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10-Q: Q2 2024 Earnings Report
10-Q: Q1 2024 Earnings Report
Goal Acquisitions Corp. (NASDAQ:PUCKW) Sees Large Drop in Short Interest
Powell: it is not clear whether the Delta mutation will significantly affect the economic recovery.
Jerome Powell, chairman of the Federal Reserve, said on Tuesday that it was not clear whether the outbreak of novel coronavirus's Delta variant would have a significant impact on the US economic recovery. Powell said when attending the city hall meeting: "novel coronavirus still exists." And this may continue for a while, "but" people and businesses have learned to adapt. " Powell did not comment on the Fed's monetary policy in his speech. But he said it was important for the Fed to stick to its existing functions because of its independence in monetary policy decision-making. He also said that the Fed is "strong.
Li Auto Inc. is reported to plan to set the price of Hong Kong IPO at HK $118,000,000 per share.
Li Auto Inc., a Chinese electric car maker, told potential investors that it planned to price its Hong Kong-listed IPO at HK $118,000,000 a share, raising about $1.5 billion, according to people familiar with the matter. The price is about 3.2% off Li Auto Inc. 's closing price on Nasdaq on Thursday. One American depositary share is equal to two common shares. The carmaker will issue 100 million shares in its Hong Kong listing. People who spoke on condition of anonymity said the pricing had not yet been finalized because discussions were still under way. A representative of the company did not immediately respond to a request for comment. Li Auto Inc., which has been listed in the United States, will
Munger: The pandemic has created “amazing success” and car dealers have made a lot of money
Buffett's close friend Charlie Munger said in an interview broadcast on Tuesday that for some companies such as car dealers, the pandemic has even brought huge profits. Munger said, “It not only created a sense of returning to normal; it also created an unexpected huge success. Car dealers have made a lot of money. If it weren't for the pandemic, they wouldn't be able to make any money.” Due to factory closures and a global shortage of semiconductors due to the pandemic, automakers and dealers have reaped greater profits. Had it not been for record profits, cars would have been sold out even before they reached dealers. Berkshire Hathaway Motor Company is
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