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Once valued at $47 billion, WeWork has filed for bankruptcy in the U.S.
WeWork, the shared office space company that was once valued at $47 billion, has filed for bankruptcy protection in the U.S. The company's decision to file for bankruptcy comes after a meteoric rise and fall that saw it become one of the most valuabl...
Arm Holdings IPO: The Biggest IPO of 2023?
Arm Holdings, the British chip designer, is set to go public on the Nasdaq on September 14, 2023. The IPO is expected to be the largest of the year, with Arm targeting a valuation of up to $52 billion.Arm Holdings is a major player in the semiconduct...
TikTok IPO: The Next Big Thing in Tech?
TikTok is one of the most popular social media platforms in the world, with over 1 billion active users. The app has been growing rapidly in popularity, and it is now valued at $50 billion.There has been much speculation about TikTok going public in...
Foreign investors dump $9.3 billion worth of Chinese blue-chip stocks in record sell-off
International investors are divesting from China's prominent stocks in an unprecedented selling spree.Between August 7 and 18, foreign investors offloaded 6.2 billion yuan (approximately S$1.17 billion) worth of shares in Kweichow Moutai, China's lar...
Tesla's capitalization exceeded $ 1 trillion!
Tesla is the first carmaker to join the elite club of trillion-dollar companiesAt the end of last week, Tesla published its financial report for the third quarter, after which the value of one Tesla share in just one day rose by $10 and crossed the p...
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