Mobileye Shares Open Higher In Stock-Market Debut

Mobileye Shares Open Higher In Stock-Market Debut

Mobileye IPO: 5 things to know about the Intel autonomous-driving spinoff

While Intel INTC, +0.70% executives reportedly dreamed of a valuation as high as $50 billion, the market for initial public offerings has crashed in 2022 after a record year in 2021, and expectations have taken a dive. In filings with the Securities and Exchange Commission, Intel has said that it is looking to sell at … Read more

Intel Eyes Significantly Lower Valuation in IPO of Mobileye Unit

WSJ News Exclusive IPOs A target valuation of under $20 billion is expected, down from $50 billion

Hedge fund Millennium’s €126m Porsche short signals bearish bet on IPO

Ahead of Volkswagen’s IPO of Porsche AG in a few weeks, hedge fund Millennium International Management has built a large short position in Porsche SE. According to data from research firm Breakout Point, Millennium disclosed a position representing 0.6% of the company’s shares on 14 September. A rough estimate based on current market capitalisation would … Read more

Porsche Family to Acquire More Than 25% of the Car Maker as IPO Nears

BERLIN—Volkswagen AG largest shareholder, Porsche Automobil Holding SE said it would acquire 25% plus one additional share of the voting stock in Porsche AG when VW lists the sports-car brand, which could happen by the end of the month, the companies said on Saturday. VW, Europe’s biggest auto maker by sales, said the companies’ boards … Read more

Ryan Cohen’s Stock Sale Is No Problem for Bed Bath & Beyond’s True Believers

By Akane Otani and Caitlin McCabe Updated Aug. 21, 2022 5:33 am ET Listen to article (1 minute) A stupefying rally in Bed Bath & Beyond stock came skidding to a halt last week when one of the company’s biggest shareholders cashed out.  Now, a crowd of individual investors say they are hoping to ride … Read more

Want a Deal on Tesla Stock? Become an Employee.

Tesla’s employee stock purchase plan allows workers to purchase shares with up to 15% of their total compensation at 85% of the prevailing stock price. Andrew Caballero-Reynolds/AFP via Getty Images Text size Tesla stock has climbed since the electric vehicle maker announced its split, but shares aren’t up nearly as much as they were the … Read more

Tesla’s Stock Will Split on Aug. 24

Illustration by Elias Stein Text size Tesla has given investors something to look forward to this coming week: a three-for-one stock split. As of the close of trading on Aug. 24, Tesla shareholders will get a “dividend” of two extra shares. The next day, Tesla stock will start trading at the new price—a third of … Read more

Berkshire Hathaway Beats Estimates for Second-Quarter Profits

Text size Berkshire Hathaway CEO Warren Buffett added slightly to stakes in Apple and Chevron. Andrew Harrer/Bloomberg Berkshire Hathaway ’s operating profits rose 39% in the second quarter, topping estimates, on strength in the company’s insurance and railroad businesses as well as sharply higher investment income. The company continued to moderate its pace of share … Read more

Tesla Stock Rises After a Blowout July as Vote on Stock Split Looms

Text size Tesla’s shareholder meeting is on Thursday. Nicolas Asfouri/AFP via Getty Images Tesla stock was climbing Tuesday afternoon as investors await a crucial shareholder meeting later in the week. Although shares in Tesla (ticker: TSLA) were 0.7% lower in premarket trading, by midday they were up 3% at $918.47. Shares are now above their … Read more