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Three Brazilian billionaires who cofounded investment firm 3G Capital are backing a veteran U.S. investor who played a key role in hedge fund Third Point's activist campaigns, to make big, long-term bets on companies, three people familiar with the plans said. LTS One will be a new investment partnership between LTS Investments and Munib Islam, who was previously co-chief investment officer at Third Point.
Three of the largest technology companies are set to report another quarter of blowout results after Tuesday's closing bell, but the broader tech sector is having a shaky day amid a continued crackdown on Chinese technology stocks and pressure on riskier parts of the market.
Stocks declined Tuesday on the heels of another record-setting session, with investors looking ahead to the start of earnings results from mega-cap technology companies on Tuesday. Concerns over the spread of the Delta variant and a regulatory crackdown in China also lingered.
EVERETT, Wash., July 27, 2021--Helion Energy (Helion), a clean energy company committed to creating a new era of zero-carbon electricity through fusion, today broke ground on the next iteration of its fusion facility in Everett, Washington. The new facility will accelerate Helion’s efforts to build the world’s first commercially-viable fusion power plant.
Tesla posted record-high net income last quarter - but is there room to grow even more for the EV manufacturer? Or has it reached it's peak?
(Bloomberg) -- The slump in U.S.-listed Chinese shares accelerated Tuesday, wrapping up another day of losses, as investors shunned the assets amid a broad-based crackdown by regulators in Beijing.In the span of three trading days, the Nasdaq Golden Dragon China Index -- which tracks 98 of China’s biggest firms listed in the U.S. -- has plunged about 20%, its biggest such drop on record. Stocks included in the index have seen $840 billion, or nearly half their collective value, erased since hitt
Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, today announced a new enterprise-grade Wi-Fi 6E access point: the Extreme AP4000 universal wireless platform, capable of operating in the 6 GHz frequency spectrum. Designed for high-density environments such as schools, warehouses, and healthcare facilities, the AP4000 features best-in-class functionality and intelligence, delivering the highest level of client services without compromising security. Extreme's lead custome
In advance of the 4th of July holiday, Pelican Products held a one-day promotion pledging to donate 100% of the sell price of their 30QT Americana Elite Coolers to the National Fallen Firefighters Foundation. The promotion on pelican.com/shop resulted in a donation of $7,500 to the NFFF.
From brands like Revlon, Dove and Wet n Wild, these best-selling beauty products are ones Reviewed's readers can't get enough of.
Biomedican has received notification from the U.S. patent office that its first patent has been approved and will be issued in the coming months. This is the first patent ever to be issued using Yarrowia Lipolytica to produce cannabinoids.