Rivian teams with Mercedes-Benz on electric vans
U.S. electric vehicle maker Rivian is partnering with Mercedes-Benz to build a factory in Europe that will produce electric vans for both companies.
Sep 08, 2022
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13
Automotive
News tagged with market capitalization
Business
Facebook's Meta takes on bond debt, in a first
Facebook-owner Meta is ending a run as one of the few major firms without debt, launching its first bond sale as the company battles uncertainty and bets heavily on its metaverse vision.
Aug 05, 2022
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16
Business
Cryptocurrency's dirty secret: Energy consumption
Though skeptics may characterize cryptocurrency as "fake money," "worse than tulip bulbs," or outright fraud, it is a very real business. The market capitalization of the almost 19,000 cryptocurrencies in circulation is currently ...
May 05, 2022
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39
Business
Meta, formerly Facebook, faces historic drop as stock tanks
Meta is putting a lot of virtual eggs—and billions of dollars—into the metaverse basket, and Wall Street is pretty anxious about it.
Feb 03, 2022
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9
Business
Shares of Facebook parent Meta plunge 23% on lower profits
Newly renamed Meta is investing heavily in its futuristic "metaverse" project, but for now, relies on advertising revenue for nearly all its income. So when it posted sharply higher costs but gave a weak revenue forecast ...
Feb 02, 2022
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7
Business
Netflix sinks as Wall Street flees 'stay-at-home' stocks
One day after shares of at-home fitness company Peloton tumbled, Netflix found itself in Wall Street's hot seat Friday as markets reassess the diminishing growth prospects of so-called "pandemic stocks."
Jan 21, 2022
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6
Business
China Mobile's Shanghai debut lukewarm after US delisting
China Mobile shares ended with slight gains on Wednesday in their debut on the Shanghai stock exchange after the telecoms giant was delisted in New York as tensions soared between Beijing and Washington.
Jan 05, 2022
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4
Business
With eye on 2021 law, crypto industry to 'engage' with Congress in 2022
The cryptocurrency industry plans to spend next year building on 2021's record political engagement to lobby Congress and regulators for clarity around tax reporting, stablecoins and asset classes.
Dec 14, 2021
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8
Business
US adopts rule that could see Chinese firms leave Wall Street
US market regulators on Thursday announced the adoption of a rule allowing them to delist foreign companies from Wall Street exchanges if they fail to provide information to auditors, which is aimed primarily at Chinese firms.
Dec 02, 2021
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6
Business
Trading begins on new Beijing Stock Exchange
A new Chinese stock exchange focused on SMEs began trading in Beijing on Monday, boosting support for smaller-scale firms as economic growth slows and Beijing cracks down on domestic tech giants.
Nov 15, 2021
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