Shares of Corsair Gaming (CRSR) turns to the red side as market opened today. Investors think that the company is no longer a viable investment. The gaming and streaming market is characterized by intense competition, constant price pressure and rapid…
According to a rumor by Reuters, Blackstone (BX) is in talks with Foley Trasimene Acquisition (WPF) to merge with Alight, a U.S. benefits solutions firm. It would result in Alight becoming a publicly-listed company at a valuation of more than…
Canoo releases new vehicle, auto designer and Art Center grad Richard Kim is perhaps best known for styling BMW’s i3 and i8. Now he’s designed a very different type of electric vehicle: The MPDV, or Multi-Purpose Delivery Vehicle unveiled by…
Plug Power (PLUG) has seen a tremendous rise today in the result to Nikola (NKLA) news. Earlier in the day, the company tweeted that construction of its $600 million manufacturing plant was underway. This means trial production could start in…
Airbnb (ABNB) now expects to offer shares for its initial public offering at a range between $56 and $60 per share, underscoring demand for new U.S. stocks, according to an S-1/A filing Monday. The U.S. home rental firm had on Tuesday set…
Shares of EV company Xpeng (XPEV) declined as public offering of 40 million shares was announced earlier today. The company plans to use the proceeds for research and development of Smart EVs, hardware and data technologies. Today the company announced…
Innoviz Technologies Ltd., an Israeli startup focused on lidar, laser sensors used in autonomous vehicles, is in talks to go public through a merger with Collective Growth Corp. (CGRO), according to people with knowledge of the matter. Collective Growth surged as…
Star Peak Energy (STPK) and Stem, Inc has announced that they plan on combining to bring Stem, Inc to the public markets. Stem is the world leader in AI energy storage, helping businesses develop and implement energy strategies of the future.…
Shares of China HGS Real Estate (HGSH) has been caught up in an upsurge. If you’re digging for press releases or SEC filings, you aren’t going to find anything. The company hasn’t issued any news, leading many to wonder just…
Shares of Lizhi (LIZI) skyrocketed on Wednesday from Xpeng (XEPV) deal amounting to a 99.89% upsurge. The upsurge immediately came after the company strikes a deal with Xpeng for in car audio equipment. Lizhi is an audio company based in…