SHENZHEN, China, July 12, 2022--(BUSINESS WIRE)--XPENG Robotics (or the Company), an affiliate of XPeng Inc. and a key part of its mobility ecosystem dedicated to creating smart robots, today announced that it has completed signing of a definitive agreement with a consortium of investors to raise over US$100 million for its Series A capital funding. The funding round is led by IDG Capital, supported by XPeng Inc. and other long-time investors.XPENG Robotics Raises US$100+ Million Series A Financing (Photo: Business Wire)The Series A financing is the largest single-tranche fundraising for the bionic robot sector in China in the past two years."Development of the robotics sector is propelled by breakneck progress in science and technology. XPENG Robotics is committed to establishing a holist
BridgetBirrell
No personal profile
7Follow
20Followers
0Topic
0Badge
XPENG Robotics Completes US$100 Million Series A Fund Raising
XPENG Robotics Completes US$100 Million Series A Fund Raising
20$ 100$. 238 M active users. 100 B Mkt value !! Cos The teams which design its consumer products run advertising initiatives too therefore these ads are camouflaged in the form of user-friendly updates. Generation Z and Millennials engage with them even without realising that they are actually ads.$Snap Inc(SNAP)$
Bank of America Corporation (BAC) is Attracting Investor Attention: Here is What You Should Know
$Bank of America(BAC)$ Bank of America(BAC) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this nation's second-largest bank have returned +3.2% over the past month versus the Zacks S&P 500 composite's -3.4% change. The Zacks Banks - Major Regional industry, to which Bank of America belongs, has lost 1% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually domi
Bank of America Corporation (BAC) is Attracting Investor Attention: Here is What You Should Know
China's Xiaomi throws down gauntlet to rival Android handset makers
Chinese Big Tech firmXiaomi Corphas unveiled its latest 12S-series flagshipsmartphones, highlighting advanced imaging systems co-engineered withGermany's Leica Camerathat could help set them apart from other majorAndroidhandsets andApple'siPhonein ashrinking global market.Xiaomi's three new Android models, including the top-of-the-line 12S Ultra, combine Leica's in-depth understanding of optics, image processing and image quality with the 12-year-old Chinese firm's experience in smartphone computing photography, according to a joint statement released in Beijing on Monday.Lei Jun, Xiaomi's founder and chief executive, said at the launch that the cost of these photographer-friendly smartphones might be "disappointing" for consumers, who expect affordable price tags, because "it's very diffi
China's Xiaomi throws down gauntlet to rival Android handset makers
Twitter Wants to Force Musk to Buy It. But There’s a Hitch.
When Elon Musk decided to terminate his $44 billion deal to purchaseTwitterTWTR+1.76%,the social-media companysuedin the Delaware Court of Chancery. Twitter is suing for “specific performance,” a rare remedy that would require Musk to complete the merger. Unfortunately for Twitter, it isn’t Elon Musk Inc. but Elon Musk the individual who offered to buy the company. This fact alone can block compulsion. The legal rationale lies in the country’s 19th-century prohibition of slavery.Twitter’s suit seeks to enjoin Musk from what it alleges would be further breaches of their contractual relationship, to compel Musk to fulfill his legal obligations, and to compel consummation of the merger. While there is precedence in Delaware for specific performance, the Musk-Twitter deal is unique. To date, D
Both Moderna's and Pfizer's first Covid shots are fully approved by the FDA. Moderna's is approved for adults only, whereas Pfizer and BioNTech can vaccinate people age 16 and older. Both companies also offer one booster to vaccine recipients under age 50. Older recipients and immunocompromised children as young as 12 can receive a second booster shot.$Moderna, Inc.(MRNA)$
Shopify made another invest yesterday in a round of funding for an e-commerce support company called Gorgias.Shopify has definitely been investing in their company lately! It should be clear to you all... open interest on the $40 calls and puts is huge. Big players insist on making options traders lose, and also they do not want to let go of their shares... they will try their best to keep stock at $40 as close as possible.$Shopify(SHOP)$
Why GameStop Roared Higher Today, Then Gave Back Most of Its Gains
What happened Shares ofGameStop(GME10.13%)are whipsawing Thursday on no company-specific news, but its fellow meme stockAMC Entertainment(AMC8.00%)also roared ahead and then fell back. GameStop stock was up 6.7% as of 2:36 p.m. ET after having been as much as 33% higher earlier in the session. The sharp movements in both directions triggered the New York Stock Exchange's "circuit breakers," temporarily halting the stock's trading. So what Volatility has been thename of the game with meme stockspractically since the concept got a name last year. Meteoric rises and dramatic declines are among the defining features of this subset of stocks. However, they have remained at elevated valuation levels and maintain high short-interest ratios. In fact, it was short-sellers who likely were the most
Why GameStop Roared Higher Today, Then Gave Back Most of Its Gains
Palantir Technologies Inc. will be looking to display strength as it nears its next earnings release, which is expected to be August 8, 2022. The company is expected to report EPS of $0.03, down 25% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $471.53 million, up 25.53% from the prior-year quarter.$Palantir Technologies Inc.(PLTR)$
The Fed is going to continue raising rates into next year. When the Bear goes back to the Den I will buy stocks, funds, options but until then I'm glad I pulled everything out before it began. I did it because like someone here said, the market was overvalued or overheated. The economy was on fire with wages and every product including fast food restaurants were going up. Gold will take a hit being up a 100% over cost to mine. Price gouging is rampant and nothing is being done by government agencies. This is a cycle that back in 2007 the market of the 500 went from 13700 to 7000. It's a game of chess. Short sellers are making money now, bravo to them. I'm not a big short seller, but the game continues. Feds move.... $Lululemon Athletica(LULU)$
Goes up 200% in a week shorties silent down 20% in a day shorts think they won the super bowl. It was only down because of the offering not because people are selling off or losing interest. How much you wanna bet those institutions who were a part of this private offering sold shares "to be delivered" to capitalize on Fridays pricing action?? $Toughbuilt Industries, Inc.(TBLT)$
CEI has now heard from the SEC on the accounting issue and knows now exactly what is expected as their hands were tied until they understood EXACTLY what the SEC wanted. Now CEI has proceeded ahead using the SEC guidance to complete their accounting and it will OR is expected to be completed by mid to late April. CEI were not dragging their feet or hiding information, they were awaiting the SEC recommendations. $Camber Energy(CEI)$
Adani Wilmar stock hits lower circuit for fifth day: Is it a good time to buy?
Shares of Adani Wilmar hit a lower circuit of 5 per cent for the fifth straight session today as investors continued to book profit from a record high in late April. The stock hit a lower circuit of 5 per cent in early trade today. It opened 5 per cent lower at Rs 583.25 on BSE. The market cap of the firm fell to Rs 75,803 crore. Total 0.17 lakh shares of the firm changed hands amounting to a turnover of Rs 3.05 crore on BSE. The stock has gained 6.07 per cent in a month but lost 22.61 per cent in a week. The large-cap stock trades higher than 50-day, 100 day and 200 day moving averages but lower than 5 day and 20 day moving averages. Adani Wilmar stock has lost 30.61 per cent in the last eight sessions. It is down Rs 295 or 33.59 per cent from its all-time high hit on April 28, 2022. As p
Could The Pagaya Technologies Ltd. (NASDAQ:PGY) Ownership Structure Tell Us Something Useful?
The big shareholder groups in Pagaya Technologies Ltd. (NASDAQ:PGY) have power over the company. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. We also tend to see lower insider ownership in companies that were previously publicly owned.With a market capitalization of US$2.9b, Pagaya Technologies is a decent size, so it is probably on the radar of institutional investors. In the chart below, we can see that institutions own shares in the company. Let's take a closer look to see what the different types of shareholders can tell us about Pagaya Technologies.What Does The Institutional Ownership Tell Us About Pagaya Technologies?Many institutions measure their performance against an index that approximates the lo
Among the tidbits, Berkshire bought roughly $600 million of Apple stock in the first quarter. That’s besides the investment group holding more than $150 billion of the stock.Apple makes up roughly 40% of Berkshire's portfolio of public shares and the holding is more than double the size of its next largest holding, Bank of America (BAC) - Get Bank of America Corp Report.Perhaps more interesting is Buffett’s comment on Apple: “Unfortunately, the stock went back up, so I stopped. Otherwise, who knows how much we would have bought?” $Apple(AAPL)$
EDU is now on Chinese TikTok, which is a censored version, selling books and groceries by the METRIC TON. They captured 750k followers just in the past few days, bringing their total followers to 1.75 million. 100k people watched their live streaming last night. $New Oriental Education & Technology(EDU)$
AMC Stock: Why it’s Time to Bail Right Now
$AMC Entertainment(AMC)$ Investors may cite improving movie attendance as a reason to buyAMC Entertainment(NYSE:AMC) stock. At the same time, they are shunningNetflix(NASDAQ:NFLX) andRoku(NASDAQ:ROKU). People moved on from the stay-at-home lifestyle of 2020 and 2021. This year, going out will include watching movies in a theatre. Does this mean AMC’s stock price will rise with the favorable trend? Investors should dig into AMC’s latest quarterly report first. The company has several red flags that undermine the bullish thesis. Meme Momentum for AMC Stock Fading Meme investing tried, but failed several times to come back. Most recently,GameStop(NYSE:GME)double-bottomedat $80 in March and rose to over $180 to then fall back to $80. AMC stock also rallie
AMC Stock: Why it’s Time to Bail Right Now
Twitter refuses to remove Silver Lake’s Egon Durban from board
Decision to disregard shareholder vote is latest corporate drama ahead of Elon Musk’s planned $44bn takeoverPlease use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach ofFT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found here.https://www.ft.com/content/826ae4fc-fe74-4ca7-b5d5-819bafa4e08d?ftcamp=traffic/partner/feed_headline/us_yahoo/auddevTwitter has refused to remove Silver Lake co-chief executive Egon Durban from its board, even after the social media company’s investors voted against his re-election at this
Due to my experience, there are no magic in trading, having a strategy that ensures profits is the best you can do and that's not for novice, lost ober $12k trading on my own. So who here doesn’t realize that Amazon is going to post a loss for 1q? And who doesn’t realize they’ve already lost $2.5B but j their Rivian investment so far in Q2? $Amazon.com(AMZN)$
Prior to the Covid-19 outbreak, SQ stock analysts were divided on whether Square revenue growth would reaccelerate with margin improvement following a period of elevated investments. The Square Cash App, a peer-to-peer money-transfer service, competes with PayPal'sVenmo, Zelle and others.Amid the coronavirus pandemic, Cash App emerged as a digital alternative to traditional banks. Consumers used the Cash App's direct-deposit feature to receive government stimulus payments, for example. But Cash App gross profit growth slowed over the summer, analysts say, as stimulus programs expired.$Block(SQ)$
Go to Tiger App to see more news