, and another $2.5 billion of equity-linked debt.