Business Archives - Page 4 of 36

MGM will sell its iconic Las Vegas Mirage Hotel and casino
Hard Rock International buying The Mirage operation in Vegas

Ayush BansalDecember 14, 2021

MGM Resorts International has agreed to sell the Las Vegas Strip’s first megaresort, the Mirage, to Hard Rock International for nearly $1.1 billion in cash. Ha...

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Everything you should know about Samsara IPO
The Samsara IPO is coming to the market on December 15. The company is seeking an $11.5 billion valuation.

Ayush BansalDecember 11, 2021

According to a new SEC filing that dropped this week, Samsara expects to price its IPO between $20 and $23 per share, likely valuing the San Francisco-based com...

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Apple close to $3 trillion market cap
Another Wall Street analyst has set Apple stock’s fair value at over $3 trillion

Ayush BansalDecember 11, 2021

The American tech giant Apple could soon be the first U.S. company to reach a market capitalization of 3 trillion dollars just over a year after it surpassed tw...

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Rep. Devin Nunes is resigning from Congress to be CEO of Trump’s new media company

Jigyasa PrasharDecember 7, 2021

Rep. Devin Nunes, R-Calif., a close confidant of former President Donald Trump, is stepping down as CEO of Trump's new media firm, which plans to build its ...

Tech

COUPA SOFTWARE REPORTS FIRST QUARTER FISCAL 2021 FINANCIAL RESULTS
Record Quarterly Subscription Revenues of $105.7 Million, Up 45% Year-Over-Year

Ayush BansalDecember 7, 2021

Coupa Software (NASDAQ: COUP) mentioned its Q3 income outcomes on Monday, December 6, 2021, at 04:03 PM. The enterprise supplied income in keeping with propo...

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Is Rivian good for future buy?
Rivian Automotive (ticker: RIVN) picked up its first rating.

Ayush BansalDecember 6, 2021

EV startup Rivian Automotive, Inc. RIVN went public in early November by offering 153 million shares at $78 a share, giving it a massive initial public offerin...

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Okta Announces Strong Third Quarter Results
Q3 revenue grew 61% year-over-year; subscription revenue grew 63% year-over-year

Ayush BansalDecember 2, 2021

Okta Inc. (OKTA) on Wednesday reported a loss of $221.3 million in its fiscal third quarter. The San Francisco-based company said it had a loss of $1.44 per sha...

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NetApp Reports Second Quarter of Fiscal Year 2022 Results
Net revenues for the second quarter grew 11% year-over-year to $1.57 billion

Ayush BansalDecember 1, 2021

NetApp Inc. (NTAP) announced earnings for its second quarter that rose from the same period last year. The company's bottom line totaled $224 million, or $0....

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US-China tech war: Beijing’s efforts to catch up in advanced chips on hold as country’s attention turns to mature nodes

Jigyasa PrasharDecember 1, 2021

According to analysts and industry insiders, China has been forced to make a course correction in its pursuit of semiconductor self-sufficiency, focusing in...

Tech

Alibaba Slides Toward Record Low While Investors Bet on JD.com
E-commerce giant’s declining fortunes come as Beijing reins in the power of big tech companies.

Ayush BansalNovember 26, 2021

Alibaba Group Holding Ltd.’s October rally has given way to a renewed slump that has the stock heading for a record low while technology rival JD.com Inc. is ex...

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