OS Therapies Files for $10 Million IPO

OS Therapies, a clinical-stage biotech company, has filed for an initial public offering (IPO) of 2 million shares at $5 per share. The company intends to raise $10 million in gross proceeds from the offering. The IPO filing was made with the Securities and Exchange Commission (SEC) on [insert date]..

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Bed Bath & Beyond Files for Bankruptcy as Business Struggles

Bed Bath & Beyond, a popular home goods retailer, has filed for Chapter 11 bankruptcy protection after its business struggled in recent years. The company’s stock price has plummeted by over 90% since 2015, and the COVID-19 pandemic only added to its woes. The retailer has been facing increasing competition.

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Volkswagen Commits C$7 Billion for Battery Gigafactory in Canada

Introduction   Volkswagen, Europe’s largest carmaker, and the Canadian government have announced a historic investment of over C$20 billion ($14.8 billion) in the country’s electric-vehicle (EV) supply chain. The investment is aimed at building a battery gigafactory in St. Thomas, Ontario, and will be the largest single investment ever made.

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Resource Nationalism in Latin America Triggers a Drop in Lithium Shares

Introduction: The world is shifting towards renewable energy, and electric vehicles (EVs) are playing a crucial role in this transition. As a result, the demand for lithium, a key component in EV batteries, is skyrocketing. However, with Latin America’s “lithium triangle” holding the world’s largest trove of the metal, the.

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Bed Bath & Beyond May File for Bankruptcy, Considers Sale of Assets and IP

 Bed Bath & Beyond Faces Potential Bankruptcy Filing   Bed Bath & Beyond, the popular home goods retailer, is reportedly considering a potential bankruptcy filing as it struggles to cope with the ongoing economic fallout from the COVID-19 pandemic. According to Bloomberg News, the company is also looking at the.

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Global Stocks Slip as Investors Weigh Corporate Earnings Results

Global Stocks Decline for Third Straight Day   Global stocks have been declining for a third straight day as investors weigh the latest round of corporate earnings results. This trend is not uncommon, as investors often take the time to evaluate earnings reports before making any significant investment decisions.  .

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Tesla’s Shares Plummet as Elon Musk Signals Continued Price Cuts to Boost Demand

Tesla Inc.’s shares took a nosedive on Thursday, plummeting 8% in response to CEO Elon Musk’s announcement that the electric-vehicle (EV) manufacturer will continue to cut prices in an effort to spur demand. This decision comes despite the potential impact on the company’s profitability, and has sparked concerns among analysts.

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Edelsten’s Artemis buys Japanese banks and diversifies portfolio

Artemis CEO Edelsten has been making some significant moves in the market lately. The hedge fund manager has been buying first-tier Japanese banks since the summer of 2022. This move has diversified the portfolio and created new opportunities for the company. Artemis invests in Toppan and Toyota Industries In the.

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Why Nikkei Average’s Persistent Undervaluation is Worth Noting

Introduction The Nikkei Average, also known as the Nikkei 225, is Japan’s stock market index, comprising of the top 225 blue-chip companies listed on the Tokyo Stock Exchange. It is regarded as a barometer of the Japanese economy’s health and the benchmark index for the country’s equity market. However, in.

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Warren Buffett’s endorsement boosts Japanese trading houses

Introduction Warren Buffett’s investment decisions have always garnered attention from investors worldwide. His firm Berkshire Hathaway’s recent announcement of an increased stake in Japan’s five largest trading houses has created a buzz in the investment world. In this article, we will delve into the reasons behind Buffett’s investment in Japanese.

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GoldMining Inc. Announces IPO of USGO Units at $10 per Unit

GoldMining Inc. (NYSE AMERICAN: GLDG) and its subsidiary, U.S. GoldMining Inc., have announced the pricing of an initial public offering (IPO) of 2,000,000 units of USGO at an initial public offering price of $10.00 per Unit. What are USGO Units? Each unit comprises one share of common stock and one.

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Fox Corp settles Dominion Voting Systems defamation lawsuit for $787.5 million

Introduction Fox Corp, the owner of Fox News, has settled a defamation lawsuit brought by Dominion Voting Systems for $787.5 million. This marks the largest ever settlement struck by an American media company, and has resulted in a 1% drop in premarket trade for Fox Corp shares. In this article,.

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