Shopify's fourth-quarter revenue was $977.7 million, up 94% from the comparable quarter of 2019, according to the company's press release. The revenue was fueled by gross merchandise volume, which rose…
Elon Musk’s SpaceX completed a gigantic equity funding round of $850 million last week, sending the company's valuation to about $74 billion, according to CNBC. The new funds were raised…
Soros Fund Management firm has a new holding of $280 million stake in QuantumScape Corp., according to Bloomberg. The George Soros's firm also raised tech bets and exited its stake…
Stock trading volumes have surged to four times in Hong Kong compared to those in London’s main exchange, according to Financial Times. The rise has been caused by a high…
Warren Buffet’s Berkshire Hathaway Inc. invested in Verizon Communications Inc., insurance broker Marsh and McLennan Co., and Chevron Corp., according to Bloomberg. The company also cut its Apple Inc. holding…
General Electric expects a cash outflow in the first quarter of 2021, according to Reuters. The projections are based on CEO Larry Culp who said the first three months of…
Goldman Sachs Group Inc. is launching an automated wealth-management platform to invest customer funds across managed portfolios, according to Reuters. Consumers can open an account with Marcus Invest with a…
Palantir stock fell 10% on Tuesday morning after the company reported a loss per share of 8 cents, according to the company's press release. Q4 revenue was $322 million, up…
Beijing is reportedly exploring a decision to limit the export of rare earth minerals to hurt U.S. defense contractors, according to Financial Times. The rare earth minerals are crucial in…
Israel’s Redefine Meat Ltd has raised $29 million to build a large-scale pilot factory and begin sales of its 3-D printed facsimiles of beef cuts this year, according to Bloomberg.…
Manufacturers are competing to launch the first electric aircraft, reports Seeking Alpha. The competition could lead to the launch of the first commercial passenger flight of an electric vertical take-off…
Food delivery startup Deliveroo is reportedly planning to lay out plans for an initial public offering in London on March 8, according to Bloomberg. The date is subject to change,…