American Express, Comerica, Coinbase rise premarket; SolarEdge falls
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- Wall Street ends higher as SpaceX's market debut dominates
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- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
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- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
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- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Super Micro Computer establishes $1.25 billion stock sale agreement
Deutsche Bank downgrades solar stocks on 'sluggish demand'
October 20, 2023 10:47 AM EDTDeutsche Bank analyst Corinne Blanchard downgraded shares of solar companies SolarEdge Technologies (NASDAQ: SEDG), Sunnova Energy International Inc. (NYSE: NOVA) and Sunrun (NASDAQ: RUN) to Hold from Buy in a note... More
VinFast (VFS) announces billion dollar share deal with Yorkville
October 20, 2023 9:35 AM EDTVietnamese electric vehicle manufacturer VinFast (NASDAQ: VFS) announced on Friday that it has initiated a share subscription agreement of potentially $1 billion with the U.S.-based fund Yorkville Advisors, aiming to secure financial backing for its international market growth.
According to VinFast's submission to the U.S. securities... More
VinFast Auto (VFS) Announces Standby Equity Subscription Agreement Of Up To $1.0 Billion With Yorkville Advisors
October 20, 2023 8:22 AM EDTVinFast Auto Ltd. (the "Company" or "VinFast") (NASDAQ: VFS) today announced that it has entered into a standby equity subscription agreement ("Subscription Agreement") with YA II PN, Ltd. ("Yorkville").
Subscription Agreement Highlights:
VinFast has the option, but not the obligation, to require Yorkville to subscribe for up to $1.0 billion of ordinary shares in VinFast at any... More