Saudi’s sovereign wealth fund, a Public Investment Fund (PIF) has acquired more than 5 million shares in Walt Disney at a value nearly $500 million. It has also purchased more than 3 million shares ...
The housing market has once again been hit hard by coronavirus; probably the worst yet, since the 2001 housing crisis.According to the National Association of Realtors, in the month of April, sales of...
Amid the Covid-19 pandemic, the US economy seems to have hopes for quick recovery as the job market is rapidly recovering compared to expectations. In May, the US unemployment rate fell to 13.3%, and ...
On Monday, billionaire Leon Cooperman, chairman and chief executive of Omega Advisors warned against the sharp rise of mom-and-pop investors on CNBC. These individual investors are taking advantage of...
The managers of ANT Group, a subsidiary of Alibaba is in plans to offer 15% of the company in an initial public offering, placing a value of $200 billion on the financial technology business. With...
U.S. gaming company Roblox announced on Monday that it filed with the Securities and Exchange Commissions, but confidentially.Roblox is yet to disclose how many shares will be offered, and any other r...
Chinese tech giant and TikTok parent company, ByteDance is in early IPO talks to publicly list some of its businesses including short video app Douyin, according to a source familiar with the matter.F...
Chinese tech firm JD.com has filed to list its supply chain unit, JD Logistics, on the Hong Kong Stock Exchange. Its initial public offering could raise $5 billion, shooting the company’s valuation ...
Rap genius and entrepreneur, Kanye West is now worth $6.6 billion. In 2009, the music superstar launched the first version of his shoe line 'Yeezy' in collaboration with Nike, becoming the ...
Fidelity Investments, a multinational financial services corporation based in Boston, is looking to introduce its bitcoin fund in a bid to strengthen its position in the virtual currency market. ...