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Arnault’s Work Extension

Global Finance

Thanks to a long series of strategic deals and acquisitions, Arnault has built the most powerful multinational in luxury retail and the largest by market capitalization. The post Arnaults Work Extension appeared first on Global Finance Magazine.

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Intel In Crosshairs Of Apollo, Qualcomm

Global Finance

Intel’s market share continues to decline. Its stock price has plummeted 60% this year and its market capitalization fell below $100 billion in early August: the first time that has happened since 2012. Qualcomm would likely need to finance an Intel acquisition through a combination of debt and stock.

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Latin America: Leading World Financial Innovation

Global Finance

Nubank passed 100 million customers in May 2024 and has a market capitalization of $56.6 The post Latin America: Leading World Financial Innovation appeared first on Global Finance Magazine. ” Tripathi cited two examples: Nubank, which started in Brazil and has spread to Colombia and Mexico.

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Circle IPO Underscores Investor Appetite For Crypto

Global Finance

The resulting increase in market capitalization is expected to fund expansion of its USDC stablecoin, which can be redeemed 1‑for‑1 with the US dollar. Other recent IPOs in the crypto space signal growing momentum in the market. Shares of Circle Internet Group more than tripled from its opening price of $31, raising $1.1

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Hyundai India’s IPO Filing Highlights Confidence In Surging India Markets

Global Finance

In the second half of 2023 the Indian equity market crossed the $4 trillion mark and is currently valued at $4.9 trillion as per the National Stock Exchange of India, pushing Hong Kong aside to become the world’s fourth largest stock market by market cap, behind Japan, China and the US. Indian mutual fund assets now stand at 58.6

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European Union: Riberia Gets Role As Hybrid Commissioner

Global Finance

No EU company with a market capitalization over €100 billion has been set up from scratch in the last 50 years, while all six US companies with a valuation above €1 trillion have been created in this period. The post European Union: Riberia Gets Role As Hybrid Commissioner appeared first on Global Finance Magazine.

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Ola Electric’s Shares Surge

Global Finance

The SoftBank-backed company’s shares surged nearly 82% in less than two weeks after the IPO, rising 20% over its initial share price of 91 cents on August 16, to lift its market capitalization across the $7 billion mark after it announced the launch of new electric motorcycles and that it would manufacture its own batteries to cut costs.