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Intel In Crosshairs Of Apollo, Qualcomm

Global Finance

Intel’s market share continues to decline. Its stock price has plummeted 60% this year and its market capitalization fell below $100 billion in early August: the first time that has happened since 2012. The post Intel In Crosshairs Of Apollo, Qualcomm appeared first on Global Finance Magazine.

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Hyundai India’s IPO Filing Highlights Confidence In Surging India Markets

Global Finance

In the second half of 2023 the Indian equity market crossed the $4 trillion mark and is currently valued at $4.9 trillion as per the National Stock Exchange of India, pushing Hong Kong aside to become the world’s fourth largest stock market by market cap, behind Japan, China and the US. Indian mutual fund assets now stand at 58.6

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Ola Electric’s Shares Surge

Global Finance

The SoftBank-backed company’s shares surged nearly 82% in less than two weeks after the IPO, rising 20% over its initial share price of 91 cents on August 16, to lift its market capitalization across the $7 billion mark after it announced the launch of new electric motorcycles and that it would manufacture its own batteries to cut costs.

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Talabat Stumbles Despite UAE’s Top 2024 Listing

Global Finance

The sale of a 20% stake represents a market capitalization of around $10 billion. Investors have been attracted to GCC capital markets amid a dull outlook for IPOs in markets in the US and Europe. The post Talabat Stumbles Despite UAEs Top 2024 Listing appeared first on Global Finance Magazine.

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Amazon Overtakes Walmart

Global Finance

In less than a decade, Amazon reached a market capitalization three times that of Walmart, with $59 billion in profits last year, compared to its rival with $19.4 The retail market is very democratic and healthy, added Saunders. The post Amazon Overtakes Walmart appeared first on Global Finance Magazine.