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Goal Acquisitions Corp. (NASDAQ:PUCKW) Sees Large Drop in Short Interest
Goal Acquisitions Corp. (NASDAQ:PUCKW – Get Rating) was the recipient of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 10,500 shares, a decre
Powell: it is not clear whether the Delta mutation will significantly affect the economic recovery.
Jerome Powell, chairman of the Federal Reserve, said on Tuesday that it was not clear whether the outbreak of novel coronavirus's Delta variant would have a significant impact on the US economic recovery. Powell said when attending the city hall meeting: "novel coronavirus still exists." And this may continue for a while, "but" people and businesses have learned to adapt. " Powell did not comment on the Fed's monetary policy in his speech. But he said it was important for the Fed to stick to its existing functions because of its independence in monetary policy decision-making. He also said that the Fed is "strong.
Li Auto Inc. is reported to plan to set the price of Hong Kong IPO at HK $118,000,000 per share.
Li Auto Inc., a Chinese electric car maker, told potential investors that it planned to price its Hong Kong-listed IPO at HK $118,000,000 a share, raising about $1.5 billion, according to people familiar with the matter. The price is about 3.2% off Li Auto Inc. 's closing price on Nasdaq on Thursday. One American depositary share is equal to two common shares. The carmaker will issue 100 million shares in its Hong Kong listing. People who spoke on condition of anonymity said the pricing had not yet been finalized because discussions were still under way. A representative of the company did not immediately respond to a request for comment. Li Auto Inc., which has been listed in the United States, will
Munger: The pandemic has created “amazing success” and car dealers have made a lot of money
Buffett's close friend Charlie Munger said in an interview broadcast on Tuesday that for some companies such as car dealers, the pandemic has even brought huge profits. Munger said, “It not only created a sense of returning to normal; it also created an unexpected huge success. Car dealers have made a lot of money. If it weren't for the pandemic, they wouldn't be able to make any money.” Due to factory closures and a global shortage of semiconductors due to the pandemic, automakers and dealers have reaped greater profits. Had it not been for record profits, cars would have been sold out even before they reached dealers. Berkshire Hathaway Motor Company is
Buffett: The economic impact of the pandemic is “extremely uneven” and small businesses have been hit hard
Legendary investor Warren Buffet said in an interview on Tuesday that the economic consequences of the pandemic have disproportionately affected small businesses and that the unpredictability of the coronavirus is far from over. Buffett said, “The economic impact has been extremely uneven... tens of thousands or even millions of small businesses have been seriously hurt, yet the vast majority of large companies have performed well.” Buffett said, “It's not over yet. I mean, in terms of unpredictability... it's very unpredictable, but for most people and most businesses, it's better than people expected. It's not their own fault, it just destroyed
European stock markets generally closed higher, and Germany's DAX30 index continued to reach record highs
FX168 Financial News (North America) News European stock markets generally closed higher on Friday, and investors digested key US employment reports. Meanwhile, according to people familiar with the matter, the finance ministers of the G7 are close to reaching an agreement to raise the minimum global corporate tax rate to at least 15%. The pan-European Stoxx 600 index closed 1.78 points, or 0.39%, to 452.57 points; the German DAX30 index closed up 60.23 points, or 0.39%, to 15692.90 points. The index reached a record closing high for the fourth consecutive trading day, rising 1.31% this week; FTSE 100 in the UK
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