Some of the world’s biggest aircraft buyers are urging the European Union to clear Boeing’s tie-up with Embraer, fearing Embraer’s commercial aviation business would struggle on its own now Airbus has swallowed its main competitor in regional jets.
Alphabet Inc’s Google is in talks with publishers on paying a licensing fee for content that would be packaged in a premium news product, the Wall Street Journal reported https://www.wsj.com/articles/google-in-talks-to-pay-publishers-for-content-in-premium-news-product-11581689169, citing people familiar with the matter.
Fiat Chrysler said on Friday it had temporarily halted production at its Serbian plant over the “availability of certain components sourced in China”.
The S&P 500 and Nasdaq opened slightly higher on Friday helped by chipmakers’ shares after Nvidia issued an upbeat quarterly sales forecast, but concerns about the economic hit from the coronavirus outbreak kept gains in check.
Yahoo Finance’s Ines Ferre breaks down the market action for Canopy Growth live from the NYSE. …read more […]
(Bloomberg) — This will almost certainly be a record-breaking year for the advance of solar and wind power across the U.S. The additions that are in progress or planned are significant enough to boost hopes for emissions-free electrical grids within a generation—if natural gas doesn’t get in the way.It just may. Gas is such a bargain that it’s being viewed less as a bridge fossil fuel, driving the world away from dirtier coal toward a clean-energy future, and more as a hurdle that could slow the trip down. Some forecasters are predicting prices will stay low for years, making it …read more […]
(Bloomberg) — Tesla Inc. investors who got in on Thursday’s share sale received the steepest discount the electic-car maker has offered in its 10-year history as a public company.Tesla’s $2 billion secondary offering priced at $767 per share, 4.60% below Thursday’s closing price. That discount is over 10 times larger than Tesla’s last secondary offering in May, and quintuples the average discount given across its seven prior share sales.Read more: Tesla Money Raise Keeps $14 Billion Virtuous Circle RollingAn 83% run-up this year before the offering launched might have contributed to the more buyer-friendly pricing terms, not to mention recent …read more […]
Wall Street’s main indexes were headed for a muted open on Friday, as concerns over the economic fallout of the coronavirus outbreak overshadowed a handful of positive earnings reports.
Tesco , Britain’s biggest retailer, unlawfully stopped major supermarket rivals from opening shops near its stores, the country’s competition regulator said on Friday.
A consortium led by U.S. entertainment giant MGM Resorts International has been named as the lead bidder for an integrated casino complex in Osaka, the local government said on Friday.
Brokerage Cowen & Company was the most bullish, raising its target by $85 to $325, higher than Wall Street’s median price target of $285.15 and Friday’s pre-market price of around $287. Analysts at Susquehanna said while they had expected the company to beat market consensus expectations thanks to the data center demand, they had never expected this kind of upside. “Nvidia’s dream-a-dream AI story is solidly back on track,” analysts from the brokerage said in a note to clients. …read more […]
Elon Musk is disrupting the market with innovative ideas. His company Tesla has long been thought of as the future of cars, leading the world to clean energy vehicles. But that’s not the only world-changing idea he’s created a company around. In 2002, Musk founded SpaceX. The company designs, manufactures and launches rockets and spacecrafts. But the big question isn’t if there will be a SpaceX IPO. It’s if investors can expect a Starlink IPO.
SpaceX IPO: What is Starlink?
Starlink is a project constructed by SpaceX. It’s a satellite constellation that will provide internet access. The goal is to “deploy the …read more […]
Huawei’s cyber security chief said on Friday that he was not aware of any mobile operator ever having given the Chinese company access to the equipment used to intercept calls when required to do so by security services.
Stock markets across the world ticked higher on Friday, as investors bet that the damage to the global economy from China’s coronavirus outbreak would not be long-lasting.
Imagine a mortgage that pays you the interest, not the other way around. Or a savings account where it’s the bank, not the saver, who collects interest. Welcome to the upside-down world of ultra-low and negative interest rates that is taking hold in many parts of the world. …read more […]
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