Tag: billion
Which Type of Equity Fund is Best?
Jennifer -
Equity funds, also known as stock funds, are mutual funds or exchange-traded funds (ETFs) that invest primarily in stocks. They offer investors the opportunity...
Sanofi Eyes Investment of Up to $1.6 Billion in Germany, Handelsblatt Reports
Jennifer -
French pharmaceutical giant Sanofi (NASDAQ: SNY) is reportedly close to deciding on an investment of between 1.3 billion euros and 1.5 billion euros ($1.4-$1.6...
BlackRock to Acquire UK Data Group Preqin for $3.2 Billion
Jennifer -
BlackRock has agreed to acquire UK data firm Preqin for £2.55 billion ($3.23 billion) in cash, marking an expansion by the world's largest asset...
What is the S&P 500 Comprised Of?
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The S&P 500, often referred to simply as "the S&P," is one of the most widely followed stock market indices in the world. It...
Infinera Shares Soar on Nokia Acquisition News; Stifel Downgrades to Hold
Jennifer -
In a significant move aimed at bolstering its optical-networks business, Nokia (NOK) has announced its acquisition of Infinera (NASDAQ: INFN) in a $2.3 billion...
TeamViewer Stock Slumps After Disclosing Cyberattack
Jennifer -
TeamViewer's stock experienced a sharp decline on Friday following the announcement of a cyberattack on its corporate IT environment. As of 05:10 ET (09:10...
Toyota and Affiliates to Offload Some $1 Billion in Aisin Shares
Jennifer -
Toyota Motor Corporation and its affiliates have announced plans to divest approximately 33.9 million shares in Aisin, a move valued at 177.5 billion yen...
Cloaked Audis, Covert CEO Meeting: How VW’s $5 Billion Rivian Bet Transpired
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In an unassuming facility in California, a few camouflaged Audis arrived secretly from Germany early this year. These vehicles were destined for an unusual...
Nvidia Shares Surge Nearly 7% Following Market Rebound from $430 Billion Slump
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Nvidia (NASDAQ:NVDA) saw its shares climb nearly 7% on Tuesday, reversing a three-day decline that had wiped out approximately $430 billion from the company's...
Volkswagen Shares Decline Following $5 Billion Rivian Deal
Jennifer -
Volkswagen (ETR:VOWG_p), Europe's largest carmaker, saw its shares drop by 1.4% during early trading on Wednesday after announcing a planned investment of up to...
Toyota Sells $2 Billion in Cross-Held Listed Shares in FY2023/24
Jennifer -
Toyota (NYSE: TM) has disclosed in a regulatory filing that it sold $2 billion worth of cross-shareholdings of listed companies during the fiscal year...
ByteDance Collaborates with Broadcom to Develop Advanced AI Chip
Jennifer -
China's ByteDance is partnering with U.S. chip designer Broadcom (NASDAQ) to develop a cutting-edge AI processor, according to sources familiar with the matter. This...