2 days ago

New York private equity company #KKR to buy #TelecomItalia for $12 billion

On November 21st kkr, a New York-based private-equity firm, launched a €10.8bn ($12bn) bid to buy Telecom Italia (tim), Italy’s biggest telecoms operator. If the deal closes, it would be the biggest buyout of its kind in Europe. Source: The Economist 

#Technology
New York private equity company #KKR to buy #TelecomItalia for $12 billion

2 days ago

#CathieWood's #ARK bought 650,000 shares of #Zoom for around $130 million as the stock dipped almost 15%

Two of Wood's ETFs, ARK Innovation and ARK Next Generation Internet, purchased nearly 650,000 shares in Zoom, which is down 39% this year and 23% this quarter. The stock is now hitting a 17-months low. Source: BusinessInsider

#Stocks #Technology
#CathieWood's #ARK bought 650,000 shares of #Zoom for around $130 million as the stock dipped almost 15%

6 days ago

The #Nasday #index keeps making all-time highs, while many of its #stocks tumble. The index is carried by only a handful of performing #stocks

As the following table shows, many Nasdaq stocks experience drastic price fall since their all-time highs. As the index keeps making high, we can see that it is being carried by a handful of stocks. Source: Charlie Bilello, Compound

#Stocks #Technology
The #Nasday #index keeps making all-time highs, while many of its #stocks tumble. The index is carried by only a handful of performing #stocks

13 days ago

#TradingVolume on #NFT platform #OpenSea doubled a Bored Ape Yacht clubs sales spiked 900%

The sales of Bored Ape Yacht Club, the new NFT collection, surged tenfold in the last two days, doubling the amount of ETH trading daily on the OpenSea platform, from $48 million to $105 million. Bored Ape Yacht Club is a collection of 10,000 NFTs that was launched back in April. Each image is a portrait shot of a cartoon ape generated from a combination of up to 170 possible traits. Source: Decrypt

#Technology
#TradingVolume on #NFT platform #OpenSea doubled a Bored Ape Yacht clubs sales spiked 900%

18 days ago

#PayPal shares tumbled 10.5% yesterday after disappointing #quarterlyearnings, along with a shy 4th quarter #forecast

Estimates were missed, but not by much, with a $6.18 billion quarterly revenue compared to a $6.23 billion estimate. The stock has been through its worse day in over 20 months. Source: CNBC, Refinitv

#Stocks #Technology
#PayPal shares tumbled 10.5% after disappointing #quarterlyearnings, along with a shy 4th quarter #forecast
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