Tag: billion
CPPIB and Temasek Back Arrowpoint Hedge Fund Launch in Singapore
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Arrowpoint Investment Partners, one of the notable hedge fund launches in Asia this year, has garnered significant backing from prominent investors, including the Canada...
Guzman Y Gomez Shares Surge 36% in Australia’s Biggest IPO of the Year
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Guzman Y Gomez (GYG), the popular Mexican food chain, made a remarkable debut on the Australian stock exchange, marking the country's most successful initial...
India’s Vedanta to Raise $120 Million via Debt Issue
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Vedanta Limited (NYSE: VEDL), the Indian conglomerate spanning metals to oil, announced plans to raise up to 10 billion rupees (approximately $120 million) by...
Nvidia’s Growth Prospects Justify Price Target Increase, Analysts Say
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Nvidia (NASDAQ:NVDA) has seen its longer-term growth prospects and profitability metrics bolstered, prompting analysts at Stifel to revise their price target for the artificial...
Chegg Announces Major Job Cuts in Restructuring, Shares Soar 19%
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Shares of Chegg (NYSE) surged more than 19% in after-hours trading following the announcement of a major restructuring plan, which includes cutting 23% of...
The size of US money market funds continues to hit a record high, is $7 trillion just around the corner?
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As the market expects that Federal Reserve policymakers are not in a hurry to ease monetary policy, US money market fund assets have risen...
LED concept rose during the session, and three stocks including Changjiang Communication hit the daily limit
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On June 17, LED concept rose during the session. As of 10:27, the overall LED concept index rose by 1.03% to 2007.520 points. From the...
Oil for Another 80 Years: The Significant Appeal of Carbon Capture
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In recent years, oil majors have been investing heavily in carbon capture and storage (CCS) technology, ostensibly to offset the CO2 emissions from the...
What Is in the S&P 500 Index?
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The S&P 500 Index, often referred to simply as the S&P 500, is one of the most well-known and widely followed stock market indices...
Investment Banks Raise Broadcom Price Targets Following Strong Results
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Broadcom (NASDAQ:AVGO) recently unveiled robust quarterly results, prompting several investment banks to revise their price targets upwards. The chipmaker upgraded its annual revenue forecast for...
Wise Shares Slide Amid Weak Outlook for 2025 Fiscal Year
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London-listed shares in Wise PLC (LON) shed more than 14% of their value on Thursday after the British money transfer group unveiled a weaker...
Cryptoverse: Soccer Tokens Shine Ahead of Summer of Sport
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With major football tournaments in Europe and the Americas looming, a notable segment within the cryptoverse is grabbing attention: fan tokens. Unlike typical digital assets,...