Focus Finance
Insolvency Pending, Banking Operations Shut Down. What Happened At Greensill?
Greensill, a british-based financial service provider specialized in supply-chain finance, has disclosed its filing for insolvency in the...
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Focus Finance
Mar 4, 20211 min read
Starbase, Texas: Elon Musk’s Aspirations To Build A City For SpaceX
On Tuesday night, Tesla CEO Elon Musk disclosed his plans to create his own city called “Starbase” around the launch site of his...
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Focus Finance
Mar 3, 20211 min read
Zoom Smashes Earnings But Falls 15% From Highs At Opening
On Monday, after markets closed, California-based Zoom Video Communications "ZM" reported the fourth-quarter results. It smashed analyst...
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Focus Finance
Mar 2, 20211 min read
Will Investors Give 5 Stars To Trustpilot’s Upcoming IPO Valuing It At $1.4B?
Trustpilot is eying an IPO and is expected to go public in 2021. It is planning to list on the London Stock Exchange (LSE) and raise $50...
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Focus Finance
Feb 27, 20211 min read
Zero-Commission Brokers In Europe Will Be Scrutinized By Authorities
Over the past years, so-called “Neobrokers”, offering commission free trading paired with appealing interfaces have gained massive...
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Focus Finance
Feb 26, 20211 min read
Indices Slide As 10-Year Treasury Yields Touch 1.5% For The First Time In A Year
A sharp rise of long-term interest rates is putting the equity market under pressure. The 10-year US treasury yields climbed over 9 basis...
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Focus Finance
Feb 25, 20211 min read
Workhorse Plunges 50% In Two Days After Losing Bid For USPS Contract
On Tuesday, it was announced that the U.S Postal Service (USPS) will be awarding the multi-billion 10-year plan to modernize its fleet to...
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Focus Finance
Feb 24, 20211 min read
AMC Rallies 30% In Two Days As New York Theaters Are Set To Reopen
Following AMC’s announcement that it will open all of its 13 theaters in New York City on March 5, shares have climbed considerably. This...
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Focus Finance
Feb 23, 20211 min read
Lucid Motors Confirms Biggest SPAC Deal Ever At An Equity Value Of $24B
Lucid Motors has confirmed a deal with the SPAC Churchill Capital Corp IV "CCIV" (led by Michael Klein) at an equity value of $24...
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Focus Finance
Feb 20, 20211 min read
UK Supreme Court Rules That Uber’s Drivers Are Employees
On Friday, the UK Supreme Court unanimously ruled that Uber’s (NYSE: UBER) are employees and the company will have to pay minimum wage,...
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Focus Finance
Feb 19, 20211 min read
Can Facebook Block A Whole Continent? Australians Are Finding Out
On Thursday, Facebook (FB) banned citizens of Australia from accessing or publishing any news on its applications. This drastic measure...
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Focus Finance
Feb 18, 20211 min read
SEC Filing Shows Buffett Has Taken Major Positions In Chevron And Verizon
Berkshire Hathaway’s (NYSE: BRK-A; NYSE: BRK-B) latest 13F filing with the securities and exchange commission disclosed a number of major...
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Focus Finance
Feb 16, 20211 min read
Nikkei Tops 30,000 For The First Time In 30 Years As Japan’s Economy Shrinks & Debt Balloons
On Monday morning Japan's Nikkei 225, which is a price-weighted index and includes 250 companies on the Tokyo Stock Exchange (TSE),...
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Focus Finance
Feb 16, 20211 min read
Arne Sorenson, The First Non-Family Member To Head Marriott, Passes At Age 62
On Tuesday, Marriott International Inc. (MAR) announced that its CEO Arne Sorenson died one day prior. Sorenson became Marriott's first...
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Focus Finance
Feb 13, 20211 min read
Jaguar & Land Rover Parent Announces Marc Llistosella As New CEO
On Friday morning, Indian car manufacturer Tata Motors Ltd. (TTM) appointed a new CEO and Managing Director. Both roles will be taken...
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Focus Finance
Feb 12, 20211 min read
It’s A Match! Dating App Bumble Debuts 77% Over IPO Price
In the end of November, when the online dating service Bumble (BMBL) officially filed for an IPO with the SEC, we asked ourselves if...
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Focus Finance
Feb 11, 20211 min read
Matterport Is Going Public Via A $2.9B SPAC Deal To Revolutionize Real Estate
On Monday, SPAC named Gores Holdings VI "GHVI" led by billionaire investor Alec Gores announced that it will be merging and taking...
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Focus Finance
Feb 9, 20211 min read
Software Giant Salesforce To Make Remote Work Permanent
The software provider Salesforce (CRM) has announced it will extend remote work policies beyond the time frame of the pandemic. According...
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Focus Finance
Feb 6, 20211 min read
TikTok Rival Tops $179B Market Cap After Shares Surge 160% In Blockbuster Debut
On Friday, the Chinese short-video app Kuaishou Technology “1024.HK” went public in Hong Kong and raised $5.4 billion in the largest tech...
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Focus Finance
Feb 5, 20211 min read
DNA-Testing Company 23andMe Goes Public In $3.5B Merger With Branson’s SPAC
23andMe is a California based biotech and genomics company that is known for its DNA testing kits, sold directly to consumers. These...
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