Page 7 - Does It Matter News Today

SoftBank Dumps $2B Worth Of Uber Shares After Stocks Rally Benzinga 1/12/2021 SoftBank Group Corp’s (OTC: SFTBY) Vision Fund has disposed of $2 billion worth of Uber Technologies Inc (NYSE: UBER) common stock shares last week, as reported earlier by Bloomberg. What Happened: The technology sector investment firm sold off 38 million shares in the ride-hailing company at $53.46 each on Jan. 7. The sale was carried out through an affiliate company, SB Cayman 2 Ltd, as per a filing with t...

In the past week, both General Motors and Burger King have unveiled new logos. There are times when I think, what's the big deal, but then I realize, if it matters to someone, it is a big deal. I know more about sports team logos, and trust me, a bad logo for your favorite team can make you cringe every time you watch a game or even a highlight.

Chinese electric vehicle manufacturer Xpeng Inc (NYSE: XPEV), on Monday, announced securing a line of credit from five domestic ...

Chinese electric vehicle manufacturer Xpeng Inc (NYSE: XPEV), on Monday, announced securing a line of credit from five domestic commercial banks in an event in Guangzhou, China. The new credit agreement will not only aid with the working capital management but also optimize cost control. What Happened: As a part of the agreement, Xpeng will have access to RMB 12.8 billion, or roughly $1.98 billion, as an extensive credit facility to support and...

In its latest filing with the Securities and Exchange Commission on Monday, mortgage lending company LoanDepot Inc disclosed its plans ...

Retail giant Walmart Inc (NYSE: WMT) and e-commerce stores like Amazon Inc (NASDAQ: AMZN) and Chewy Inc (NYSE: CHWY) are using artificial intelligence to ...

Global investment strategist Edward Yardeni, during his interview on CNBC’s "Trading Nation," linked the current market trends to the ...

Goldman Sachs Group Inc (NYSE: GS), and  Morgan Stanley (NYSE: MS) will delist structured products listed on the Hong Kong stock exchange, according to a Financial Times publication on Sunday. What Happened: Removal of these 500 structured products is the outcome of outgoing President Donald Trump’s executive order prohibiting investments in companies with links to the Chinese military. The executive order also covers Chinese payment and fintech platforms like  Alibaba Group Holdings ...

Pfizer Inc (NYSE: PFE)/BionNTech SE (NASDAQ: BNTX) COVID-19 showed signs of working against a mutation found in two highly-contagious COVID-19 ...

Shanghai-based independent auto aftermarket retailer and service provider, Shanghai Lantu Information Technology Co., Ltd., commonly known as Tuhu, is ...