1142 days ago
The shares rose 4.2% to finish at 10,420 yen, surpassing its previous record of 10,111.09 yen marked on Feb. 18, 2000. SoftBank’s share price increases have been backed by a surging stock market which lifted the value of its portfolio companies.
1142 days ago
Berkshire Hathaway now holds 147.6 million shares of Verizon, a stake valued at around $8.6 billion at the end of 2020, making it the 6th largest position in the famed stock picker's portfolio. Source: Bloomberg
1142 days ago
Electric vehicle startup Lucid Motors may be nearing a Michael Klein-run SPAC agreement to take the California based company public, according to Reuters. The potential development sent shares of blank-check company Churchill Capital IV (CCIV) up more than 30% on Tuesday afternoon. Shares were halted for volatility following the headline. Reports of a possible deal between Lucid and Churchill Capital IV have been circulating for about a month now, prompting the special purpose acquisition company to put out a statement back in January. Year-to-date CCIV is up more than 400%, with much of the gains due to speculation of an agreement. Source: Yahoo
1143 days ago
Is it time to buy PLTR? The company's operating loss for the three months ending in December totaled $156.7 million. The Street was expecting operating profit of $48.1 million, according to Bloomberg data. For the full year, operating loss came in at $1.12 billion. However, excluding stock based compensation and other charges, Palantir swung to a profit of $189.9 million for the year. Fourth quarter revenue totaled $322 million, up 40% year-over-year. Palantir's full year 2020 revenue totaled $1.1 billion, up 47% year-over-year. Source: Yahoo
