Rivian shares leap in market debut, topping value of Ford, GM
Electric truck maker Rivian soared in its Wall Street debut on Wednesday, making the company worth more than traditional automakers Ford and General Motors.
Nov 10, 2021
0
66
Automotive
News tagged with market capitalization
Automotive
Tesla flirts with $1 tn in market value as Hertz deal fuels latest surge
Tesla became the latest US tech giant to hit $1 trillion in market value Monday as investors cheered a large order from Hertz and shrugged off criticism from a US auto safety official.
Oct 25, 2021
0
4
Business
US jury orders Tesla to pay ex-employee $137 million over racism
A jury in California on Monday ordered Tesla to pay a Black former employee $137 million in damages for turning a blind eye to racism the man encountered at the firm's auto plant in Fremont, US media reported.
Oct 5, 2021
1
14
Other
China limits children to 3 hours of online gaming a week
China is banning children from playing online games for more than three hours a week, the harshest restriction so far on the game industry as Chinese regulators continue cracking down on the technology sector.
Aug 30, 2021
0
3
Business
Yellen 'not certain' Amazon would pay under global tax agreement
US Treasury Secretary Janet Yellen said Thursday she is "not certain" if Amazon will have to pay up under a worldwide minimum tax she is encouraging countries, including her own, to adopt.
Jul 16, 2021
0
2
Business
EXPLAINER: Why China is investigating tech firms like Didi
Chinese regulators have clamped down on the country's largest ride-hailing app, Didi Global Inc., days after its shares began trading in New York. Authorities told Didi to stop new registrations and ordered its app removed ...
Jul 5, 2021
0
2
Business
Bitcoin fund launches on Dubai bourse in Mideast first
The Middle East's first bitcoin fund launched on the Dubai bourse on Wednesday, with Canadian digital asset manager 3iQ Corp seeking to raise around $200 million in the offering.
Jun 23, 2021
1
2
Business
Nokia back in black in first quarter thanks to 5G
Finnish telecoms giant Nokia said Thursday that it returned to profit in the first quarter, boosted by stronger-than-expected demand for 5G products, but it kept its cautious outlook for 2021.
Apr 29, 2021
0
5
Business
Feminist dating app Bumble takes Wall Street by storm
US dating app Bumble, where women make the first move, won Wall Street's heart as it went public Friday, with markets valuing the company at $13 billion.
Feb 13, 2021
1
15
Automotive
Daimler to spin off trucks, change name to Mercedes-Benz
German automaker Daimler will split itself into two independent companies by spinning off its truck and bus division, a move the company said would give both the freedom to operate more nimbly in a fast-changing environment ...
Feb 3, 2021
0
5
