Mindblown: a blog about philosophy.
Ebix reports Q3 revenue decline and net loss amid IPO costs
JOHNS CREEK, GA – Ebix (NASDAQ:EBIX), Inc., a global software and e-commerce services provider, disclosed its financial results for the third quarter of 2023 today, indicating a slight year-over-year revenue decline alongside a net loss. The company reported GAAP revenues of $119.2 million for Q3 2023, down 1.1% from the $120.5 million achieved in the […]
All Nasdaq shorts are in loss – Citi
Citigroup strategists indicate that futures positioning in most markets, including Australia and Europe, remains bearish. However, they note an exception in the case of U.S. equities, particularly the Nasdaq, where positioning has shifted back to neutral following a recent market rally. “90% of $37.5bn shorts in SPX and all of the $9.7bn shorts in NDX […]
All Nasdaq shorts are in loss – Citi
Citigroup strategists indicate that futures positioning in most markets, including Australia and Europe, remains bearish. However, they note an exception in the case of U.S. equities, particularly the Nasdaq, where positioning has shifted back to neutral following a recent market rally. “90% of $37.5bn shorts in SPX and all of the $9.7bn shorts in NDX […]
All Nasdaq shorts are in loss – Citi
Citigroup strategists indicate that futures positioning in most markets, including Australia and Europe, remains bearish. However, they note an exception in the case of U.S. equities, particularly the Nasdaq, where positioning has shifted back to neutral following a recent market rally. “90% of $37.5bn shorts in SPX and all of the $9.7bn shorts in NDX […]
All Nasdaq shorts are in loss – Citi
Citigroup strategists indicate that futures positioning in most markets, including Australia and Europe, remains bearish. However, they note an exception in the case of U.S. equities, particularly the Nasdaq, where positioning has shifted back to neutral following a recent market rally. “90% of $37.5bn shorts in SPX and all of the $9.7bn shorts in NDX […]
Rivian to borrow nearly $15B for Georgia EV plant
(Correction – Article has been updated to correct specifics related to bond issuance and payment clarification) Rivian Automotive (NASDAQ:RIVN) revealed Monday that the Joint Development Authority (JDA) of Jasper, Morgan, Newton & Walton Counties will issue what is known as “phantom bonds” to assist electric vehicle maker, Rivian (RIVN) in the construction of a manufacturing […]
Rivian to borrow nearly $15B for Georgia EV plant
(Correction – Article has been updated to correct specifics related to bond issuance and payment clarification) Rivian Automotive (NASDAQ:RIVN) revealed Monday that the Joint Development Authority (JDA) of Jasper, Morgan, Newton & Walton Counties will issue what is known as “phantom bonds” to assist electric vehicle maker, Rivian (RIVN) in the construction of a manufacturing […]
Rivian to borrow nearly $15B for Georgia EV plant
(Correction – Article has been updated to correct specifics related to bond issuance and payment clarification) Rivian Automotive (NASDAQ:RIVN) revealed Monday that the Joint Development Authority (JDA) of Jasper, Morgan, Newton & Walton Counties will issue what is known as “phantom bonds” to assist electric vehicle maker, Rivian (RIVN) in the construction of a manufacturing […]
David Wah set to join PJT Partners in December after Credit Suisse exit
SAN FRANCISCO – David Wah, a seasoned investment banker with a career spanning three decades, is poised to start his new role as a partner at PJT Partners (NYSE:PJT) Inc. next month. Wah’s move comes after a notable shift in the financial industry landscape earlier in June 2023, following UBS Group AG (SIX:UBSG)’s acquisition of […]
Rivian to borrow nearly $15B for Georgia EV plant
Rivian Automotive (NASDAQ:RIVN) revealed Monday that the electric automaker plans to borrow up to $15 billion in taxable bonds to help finance construction on a manufacturing plant in Georgia. As per a November 9 agreement revealed in a securities filing, the bonds will be issued by the Joint Development Authority of Jasper, Morgan, Newton & […]
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