Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business (page 3)

Business

Twilio to invest up to $ 750 million in Syniverse

The cloud communications company Twilio Inc. TWLO 4.05% has agreed to invest up to $ 750 million in Syniverse Technologies LLC in a precursor to the company’s private equity-owned communications list. The investment, announced Monday, could be followed in the coming months by a merger between Syniverse and a special acquisition company, insiders said on Sunday when The Wall Street …

Read More »

Bitcoin (BTC) is at a “turning point,” City said

A customer uses a bitcoin automatic cash register (ATM) at a pavilion in Barcelona, ​​Spain, on Tuesday, February 23, 2021. Angel Garcia Bloomberg | Getty images Citi believes that bitcoin is at a “turning point” and may one day “become the preferred currency for international trade” as companies such as Tesla and PayPal warm up to it, and central banks …

Read More »

Hilton Grand Vacations, J&J, NRG Energy and others

Check out some of the biggest movers in the pre-market: Hilton Grand Vacations (HGV) – The temporary sharing company reported a larger-than-expected loss for its last quarter, while revenue was also below Wall Street forecasts. Hilton Grand Vacations said the pandemic had created a challenging environment, but said 85% of its properties were already open and operational. Its shares decreased …

Read More »

GameStop and AMC Entertainment are once again sharing active presales

The group of “meme” shares, led by the video game retailer GameStop Corp. GME, -6.43% which have been volatile in recent weeks as investors in the Reddit subgroup prepared, were active again in market trading on Monday. Shares of GameStop rose 5%, while shares of AMC Entertainment Holdings Inc. AMC, -3.38%,, the largest cinema chain in the world have increased …

Read More »

US drone firm Skydio is valued at $ 1 billion as government freezes Chinese competition

Skydio became the first U.S. unmanned aerial vehicle manufacturer with a valuation of more than $ 1 billion, a signal for deeper investment in U.S. unmanned aerial vehicles after the U.S. government blacklisted Chinese manufacturers. California-based Skydio has raised $ 170 million in a series of D-Series funding led by VC Andreessen Horowitz, as first reported by The Financial Times. …

Read More »

US stock futures are rising like bond rallies

Stock futures and government bonds rose on Monday as investors expected a list of Federal Reserve spokespersons and data on the manufacturing sector. Futures related to the S&P 500 rose by almost 1%, and contracts for the Nasdaq-100 advanced by 1.2% after a week of bruises for technology stocks. Broad progress has come as yields on 10-year government securities, the …

Read More »

Fisker abandons semiconductor batteries after announcing “breakthrough” with “500 mile range and 1 minute charge”

Fisker says he gave up semiconductor batteries after announcing a “breakthrough” that should have allowed “500 miles of range and one minute of charge” in his electric cars. After the launch of electric vehicles, Henrik Fisker began to make very, very ambitious claims about the capabilities of the new company’s future electric cars. We highlighted some of them in a …

Read More »