Drilling Commences at Leonora South
May 12, 2025
Nikola Bags $200M Investment from Institutional Investor Antara Capital
Nikola Corporation announced that institutional investor Antara Capital had agreed to a $200M investment in the company, according to a press release by Nikola on Monday. The institutional investor made...
Read moreWarren Buffet Back in Stock Buying Spree with Deals Valued $41B in First Quarter
Warren Buffett’s Berkshire Hathaway Inc is back buying other companies’ shares after complaining of high stock valuations for years, according to a report by Bloomberg on Friday. The conglomerate bought...
Read moreBillionaire Musk Sold $8.5B in Tesla Shares after Agreeing $44B Twitter Takeover
Tesla Inc CEO Elon Musk sold nearly 5.23 million shares in the EV giant, valued at around $4.5B in several open market sales on April 28, according to a report...
Read moreGTY Technology Soars 119% After Agreeing a 123% Premium Take-Private Deal with GI Partners
Shares of GTY Technology skyrocketed 119% after announcing a deal to go private in a sale transaction for $6.30 per share, according to a press release by GTY Technology on...
Read moreAbbVie Cuts 2022 Earnings Outlook Due to Acquired In-Process R&D
American biopharmaceutical firm AbbVie has downgraded its earnings outlook for the year due to in-process research and development expenses recorded in the first quarter, the firm announced in a filing....
Read moreRobinhood Stock Fell 11% After Posting 43% Plunge in Q1 Revenue, Lower Monthly Active Users
Shares of Robinhood Inc sank to a record low after posting a 42% decline in Q1 revenue and a fall in monthly active users, according to a press release by...
Read moreApple Beats Sales Estimates with Massive Jumps in iPhones, Services in Q2
Apple Inc reported a record fiscal Q2 sales and profit that surpassed Wall Street estimates as it managed chip shortages, according to a press release by Apple on Thursday. Apple...
Read moreAmazon Reports First Quarterly Loss in 7 Years on Rising Costs, Rivian Investment
Amazon shares plunge 9% after posting its first quarterly loss since 2015, due to a slump in online shopping and higher costs, according to a press release by Amazon on...
Read morePayPal Stock Jumps Almost 4% Despite Dim Annual Profit Outlook in Q1
PayPal Holdings Inc shares rose 4% even after the company cut its full-year profit outlook, signaling that payments could fall, according to a press release by PayPal on Wednesday. PayPal’s...
Read moreSwvl Enters Agreement to Acquire UK Bus Platform Zeelo
Mass transit tech solutions firm Swvl Holdings Corp. has inked an agreement to acquire UK smart bus platform Zeelo, according to a statement. The acquisition will further expand Swvl’s global...
Read moreTwitter Daily Users Hits 229M, Misses Revenue Estimates for Q1
Twitter, Inc posted first-quarter earnings that beat Wall Street estimates, according to a press release by Twitter on Thursday. The social media giant’s net profit increased to $513.29 million or...
Read moreBarclays Profit Slips 18% as Litigation Costs Drive Expenses Higher
Barclays PLC opened the year with a double-digit decline in its earnings as it reported higher operating expenses in the first three months, the company announced in a filing. Attributable...
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