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"Tesla, Inc. Killer" Rivian submits IPO documents to seek listing on NASDAQ
Electric car startup Rivian Automotive filed for an initial public offering (IPO) on Friday. The company is seeking to trade on Nasdaq under the ticker symbol "RIVN", with underwriters including Morgan Stanley, Goldman Sachs Group Group and JPMorgan Chase & Co, with a tentative capital raising of $100m to be used as a "placeholder". According to previous media reports, Rivian is seeking to raise up to $8 billion, valuing the company at $80 billion. If Rivian ends up raising $8 billion, it will be the fourth largest IPO in the United States in the past decade. Article
"wooden Sister" Cathie Wood: investors who shorted ARKK without a bubble in the stock market are very wrong.
Wooden Sister Cathie Wood said on Thursday that she did not think the stock market was in a bubble and defended her innovation-focused investment strategy. "I don't think we are in the bubble that a lot of bears are talking about," Wood said in a media interview on Thursday. In the bubble, I remember that in the late 1990s, our strategy was cheered. Do you remember when analysts jump to predict that one by one is higher and the target price is higher than the other. But we don't have that situation right now. In fact, you will see a lot of IPO or (SPAC special purpose acquisition companies) emerge and eventually fail. we
How strong is the US fiscal stimulus? More than 100 million households “paid zero taxes” last year
How strong is the US fiscal stimulus? More than 100 million people paid zero taxes last year According to a recent survey, more than 100 million households in the US, equivalent to 61% of all taxpayers, paid zero federal income tax in 2020. The coronavirus pandemic and federal stimulus policies have led to a surge in the number of Americans not owning federal income taxes or receiving tax credits from the government. According to this report by the American City-Brookings Tax Policy Center (Urban-Brookings Tax Policy Center), 107 million households did not owe personal income tax in 2020, compared to 76 in 2019
Us oil dived close to $74 at one point, and it was rumored that Saudi Arabia and the United Arab Emirates had reached an agreement to increase oil production.
The original title: us oil diving once approached 74 US dollars. It is said that Saudi Arabia and the United Arab Emirates reached an agreement on increasing oil production in the European market on Wednesday. + sources said that Saudi Arabia and the United Arab Emirates reached an agreement on oil production. However, the news has yet to be officially confirmed. In addition, data show that China's crude oil imports fell in the first half of the year, but remained near an one-week high, against the backdrop of the global economy recovering from the novel coronavirus pandemic. This has raised concerns among investors about a recovery in demand for crude oil. As of press time, the futures price of US crude oil was at 74.74 US dollars per barrel, down 0.53%, while the futures price of Brent crude oil was at 76.05.
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