valuation
HSBC on course for £300 billion valuation, top executive says
[ad_1] [LONDON] Weeks after its market value rose above £200 billion (S$344.6 billion) for the first time in its history, HSBC Holdings is now on course for a capitalisation in...
Alphabet hits US$4 trillion valuation as AI refocus lifts sentiment
[ad_1] [BENGALURU] Alphabet briefly hit US$4 trillion in market valuation on Monday (Jan 12), as the Google parent’s sharpened artificial intelligence (AI) focus allayed doubts about its strategy and thrust...
VinFast-linked GSM eyes international IPO; floats US$20 billion valuation
[ad_1] The company runs Vietnam’s largest all-electric taxi fleet under the Xanh SM brand[SINGAPORE/HANOI] Vietnamese electric-vehicle (EV) taxi operator Green and Smart Mobility (GSM), an affiliate of the Vingroup conglomerate,...
European equities muted as tech valuation concerns linger; UK markets outperform
[ad_1] EUROPEAN shares were little changed on Wednesday with losses in technology stocks offsetting strong performance from basic resources amid lingering concerns over sky-high, AI-fuelled tech valuations.UK markets, meanwhile, advanced after...
Elon Musk’s fortune soars above US$600 billion on new SpaceX valuation
[ad_1] The company is the biggest player in the orbital launch industry with its Falcon 9 rockets[NEW YORK] Elon Musk’s wealth has reached a new high, topping US$600 billion for...
Spacex sets US$800 billion valuation, confirms 2026 IPO plans
[ad_1] The Musk-led company is targeting a valuation of about US$1.5 trillion for the entire company[TEXAS] SpaceX has authorised an insider share sale that values Elon Musk’s rocket and satellite...
E-commerce firm Meesho notches US$8.8 billion valuation in blockbuster India debut
[ad_1] The country’s IPO fundraising in 2025 is expected to surpass last year’s record US$20.5 billion[BENGALURU] Shares of e-commerce firm Meesho jumped about 58 per cent in their debut on...
Outspoken short seller Michael Burry shorts Tesla over valuation and Musk pay plan, Fortune says
[ad_1] [NEW YORK] Michael Burry has bet against the shares of Tesla, saying they are “ridiculously overvalued” and warning that founder Elon Musk’s proposed US$1 trillion pay package would worsen...
Databricks in talks to raise capital at US$134 billion valuation: report
[ad_1] [BENGALURU] Data analytics firm Databricks is in talks to raise US$5 billion at a valuation of US$134 billion, which is roughly 32 times this year’s expected sales of about...
Alphabet races towards US$4 trillion valuation as AI-fuelled gains accelerate
[ad_1] [BENGALURU] Alphabet closed in on a US$4 trillion valuation on Monday (Nov 24), set to become only the fourth company to enter the exclusive club, as the Google parent...