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Klaus Vedfelt/DigitalVision via Getty Images DiDi Global (DIDI) isn't the only U.S.-listed Chinese company to removed from app stores by Beijing. Truck-hailing service Full Truck Alliance Co. (YMM) an online recruiting app Kanzhun (BZ) - backed by tech giant Tencent (TCEHY) - have also been t...
Mlenny/E+ via Getty Images Just days after Didi (DIDI) raised nearly $5B from investors in its U.S. IPO, China's Cyberspace Administration has ordered the company's app removed from app stores, noting serious issues with Didi's usage of customers' personal information. Those who already ...
Shares of NVIDIA (NASDAQ: NVDA) gained 23.1% in value last month, according to data provided by S&P Global Market Intelligence . During June, Broadcom , Marvell Technology , and MediaTek expressed support for NVIDIA's $40 billion acquisition of Arm Holdings f...
Shares of NVIDIA (NASDAQ: NVDA) have climbed by 31% since the semiconductor company unveiled its newest data center chips at its investor day on April 12. The stock closed trading on Tuesday at $801, and some analysts think it can go even higher. The analysts covering NVIDIA for...
tupungato/iStock Editorial via Getty Images SoftBank ([[SFTBF]],[[SFTBY]]) Robotics is reportedly cutting about half of its 330 staff in France due to development issues and poor sales for the Pepper robot. Reuters sources and internal documents say SoftBank Robotics stopped producing the hum...
Leonardo Patrizi/E+ via Getty Images Didi Global (DIDI) is closing investor order books for its U.S. IPO one day early today, according to Reuters, after setting a price range of $13 to $14 per American Depositary Share. By the numbers: 288M ADRs would be offered in the IPO. An overallotment ...
Real estate technology has nabbed a lot of attention amid a booming housing market. Zillow Group (NASDAQ: Z) (NASDAQ: ZG) remains the pioneer and industry leader here, and though it has struggled as of late, Opendoor Technologies (NASDAQ: OPEN) is making the instant ...
tupungato/iStock Editorial via Getty Images SoftBank ([[SFTBF]],[[SFTBY]]) shares have pulled back with broader tech weakness and closed Wednesday flat at 7,688 yen. A further pullback could set the stage for further share buybacks. During the annual shareholder meeting, founder Masayosh...
Since its IPO, Coupang has spurred discussion of expansion beyond the potentially constraining South Korean market. Recent news suggests Coupang is getting serious about expansion with Singapore, Malaysia, and Japan as targets and each of these has inherent opportunities and challenge...
Credit Suisse (CS) is continuing its breakup with SoftBank ([[SFTBF]],[[SFTBY]]) after the Greensill Capital collapse.The bank has long been one of the largest personal lenders to SoftBank CEO Masayoshi Son. In February of this year, Son had around $3B worth of his SoftBank stake pledged as c...
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2024-07-21 12:06:00 ET Its durable cameras might be popular with folks taking action footage, but GoPro (NASDAQ: GPRO) hasn't been a great success as a stock. After a sustained period of excitement following its 2014 IPO, investors have largely shunned the company. Might that ch...
2023-12-30 09:30:00 ET When T-Mobile (NASDAQ: TMUS) completed its merger with Sprint in 2020, it effectively put a cap on its stock price for the next few years. As part of the merger agreement, Softbank (OTC: SFTB.Y) (OTC: SFTBF) forfeited 48.8 million shares of T-M...
2023-09-13 10:06:30 ET T-Mobile (NASDAQ: TMUS) stock has consistently butted heads with a $150 share price, but that could change soon. There's a good reason T-Mobile shares are stuck below $150. As part of its merger agreement with Sprint, Softbank (OTC: SFTB.Y) (OTC:...