The big short star Michael Burry made a name for himself during the recent housing crisis by shorting the mortgage subprime bond, and now he is shorting Tesla stock.Dr. Michael Burry was a medical stu...
Warehousing is an intermediate stage in a collateralized debt obligation (CDO) that includes the purchase of loans or bonds that can serve as collateral in a CDO transaction. It is the accumulation an...
Bitocin price fell 8% on Thursday to $31,007, falling below the $32,000 level for the first time since January 11, according to data from CoinDesk. Earlier this month, Bitcoin price hit $41,940 before...
A start-up company that helps bigger companies process large data and as such getting it ready for analysis by name Databricks, on Monday said that it has raised one billion dollars in cash from some ...
Elon Musks space travel company SpaceX recently completed a raise of $850 million placing the company’s valuation at nearly $74 billion, sources familiar with the matter told CNBC.SpaceX raised the ...
German sportswear company Adidas has unveiled its plans to sell the Reebok brand to help the company step up its competition in the American market. Adidas said further details of its new five-year st...
Volkswagen AG plans to spinoff its Porches sports-car unit, a move that could boost its valuation and bring generate huge cash for the company, according to sources familiar with the matter.The automa...
Neobank First Boulevard, a digital banking platform has reportedly raised $5 million in seed funding. The goal of the funding is to help Black communities build generational wealth and receive cashbac...
IAC/InterActiveCorp announced December that its Board of Directors had approved the plan to spin off its stake in video software company Vimeo.Vimeo is a cloud-based video platform that provides a one...
Chinese tech firm JD.com has filed to list its supply chain unit, JD Logistics, on the Hong Kong Stock Exchange. Its initial public offering could raise $5 billion, shooting the company’s valuation ...