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PayPal | May 30, 2022
Financial services company Jetty, which is focused on making renting homes affordable, announced that it has secured investment from Experian Ventures and PayPal Ventures. With the funding, Jetty will be able to expand its existing suite of products and grow the company faster.
We believe that working with the most respected names in financial services is the fastest and most effective way to help us achieve our vision. Beyond additional capital, t...
Tesla | January 13, 2020
Tesla stock continued to rally Monday, rising 5% and passing $500 per share for the first time. That puts Tesla at a fresh all-time high as it continues to soar on its entrance into China and optimistic delivery figures. The stock has more than doubled over the past three months, according to FactSet. The recent gains bring Tesla’s market cap to about $90 billion, which is nearly $5 billion more than that of General Motors and Ford combined. The companies’ market caps, which measure ...
Credit Suisse | January 13, 2020
The Bloomberg Commodity Index Total Return was higher for the month, with 20 of 23 constituents posting gains. Credit Suisse Asset Management observed the following: Energy increased 6.89%, led higher by Crude Oil and petroleum products, amid OPEC+'s announcement of new production quotas for 2020 in an attempt to rebalance oil markets. Agriculture returned 5.75%. Soybean Oil rose as Indonesia and Malaysia plan to increase crude palm-oil (CPO) content in biodiesel in 2020 while Malaysian palm...
Wall Street | January 13, 2020
U.S. stocks pushed higher after the open Monday, as global macro concerns eased and investors took on board positive company-specific news, including a flurry of midcap mergers and some upbeat earnings guidance. The S&P 500 index was trading 6 points, or 0.2%, higher by 0935 ET (1435 GMT), with the NASDAQ Composite up 33 points, or 0.4%. The Dow Jones gained 27 points, or 0.1%. Fears of major military action in the Middle East have dimmed, although the Iranian authorities are under pressure ...
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