Latest Market News
TPG Inc.’s TPG, -0.07% TPG Real Estate unit said Monday it drew in $6.8 billion in investor commitments for its TPG Real Estate Partners IV LP, part of a series of opportunistic real estate vehicles at the private equity firm. Kelvin Davis and Avi Banyasz, partners and co-heads of TPG Real Estate, led the effort […]
Online searches for the term “Bitcoin dead” reached an all-time high owing to peak anxiety among investors amid ongoing selloffs at the time. 1259 Total views 59 Total shares The global crypto community has started to redirect its interest from Bitcoin (BTC) to Web3, according to Google search trends. In order to keep up with […]
Medtronic Plc MDT, +0.98% said Monday it’s planning to separate its patient monitoring and respiratory interventions businesses in a move aimed at better positioning both the NewCo and Medtronic for long-term success. The Dublin-based medical device company said the business had about $2.2 billion in revenue in fiscal 2022. It expects the separation to be […]
Schlumberger Ltd. SLB, +10.33% said Monday it has changed its name to SLB to underscore its shift from an oil services company to a business focused on decarbonized energy. The new name affirms SLB’s change “from the world’s largest oilfield services company to a global technology company focused on driving energy innovation for a balanced […]
President Joe Biden will receive his updated COVID booster shot Tuesday, and will encourage more Americans to get theirs, too. NBC News first reported the booster news, which was confirmed by a tweet from White House assistant press secretary Kevin Munoz and in an emailed statement, in which the White House said “The President will […]
Tesla Inc. TSLA, +3.45% has cut the prices of some of its vehicles in China, according to reports Monday. Reuters reported that Tesla reduced starting prices for the Model 3 and Model Y by as much as 9% in the country. Bloomberg News highlighted that the price of the basic Model 3 fell to 265,000 […]