by Jibran Munaf | October 15, 2024 | Corporate Finance
Hyundai Motor India has raised $989.4 million from institutional investors, including BlackRock and Fidelity, as part of its $3.3 billion Initial Public Offering (IPO). This IPO is set to be the largest in India’s history, reflecting growing investor confidence...
by Jibran Munaf | October 13, 2024 | Corporate Finance
JPMorgan Chase reported stronger-than-expected third-quarter earnings on Friday, driven by a 7% increase in revenue to $42.7 billion. Despite the positive financial results, CEO Jamie Dimon issued a cautionary note about escalating global threats and the challenges...
by Jibran Munaf | October 12, 2024 | Aviation, Corporate Finance
India’s Adani Group is in discussions with a Middle East-based sovereign wealth fund (SWF) to raise up to $1 billion for its airports business, according to a report by Economic Times. The capital raise will be carried out in two phases, with the first round of funds...
by Jibran Munaf | October 6, 2024 | Corporate Finance
Netflix stock (NFLX) has surged 50% since the start of 2024, with shares trading near their highest levels in a year. Despite this impressive run, the streaming giant’s biggest test lies ahead: sustaining high and consistent viewership. In its latest biannual...
by Jibran Munaf | October 5, 2024 | Corporate Finance, Retail
Online fast-fashion retailer Shein is gearing up for its London initial public offering (IPO) by scheduling informal investor meetings in the coming weeks, according to sources familiar with the matter. The company is moving forward with preparations while awaiting...
by Jibran Munaf | September 28, 2024 | Corporate Finance
OpenAI, the creator of ChatGPT, is expected to report approximately $5 billion in losses this year, despite generating $3.7 billion in revenue, according to sources familiar with the matter. The company, which saw a staggering 1,700% increase in revenue since early...
