Tag Archives: Billion

Just weeks ago, Pop Mart founder Wang Ning was riding high with a net worth of $27 billion, richer than Silicon Valley’s Peter Thiel, thanks to a rabbit-eared plush called Labubu. The “ugly-cute” doll has been flaunted by celebrities from David Beckham to Blackpink’s Lisa, pushing resale prices to dizzying heights.  But once the “cool hunters” move on, Wall Street …

Labubu dolls on display at a Pop Mart International Group Ltd. store in Shanghai, China. Raul Ariano/Bloomberg Wang Ning, the founder of Chinese toy maker Pop Mart International Group, has seen his net worth plummet by almost $6 billion in less than a month – as the latest edition of the company’s Labubu series of dolls seems to be losing …

Blackstone to buy Pennsylvania power plant for about $1 billion  Reuters Blackstone Announces Agreement to Acquire Hill Top Energy Center in Western Pennsylvania for Nearly $1 Billion  Business Wire Blackstone to buy natural gas power plant in Pennsylvania for nearly $1B (BX:NYSE)  Seeking Alpha Exclusive: Blackstone to acquire Hill Top Energy gas-fired power plant from Ardian  pehub.com Blackstone Inc. (NYSE:BX) definitive agreement to acquire …

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – U.S. banks borrowed $1.5 billion from the Federal Reserve’s Standing Repo Facility on Monday, the deadline for quarterly corporate tax payments and Treasury debt settlements, Fed data showed, suggesting some tightness in meeting funding obligations. The SRF serves as a backstop for any potential funding shortage. Launched in July 2021 in the aftermath …

(Reuters) – Swiss drugmaker Novartis and drug developer Monte Rosa Therapeutics signed a licensing deal worth up to $5.7 billion on Monday to develop drugs for immune-mediated diseases. Under the agreement, Monte Rosa will receive an upfront payment of $120 million and could earn milestone payments and royalties that lift the total value to as much as $5.7 billion. Shares …

CoreWeave Stock Is Rising on $6.3 Billion Deal With Nvidia. What to Know.  Barron’s CoreWeave, Nvidia sign new $6.3 billion deal for cloud computing capacity  Yahoo Finance CoreWeave Says Nvidia Cloud Contract Valued at $6.3 Billion  Bloomberg.com Nvidia Has $4.3 Billion Invested in These 6 Artificial Intelligence (AI) Stocks. Here’s the Best of the Bunch.  The Motley Fool CoreWeave, Nvidia sign $6.3 billion cloud …

Elon Musk Buys $1 Billion in Tesla Stock as Board Defends His Pay  The New York Times Elon Musk buys nearly $1bn in Tesla stock in push for more control  The Guardian Tesla Share Price Jumps After Musk Buys $1 Billion in Shares  The Daily Beast Wall St poised for higher open at start of Fed meeting week; Tesla climbs  Reuters Musk’s $1 billion …

Tesla jumps after Musk acquires EV maker’s shares worth $1 billion  ReutersView Full Coverage on Google News Source link

IN A NUTSHELL ✨ Recent research challenges the notion that the universe’s first stars were exclusively massive, suggesting more diverse masses. 💫 Studies reveal that turbulence and molecular coolants in early gas clouds could have led to the formation of lower-mass stars. 🔬 Helium hydride, the universe’s first molecule, played a crucial role in cooling gas clouds, enabling the formation …

Elon Musk Purchases About $1 Billion Worth of Tesla Shares  Bloomberg.comView Full Coverage on Google News Source link