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Posts Tagged ‘stock market’

Tesla locks in stock surge with $2B offering at $767 per share

Tesla has priced its secondary common stock offering at $767, a 4.6% discount from Thursday’s share price close, according to a securities filing Friday. Tesla said in the filing it will sell 2.65 million shares at that discounted price to raise more than $2 billion. Lead underwriters Goldman Sachs and Morgan Stanley have the option ...

Facebook stock plummets 8%, wiping out $50 billion in market value

Facebook issued a disappointed quarterly report, sending its stock price down by 8%, reports CNBC.  In the report, "Facebook also warned of advertising headwinds related to privacy and regulatory changes on the horizon, leading to slowing growth in the U.S. Facebook said privacy improvements on Apple’s iPhones and Google’s Android software could hurt its ...

The first thing you should know about investing in the stock market? Take this class.

09.17.2019 · Posted in Investing Articles, Technology Articles

Believe it or not, there's more to finance than cutting back from four avocado toasts a week to three. Finance is about creating wealth, which is something everyone wants to do, right?  The Complete Wall Street and Forex Trading Master Class Bun... ...

Snap looks to raise $1 billion in private debt offering

Snap, the parent company of Snapchat, is looking to add some cash to its coffers via a new proposed private offering of $1 billion in convertible senior notes, with a due date for maturation of August 1, 2026. The debt offering will be used to cover the cost of general operating expenditures involved in running ...

Go behind the curtain with Wall Street titan Ray Dalio

Today on Extra Crunch, TechCrunch fintech contributor Gregg Schoenberg went deep beneath the surface with an insider profile of investor Ray Dalio. While Dalio is certainly a celebrity in the world of financial services, some outside of Wall Street might need a quick refresher on Dalio, his career and his influence. Dalio built his reputation ...

What seed-stage dilution tells us about changing investor expectations

Round sizes are up. Valuations are up. There are more investors than ever hunting unicorns around the globe. But for all the talk about the abundance of venture funding, there is a lot less being... ...

Workhorse gets $25 million needed to finish electric delivery van

Workhorse Group, the electric vehicle company that grabbed headlines last month over a proposed deal to buy General Motor’s Lordstown, Ohio factory, has raised $25 million from a group of unnamed investors. The money will not go towards the factory. Instead, it will be used for the more pressing matter of keeping the company running. ...

SEC expands its war on cryptocurrency companies with a lawsuit against Kik

The Securities and Exchange Commission has sued Kik Interactive for the $100 million token sale the company announced two years ago. It’s an expansion of legal actions that began last year as the SEC seeks to rein in companies that the regulatory agency thinks issued securities illegally. In the lawsuit, the SEC claims that Kik ...

Luckin leaves bitter aftertaste, now trading below IPO price

In the first few days following Luckin Coffee’s initial public offering, the stock chart for LK looked like a roller coaster. Now it’s looking more like a freefall. The Chinese Coffee chain successfully completed its highly anticipated offering roughly a week ago, raising over $550 million after pricing at $17 per share, the high end ...