Bloomberg Technology
Rivian Ready to Go Public Valued at $53 Billion
Rivian Automotive Inc., the electric truck maker backed by Amazon.com Inc., plans to raise as much as $8.4 billion in an initial public offering that could give it a value of as much as $53 billion. Ed Ludlow reports on “Bloomberg The Open.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full…
Bloomberg Technology
Apple Soars Post-Earnings and Jobs Data Disappoints | Bloomberg Technology
Bloomberg’s Ed Ludlow breaks down Apple’s earnings including an upbeat forecast and record buyback. Plus, tech jumps and market traders re-up rate cut bets as US jobs data disappoints to the downside, and Coinbase’s CFO breaks down the company’s first quarter earnings. ——– “Bloomberg Technology” is our daily news program focused exclusively on technology, innovation…
Bloomberg Technology
The Global Outlook for the Gaming Sector
It has been a hard week for the video game industry, with AMD warning of a slowing demand for chips powering game consoles and computers, and video game publisher Take Two planning to shut down subsidiaries in London and Seattle amid mass layoffs. In more positive news: Twitch, Amazon’s livestreaming platform for gamers, is going…
Bloomberg Technology
Coinbase Slips as Beat Fails to Impress After Rally
Coinbase shares slipped after a first-quarter results beat, as Mizuho noted the crypto trading platform’s strong year-to-date rally, signs of a transaction revenue drop in the coming months and potential regulatory risks. Still, Coinbase CFO Alesia Haas says the company is focused on long-term trends. She joins Bloomberg’s Sonali Basak and Ed Ludlow on “Bloomberg…
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Edgar Cardenas
November 5, 2021 at 7:18 pm
$#$ Forbes owner blue pen 🖊️ boss Tony stark
lewisgv
November 6, 2021 at 12:09 am
Tesla no.1
Kevin Pasala
November 6, 2021 at 3:33 am
For sure. But if this company is only 40 percent of Tesla that’s 400 dollars a share eventually. If it’s worth 65 that’s a 400 percent return.
Conner G
November 6, 2021 at 4:52 am
Yea yea we get it
Thad L M
November 6, 2021 at 11:10 pm
@Conner G Tesla is the next Tesla….
Prabakaran Perumal
November 6, 2021 at 4:01 am
I am still unable to understand valuation like 50 billion or 60 billion for zero revenues.
Mark Plott
November 6, 2021 at 6:56 am
Short sellers are going to TANK the Rivian IPO to $0/share.
Arise Training Program
November 6, 2021 at 10:12 am
Boooooooo ridiculous eval. You’re not special, you need to validate you can manufacture at scale and be profitable
Cybrtrk
November 6, 2021 at 1:09 pm
Not a single vehicle delivered to a customer… what a mockery of human emotion to invest in EV transition.