Ford (F) shipped 4,291 F-150 Lightning EV trucks in Q1 2023
Ford is looking to match the increased demand for its EVs by expanding the production of vehicles like the F-150 Lightning.
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Virgin Orbit (VORB) files for Chapter 11 bankruptcy protection
The company founded by billionaire Richard Branson has filed for bankruptcy after failing to secure long-term funding.
Capcom (9697) stock hits all-time high, company's valuation nears $10 billion
Capcom's hot streak continues as the company reaches an all-time high evaluation.
Nikola (NKLA) shares sink to all-time low after $100 million stock offering priced below market
Nikola shares fell over 15 percent after its $1.12 per share stock fell short by almost 20 percent of its $1.40 closing price.
GameStop (GME) reports 56.7 million PowerUp Rewards members as of January 28, 2023
The Form 10-K also revealed that of these members, 5.6 million are Pro members.
GameStop (GME) reports 76 million directly registered shares (DRS) as of March 22, 2023
The number of directly registered shares has reached approximately 25 percent, with close to 200,000 individuals owning said shares.
GameStop (GME) Form 10-K Annual Report states NFT marketplace sales weren't material to 2022 revenue
Sales related to GameStop's recently launched NFT Marketplace haven't led to substantially reportable losses or gains.
Chinese Ecommerce giant Alibaba to split into 6 units with potential IPOs
The company will operate through six groups with CEO Daniel Zhang heading the Cloud Intelligence Group overseeing cloud and AI activities.
First Citizens Bank buys $72 billion of SVB loans & deposits at a $16.5 billion discount
Another $90 billion in other assets from SVB will remain in the FDIC's control.
Terraform Labs founder arrested in Montenegro in relation to Luna crypto crash
Do Kwon was found attempting to flee Montenegro with falsified documents. Global warrants called for Kwon's arrest following the crash of TerraUSD & Luna 'stablecoins'.
